Marmon Rail on Oct. 27 reported that Laurie Stiles has been elevated to President of Railserve Inc., leading the businesses of Atlanta-Ga.-based Railserve, an in-plant switching and associated services provider, and two other Marmon Rail companies: Frankfort, Ind.-based Ameritrack Rail, a full-service rail contractor providing engineering and design services, new track construction, and existing track maintenance, and Longview, Tex.-based Powerhouse, a locomotive repair, air brake component repair, and maintenance services company.
Stiles’ responsibilities will include developing, refining, and driving growth strategies within each business while providing leadership to more than 1,200 employees of the organization, according to Marmon Rail, which is part of Marmon Holdings, a Berkshire Hathaway company, and offers a portfolio of services across North America that also includes mobile repair, tank car leasing and manufacturing, and railcar movers.
Stiles joined Marmon Rail in 2021 and previously held the roles of Senior Vice President, Strategic Initiatives for Marmon Railyard and Repair Services, and Vice President, Sales and Marketing for Marmon On-Site Services. She began her career in the oil and gas industry working in railcar fleet management at Norcal Gas and Shell Canada. In 2000, she joined Targa Resources, where she spent 20 years in progressively senior leadership roles across logistics and supply, culminating as Senior Director of NGL Commercial Transportation. Stiles holds a Master of Business Administration in international business from the University of St. Thomas (Texas) and a Bachelor of Arts from the University of Calgary.
“Since joining Marmon, Laurie has been instrumental in driving cross-business initiatives, programs, and processes that have facilitated growth and stability with key customers,” Marmon Railyard and Repair Services Group President Chris Hagge said. “Her deep industry experience and leadership make her the ideal choice to lead this organization into its next chapter.”
“I’m honored to lead Railserve, Ameritrack, and Powerhouse and continue building on each company’s legacy of safety, service excellence, and innovation,” Stiles said.
