Union Pacific said its Board of Directors elected W. Anthony Will, age 60, to serve on the Board as a director, effective January 5, 2026. Mr. Will will serve on the Board's Audit and Finance Committees.

1. 01

   Union Pacific said its Board of Directors elected W. Anthony Will, age 60, to serve on the Board as a director, effective January 5, 2026. Mr. Will will serve on the Board's Audit and Finance Committees.

2. 02

   The company said Mr. Will currently serves as President and Chief Executive Officer of CF Industries Holdings and will retire as President and Chief Executive Officer effective January 4, 2026. He will thereafter serve as Senior Advisor until March 15, 2026 and will retire from the CF Industries Board at its 2026 annual meeting of shareholders.

3. 03

   The company said Will served eighteen years at CF Industries and has been President and Chief Executive Officer since 2014. It added he was a partner at Accenture LLP from 2005 to 2007 and has served as a member of the Board of Directors at Olin Corporation since 2021.

4. 04

   The company said the Board affirmatively determined that Mr. Will has no material relationship with the Company or the Railroad and is independent within the meaning of the applicable listing standards of the New York Stock Exchange. Union Pacific issued a press release regarding the election of Mr. Will, dated December 12, 2025.

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Original filing

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