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10/15/2003



Rail News: Railroading People

Balfour Beatty names Carlin rail unit president, Bond CFO


Balfour Beatty Inc. recently named Joe Carlin president of rail-industry supplier and service provider Balfour Beatty Rail Inc.

Reporting to Balfour Beatty President and Chief Executive Officer David Wathen, Carlin will head all of the rail unit's U.S. businesses, including Rail Systems, Rail Maintenance, Marta and Metroplex operating divisions. Marta and Metroplex Corp. founder and long-time President T. Philip Stout plans to retire but first assist Carlin for several months with the leadership transition.

Carlin previously served Eaton Corp. for 22 years, most recently as marketing director, Europe, and previously in key sales, marketing, operations and management positions.

"Joe's broad expertise … will help Balfour Beatty develop its railroad business," said Wathen in a prepared statement. "There is strong demand for quality railroad services and we view railroads as an important source of future growth."

Balfour Beatty also named Ray Bond chief financial officer. Reporting to Wathen, Bond will be responsible for the fiscal functions of Balfour Beatty's infrastructure design, construction and service units.

He most recently served the service provider's United Kingdom-based parent Balfour Beatty plc — which he joined in 1996 — as general manager, rail infrastructure services, responsible for 1,200 employees and $136 million in sales.

"Ray will play a key role in Balfour Beatty's U.S. growth plans, as well as assisting each of our operating companies in achieving their strategic and financial goals," said Wathen.


Contact Progressive Railroading editorial staff.

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