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Union Pacific reported $24.5B in revenue and $7.1B in net income for fiscal 2025. See the full UNP financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Union Pacific Names Rahul Jalali Chief Information Officer

Union Pacific has appointed Rahul Jalali as the new chief information officer, effective Nov. 2.

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Rhea-AI Summary

Union Pacific has appointed Rahul Jalali as the new chief information officer, effective Nov. 2. Jalali will oversee the development and implementation of information and telecommunications technologies. He brings 23 years of IT experience from Walmart, where he led successful initiatives to enhance operational efficiency. Additionally, Jon Panzer, the previous interim CIO, transitions to senior vice president of Strategic Planning. This leadership change aims to boost technology investments to improve service and customer supply chains.

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Positive

  • Appointment of experienced CIO Rahul Jalali is likely to improve IT efficiencies.
  • Jalali's background with Walmart indicates a strong capability in enhancing operational efficiency.

Negative

  • None.

News Market Reaction – UNP

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In the trading session that priced this news, UNP gained 0.28%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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OMAHA, Neb., Oct. 12, 2020 /PRNewswire/ -- Union Pacific today named Rahul Jalali as the company's chief information officer, effective Nov. 2.

Jalali will lead the development, implementation and operation of Union Pacific's information and telecommunications technologies. He will report to Lance Fritz, Union Pacific chairman, president and chief executive officer.

"Union Pacific is committed to investing in technology that improves our service, enhances efficiency and makes us easier to do business with," Fritz said. "Rahul's leadership and expertise will guide our industry-best IT team's efforts to drive innovative technologies that optimize our customers' supply chains."

Jalali served 23 years with Walmart Inc., most recently as vice president of Walmart International. During his tenure, he led IT organizations for multibillion dollar revenue business units with globally dispersed teams to increase revenue margin while improving operational efficiency.

Union Pacific also announced Jon Panzer, who served as interim chief information officer, has been named senior vice president, Strategic Planning, reporting directly to Fritz. Panzer is responsible for facilitating, implementing and overseeing Union Pacific's strategic agenda.

ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

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SOURCE Union Pacific Corporation

FAQ

Who is the new chief information officer of Union Pacific?

Union Pacific has appointed Rahul Jalali as the new chief information officer, effective November 2.

What experience does Rahul Jalali have?

Rahul Jalali has 23 years of experience at Walmart, where he led IT organizations to increase revenue margin and improve operational efficiency.

What is Jon Panzer's new role at Union Pacific?

Jon Panzer has been named senior vice president of Strategic Planning, after serving as interim chief information officer.

What changes are being made to improve technology at Union Pacific?

Union Pacific aims to invest in technology that enhances service, efficiency, and customer supply chains under the guidance of the new CIO.