Kansas City Southern (KCS) (NYSE:KSU) has announced that on February 5, 2010, Karen L. Pletz notified Michael R. Haverty, chairman and chief executive officer of KCS, that she would not stand for reelection to the KCS board of directors at its 2010 annual stockholders' meeting. The company said her decision was voluntary and not a result of any disagreement with KCS.
"We thank Karen for her service as a director of Kansas City Southern and wish her well," stated Mr. Haverty.
Pletz's term of office as a director of KCS will expire at its 2010 annual stockholders' meeting, which is scheduled for May 6, 2010.