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TTX Co. names Savard VP, CFO

TTX Co. names Savard VP, CFO

   TTX Co., which owns and operates a pool of freight cars for the North American rail industry, has appointed Kathleen Savard as vice president and chief financial officer, effective Jan. 1.

   Savard joined TTX earlier this year as assistant vice president, strategic financial planning. Previously, she was vice president and treasurer of Flowserve Corp.

   She replaces Thomas D. Marion, TTX's senior vice president and chief financial officer, who is retiring.

   Based in Chicago, TTX Co. is owned by North America's nine largest railroads, and has a free-running pool of more than 207,500 intermodal, automotive and general-use freight cars.