Kathryn M. "Katie" Thompson Farmer (born c. 1970) is an American railroad executive. In January 2021, she became the first woman chief executive of a Class I railroad succeeding Carl Ice at BNSF Railway.
Kathryn Farmer | |
|---|---|
| Born | c. 1970 |
| Nationality | American |
| Alma mater | Texas Christian University |
| Occupation(s) | Senior executive, BNSF Railway |
| Years active | 30 |
Biography
editKathryn M. Farmer graduated from Texas Christian University with a Bachelor of Business Administration and an MBA in Finance.[1]
Farmer joined Burlington Northern Railroad in 1992 as a management trainee. She has spent her entire career at BNSF (Burlington Northern merged with Santa Fe in 1996 to become BNSF and became wholly owned by Berkshire Hathaway in 2010), holding positions in operations, marketing and finance.
Farmer was appointed Executive Vice President Operations in September 2018.[2] In September 2020, BNSF announced that she would succeed Carl Ice as President and Chief Executive Officer, and also lead BNSF's Board of Directors, effective January 1, 2021.[3] The appointment made her the first woman to lead a major railway operator in North America.[2]
Matt Igoe took over her vacated role of Executive Vice President Operations.[4]
Farmer's appointment as CEO coincided with BNSF's milestone anniversary, marking the company's evolution since its formation in 1995 through mergers and acquisitions.[1] Upon her appointment as chief executive, investor Warren Buffett publicly expressed confidence in Farmer's leadership abilities.[2]
Farmer is a member of the Board of Trustees of Texas Christian University.[5]
Farmer was named Railway Age's 2023 Railroader of the Year. In giving the award, the magazine pointed to how Farmer "took the throttle of North America’s largest railroad, in terms of both route-miles and revenue, during unprecedented times, in the midst of a global pandemic."[6]
References
edit- ^ a b Vantuono, William C (15 September 2020). "BNSF's Katie Farmer Breaks Through the "Glass Ceiling"". Railway Age. Retrieved 3 October 2020.
- ^ a b c Todd, Samantha. "Warren Buffett's BNSF Railway Names Kathryn Farmer First Female CEO Of Major Railroad". Forbes. Retrieved 3 October 2020.
- ^ "BNSF names Katie Farmer CEO". Dallas News. 2020-09-15. Retrieved 2024-02-24.
- ^ Rogow, Geoffrey (14 September 2020). "Berkshire Hathaway's BNSF Railway Names Kathryn Farmer as CEO". The Wall Street Journal. Retrieved 3 October 2020.
- ^ "2019-20 Board Of Trustees". Texas Christian University. Retrieved 3 October 2020.
- ^ William C., Vantuono (2023-01-12). "2023 Railroader of the Year: Katie Farmer, BNSF". Railway Age. Retrieved 2024-05-01.