Ironhorse Resources appoints Matt Cundiff president

Ironhorse Resources Inc. announced yesterday that Matt Cundiff has been named president. He succeeds his father, Greg Cundiff, who will remain chairman.

Matt Cundiff joined the company in 2004 as division controller for Rio Valley Switching Co. He was promoted to vice president of the southern region in 2007. In 2010, he was promoted to executive vice president and became "instrumental" in the development of Gardendale Railroad in Cotulla, Texas, Ironhorse officials said in a press release.

Matt Cundiff also launched IHR Transport, which now has more than 80 trucks operating daily.

"Matt has been an effective and well-respected leader since assuming his current post in 2010," said Greg Cundiff. "He's helped lead our unprecedented growth since 2010 and has an outstanding team focused on future business growth and acquisitions, personnel development and customer service."

Jeff Baskett will remain executive vice president, but with the added oversight and responsibility for all companies owned by Ironhorse Resources.

Based in O'Fallon, Ill., Ironhorse Resources is the parent of nine operating companies, and the administrative manager of all companies owned by CGX Inc.