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8/11/2022
Railroad Development Corp. has announced that Robert Pietrandrea has retired as the company's president and as vice chairman of the Hawthorne Group.
Pietrandrea has worked in the railroad industry for 50 years, first as a track laborer on the Pittsburgh & Lake Erie Railroad and then with L.B. Foster Co., before forming RDC with business partner and chairman Henry Posner III in 1987, RDC officials said in a press release.
The Hawthorne Group is a diversified holding company representing the business interests of the Posner, Wright and Pietrandrea families.
"The story of RDC could not have been written without the balance of personalities that Bob and I developed by our many trials by fire," Posner said. "Bob’s retirement leaves an enormous void in our leadership despite the succession planning that has positioned us well for the future, so it will never be the same ... just different."
Pietrandrea will continue to serve on the boards of the Iowa Interstate Railroad and Ferrocarril Central Andino. He also intends to continue his philanthropic activities in Pittsburgh, where RDC is based.