The North Carolina Railroad Company (NCRR) President and CEO Carl Warren has stepped down, the company and the NCRR board of directors announced on Sept. 25.
Warren will work with the board and leadership team to ensure a smooth transition.
Until the next president and CEO is named, Malcomb Coley will serve as a board liaison to the executive team. The remainder of the executive leadership team will remain in place and will manage the company’s day-to-day work. The board of directors has hired consulting firm Korn Ferry to conduct a national search for Warren’s replacement.
“I’m proud of the results this team has delivered and the ways we have strengthened NCRR’s ability to support communities, businesses and infrastructure across North Carolina,” Warren said. “It has been a privilege to lead an organization entrusted with one of the state’s most unique and enduring infrastructure assets, and I’m confident this team will continue delivering for North Carolina for years to come.”
Warren served as president and CEO for six years. During that time, the company secured $105.6 million in federal funding for passenger and freight rail improvements, expanded its work to support economic development and infrastructure needs statewide, and stimulated $40.4 million in direct investments in local economies.