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Rail News: Mechanical

Potvin to succeed Ballachey as RailPower's CFO


Yesterday, RailPower Technologies Corp. announced it appointed Lorraine Potvin chief financial officer, effective March 15. She will succeed Peter Ballachey, who will leave his post March 30 after supervising year-end accounting functions.

Most recently vice president of finance for Domtar Inc., Potvin has more than 20 years of senior-level experience in corporate finance. She previously served as VP of finance for Bombardier Transportation.

“As RailPower moves into full-scale volume production, Lorraine's extensive experience in the manufacturing industries will be invaluable,” said Railpower President and Chief Executive Officer José Mathieu in a prepared statement.

RailPower produces the hybrid Green Goat® and Green Kid® locomotives at plants in Calgary, Alberta; Boise, Idaho; and Longview, Texas.

Contact Progressive Railroading editorial staff.

More News from 2/23/2006