President and CEO, Union Pacific Corporation
In 2012 Koraleski was named acting President and CEO of Union Pacific while CEO Jim Young receives treatment for pancreatic cancer. Koraleski has been Executive Vice President - Marketing and Sales of Union Pacific since March 1999. In his position, Koraleski is responsible for the Omaha, Nebraska-based railroad's six major business units: agriculture, automobiles, chemicals, energy, industrial products and intermodal. Collectively, the business units account for nearly $16 billion in annual revenue. He also oversees the railroad's National Customer Service Center. Koraleski, like colleague Robert Knight, has been with Union Pacific - one of seven North American transcontinental railroads and the largest freight railroad in North America - his entire professional life. He joined the company fresh out of college in 1972. Since then, he's held a number of executive positions including Controller of Union Pacific Corporation and EVP - Finance and Chief Financial Officer of Union Pacific Railroad, the positions he held before his current appointment. He also has held positions in the railroad's Information Technologies, Real Estate and Administrative departments.
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