Iowa Interstate Railroad Announces Leadership Transition

The Iowa Interstate Railroad today announced the promotion of Joseph ”Joe” Parsons to the newly-created position of General Manager, concurrent with the retirement of Jerome P. “Jerry” Lipka from the position of President.

IAIS Chairman Henry Posner III commented, “The Board has been focused, second only to Safety, on the creation of an environment conducive to the evolution of a Next Generation of leadership. With the promotion of Joe Parsons to General Manager, this completes a succession plan that has been underway for some time and reflects the emerging leadership role that he has held within the company”.

Joe Parsons joined Iowa Interstate in September of 2013 as Chief Operating Officer. Prior to joining the Iowa Interstate, he had 10 years of railroad management experience at both Class I and short line railroads. He holds a Bachelor’s degree from West Virginia Wesleyan College and a Master’s degree in Business Administration from the University of Iowa.

Posner added, “At the same time, Jerry closes out a distinguished railway career spanning 27 years, including 10 years at Iowa Interstate, the last 6 of which he has served as President. Jerry’s leadership has brought unprecedented levels of stability, safety, investment and growth, and he leaves the company well-positioned for the Next Generation.”

Mr. Parsons commented, “I look forward to the future here at Iowa Interstate and am committed to maintaining Jerry’s legacy- the promotion of safety for IAIS’ employees as well as the general public, and great service to our customers.”

Contact: Bobbi Allen, Director of H.R.
Telephone: (319) 298 5402