Press Releases June 16, 2026 07:30 AM

FreightCar America Appoints Bradley J. Pickard to Board of Directors

FreightCar America strengthens its board with seasoned investment banker Bradley J. Pickard.

By Derek Hwang
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FreightCar America announced the appointment of Bradley J. Pickard, an experienced investment banker with extensive expertise in rail, trucking, and logistics, to its Board of Directors, enhancing the company's strategic advisory capabilities as it focuses on expanding aftermarket services and creating shareholder value.

FreightCar America Appoints Bradley J. Pickard to Board of Directors
RAIL
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Key Points

  • Bradley J. Pickard brings over 30 years of corporate finance and capital markets experience to the Board, including investment banking roles at prominent firms.
  • His expertise in rail, trucking, and logistics sectors aligns with FreightCar America's strategic focus on strengthening its platform and aftermarket capabilities.
  • FreightCar America's Board now consists of nine directors, with six being independent, reflecting strong governance practices.

CHICAGO, June 16, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (“FreightCar America” or the “Company”), a diversified manufacturer and supplier of railroad freight cars, railcar parts and components, today announced the appointment of Bradley J. Pickard to its Board of Directors, effective as of June 10, 2026. Mr. Pickard will serve as an independent director. FreightCar America’s Board now comprises nine directors, six of whom are independent.

“We are excited to welcome Brad to FreightCar America’s Board of Directors,” said James R. Meyer, Chairman of the Board. “His more than three decades of corporate finance, capital markets and strategic advisory experience will bring a valuable perspective as we continue to strengthen our platform, expand our aftermarket capabilities and pursue disciplined opportunities to create long-term shareholder value.”

Mr. Pickard is a Managing Director of Republic Partners, LLC, where he has served since 2014. He brings more than three decades of investment banking experience, including leadership roles at Salomon Brothers, Wasserstein Perella and Houlihan Lokey Howard & Zukin. He brings extensive transaction and advisory experience in rail, trucking and logistics. Mr. Pickard has served on the boards of First Mercury Financial and Schurman Retail Group / Papyrus. He holds a Bachelor of Arts degree from the University of Michigan and a Master of Business Administration from the University of Chicago.

About FreightCar America

FreightCar America, headquartered in Chicago, Illinois, is a leading designer, producer and supplier of railroad freight cars, railcar parts and components. We also specialize in railcar repairs, complete railcar rebody services and railcar conversions that repurpose idled rail assets back into revenue service. Since 1901, our customers have trusted us to build quality railcars that are critical to economic growth and instrumental to the North American supply chain. To learn more about FreightCar America, visit www.freightcaramerica.com.

Investor Contact:[email protected]

Risks

  • Success of strategic initiatives depends on effective integration of advisory insights from new board member, which may take time.
  • Market conditions in railroad freight car manufacturing and logistics sectors can affect company growth and stock performance.
  • Uncertainties in capital markets and broader economic factors may impact FreightCar America's ability to pursue disciplined shareholder value opportunities.

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