Union Pacific Announces New Appointments in Operating, Finance Departments

Omaha, Neb., April 12, 2010 – Union Pacific has announced the following Operating department appointments, effective June 1.

Tony Chacon has been appointed vice president - Mexico and automotive operations, replacing Robert Naro, who is retiring. Chacon will be responsible for the company’s automotive and international operations, directing network operations for automotive service products, managing border operations, and representing Union Pacific in working with Ferrocarrill Mexicano, Mexico’s largest railroad. Chacon began his career in Union Pacific’s mechanical department, progressing through numerous positions in the company’s transportation operations and marketing and sales departments.

Barry Michaels has been appointed vice president - intermodal operations, replacing Dennis Jacobson, who retired. Michaels will direct intermodal facilities and network operations and ensure service commitments are met for the company’s fastest growing business segment. Michaels started his railroad career with the Chicago and North Western in transportation services and has held numerous managerial roles in transportation and intermodal operations. He is former chairman and currently a board member for the Intermodal Association of North America.

Roger Lambeth has been named superintendent transportation services for Union Pacific’s Livonia service unit. He will be responsible for safe operations of more than 800 track miles in Louisiana and Texas. Previously, he was the general director regional operations for the Southern Region. Lambeth started his railroad career as a trainman and has worked extensively throughout transportation operations for both Union Pacific and Insight Logistics Network, a subsidiary company.

Union Pacific has announced the following Finance department appointments, also effective June 1.

Pat O'Malley has been appointed vice president - tax, following the retirement of Bernie Gutschewski. O’Malley has more than 25 years of experience with the railroad’s tax department, including the last nine years leading the federal tax area as the assistant vice president. Mary Jones, vice president and treasurer, will replace Gutschewski as trustee of the National Railroad Retirement Investment Trust.

Bryan Clark has been appointed to lead the federal tax area as assistant vice president, succeeding O’Malley. Clark has more than 16 years of experience with the tax department. His latest assignment was leading Union Pacific’s initiative to develop and implement a tax financial reporting group, which is unique in the industry.

Philip Schultz has been named general director tax - financial reporting, succeeding Clark. Schultz has 14 years of experience with the tax department, most recently serving as senior director - federal tax planning.

About Union Pacific

Union Pacific Corporation owns one of America's leading transportation companies. Its principal operating company, Union Pacific Railroad, links 23 states in the western two-thirds of the country. Union Pacific serves many of the fastest-growing U.S. population centers and provides Americans with a fuel-efficient, environmentally friendly and safe mode of freight transportation. Union Pacific's diversified business mix includes Agricultural Products, Automotive, Chemicals, Energy, Industrial Products and Intermodal. The railroad emphasizes excellent customer service and offers competitive routes from all major West Coast and Gulf Coast ports to eastern gateways. Union Pacific connects with Canada's rail systems and is the only railroad serving all six major gateways to Mexico.