AAR taps Hedrick as SVP, CFO

The Association of American Railroads (AAR) yesterday announced that Paul Hedrick will serve as the organization’s next senior vice president of finance and administration and chief financial officer.

Hedrick will succeed Jeff Marsh, who plans to retire on March 1.

For the past 11 years, Hedrick has served as CFO of the Endocrine Society, where he led strategic, capital budget and information technology planning processes. Prior to that, he served as controller for the Service Employees International Union (SEIU) where he was responsible for internal and external financial reporting.

"Over the last 20-plus years, Paul Hedrick has honed a unique financial and information technologies skill set from his service to the Endocrine Society, SEIU and other important organizations," said AAR President and CEO Ian Jefferies in a press release. "We are thrilled to welcome him aboard and confident his work will bring immense value to both AAR and the rail industry."