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Last week, Florida East Coast Industries Inc. (FECI) shareholders elected four board members. FECI also announced current directors Nelson Fairbanks and Richard Ellwood will retire.

The new members are Robert Fagan, chairman, president and chief executive officer of TECO Energy Inc.; James Jordan, managing director of Arnhold and S. Bleichroeder Advisors L.L.C.; John Lord, a business consultant and private investor from central Florida; and James Pieczynski, director of CapitalSource Finance L.L.C.

"The diversity of business and management experience of our new directors will bring important new perspectives to our board," said FECI Chairman, President and CEO Robert Anestis in a prepared statement.