Proven Leadership in Rail Transportation and Capital Formation
to Guide Evertrak in Next Period of Dynamic Growth
October 4, 2022 – NICE Holding Co LLC announced today that Mr. Jim Vena and Mr. Greg Hewett have been appointed to the board of directors of NICE, the holding company of Evertrak LLC. Veteran-owned and operated, Evertrak is the leader in providing Glass Fiber Reinforced Composite railroad ties made from recycled plastic to the railroad industry.
“The appointment of Greg Hewett and Jim Vena to the board of Evertrak reflects our long-term commitment to dynamic growth and operational excellence,” said Evertrak CEO Tim Noonan. “Their collective understanding of rail transportation, operations, finance, and supply-chain management are a tremendous boost to our goal of providing railroads with solutions that go far beyond wood ties.”
Jim Vena has four decades of experience in the transportation industry, and most recently served as Chief Operating Officer and Senior Advisor to the chairman of Union Pacific Corporation from 2019 to 2021. Prior to this, Mr. Vena served 40 years at Canadian National Railway Company in roles that included Chief Operating Officer and management positions in marketing, sales, operations, and engineering. He currently serves on the board of directors of FedEx Corporation (NYSE: FDX).
Greg Hewett is a senior advisor to businesses and institutional investors. From 2005 to 2015, Mr. Hewett served as a Senior Managing Director and in other roles with Blackstone, the world’s largest alternative asset manager. Prior to this, he served as an investment banker with Credit Suisse First Boston and Donaldson, Lufkin & Jenrette, and as an attorney with Bryan Cave LLP in St. Louis. He currently serves on the board of directors of Acushnet Holdings Corp. (NYSE: GOLF).
Evertrak LLC is a wholly owned subsidiary of NICE Holding LLC. We are a veteran-owned team of experienced entrepreneurs and operators. Our mission is to spark greatness in others; to transform plastic recycling; and to evolve centuries-old railway infrastructure practices. Each year, 20 million creosote-soaked wood railroad ties can be replaced with durable, reliable ties made from recycled plastic and glass fiber. As veterans we served our country, and we continue to serve, upgrading railway infrastructure with recycled, sustainable track solutions, and fostering dignity through the creation of living wage jobs.
