American Commercial Lines Inc. Announces New Senior Vice President of Sales and Marketingtitle
JEFFERSONVILLE, Ind., Nov. 17 /PRNewswire-FirstCall/ -- American
Commercial Lines Inc. (Nasdaq: ACLI) ("Company" or "ACL") announced today the
appointment of Michael P. Ryan as Senior Vice President Sales and Marketing.
Mr. Ryan brings more than 24 years of combined experience in logistics sales,
marketing and customer service. He spent approximately 20 years in sales and
marketing positions of increasing responsibility while at Canadian National
Railway Company and CSX Corporation, Inc. and was most recently Senior Vice
President and General Manager of McCollisters Transportation Systems. He has
a Bachelor of Arts degree from State University of New York. Mr. Ryan
replaces Mr. Martin Pepper who left to pursue other interests.
Commenting on this appointment, Mr. Mark R. Holden, President and CEO,
stated, "We are pleased to welcome Mike to ACL and the senior management team.
Mike brings with him significant knowledge and leadership experiences in rail
and truck transportation in the U.S. In addition, Mike brings a sales and
marketing record of proven successes in bulk type commodities, including
agricultural, forest and chemicals. He also has the necessary skills and
experiences to develop our logistics and intermodal businesses. As we expand
our reach into the transportation industry, Mikes leadership will be valuable
to our future success."
American Commercial Lines Inc., headquartered in Jeffersonville, Indiana
is an integrated marine transportation and service company operating in the
United States Jones Act trades, with revenues of more than $600 million and
approximately 2,600 employees. For more information about ACL generally,
visit http://www.aclines.com .
Forward-Looking Statements
This release includes certain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on managements present expectations and
beliefs about future events. As with any projection or forecast, these
statements are inherently susceptible to risks, uncertainty and changes in
circumstance. Important factors that could cause actual results to differ
materially from those expressed or implied by the forward-looking statements
and that should be considered in evaluating the outlook of American Commercial
Lines Inc. include, without limitation, increased competition, reliance on
certain customers and corporate partnerships, shortages and costs of raw
materials, continued improvements in our manufacturing capacity and cost
containment, and dependence on industry trends. These and other risks and
uncertainties are detailed from time to time in American Commercial Lines
Inc.s and its subsidiaries filings with the SEC, including the Prospectus
filed on October 7, 2005 by American Commercial Lines Inc. with the SEC.
American Commercial Lines Inc. is under no obligation to, and expressly
disclaims any obligation to, update or alter its forward-looking statements,
whether as a result of changes, new information, subsequent events or
otherwise.
