News Business Sports Entertainment Life Obituaries Opinion
Jobs Homes Cars Classifieds Shopping
Local Bloggers Cheap Tech Eco-Confessions Faceoff Furst Draft Heard on the Street Med City Movie Guy Pulse on Health Political Party

Search PB Blogs

Loading

Categories

« Physical therapy office opening soon | Main | Broadway Taco Bell closed for demo, re-building »

October 08, 2008

Schieffer chugs away from DM&E

So would this be called a Golden Caboose?
340x

The top executive and architect of the pending expansion of the Dakota Minnesota & Eastern Railroad has left the company, leaving management to its new owner.

Kevin Schieffer no longer is with DM&E, the Canadian Pacific Railway announced late Tuesday. Schieffer broke with the railroad “to pursue other opportunities,” about 31⁄2 weeks before CP will acquire the smaller railroad, based in Sioux Falls, S.D.

Formal approval from the U.S. Surface Transportation Board for Canadian Pacific’s purchase of control of DM&E came on Sept. 30. The actual acquisition occurs on Oct. 30.

“We view it (Schieffer’s departure) as appropriate, given our experience in the past,” said Chris Gade, a spokesman for Mayo Clinic and for the Rochester Coalition, which has battled with Schieffer for years over DM&E’s plans in the Rochester area.

Representatives from Mayo and the coalition have spoken with Canadian Pacific officials. “We look forward and continue to have dialogue with the Canadian Pacific,” Gade said.

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451cc8269e20105356d1fca970c

Listed below are links to weblogs that reference Schieffer chugs away from DM&E:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Good riddance.

He was hinting just before the merger approval that he might not stick around if it went through. "Pursuing other opportunities" is usually code for "we didn't get along and we fired him/he quit", I have another theory. It's likely, since Schieffer was hired by DM&E purely for his political connections and not his railroad acumen, that now that big dog CP is running the show, Schieffer's political pull is no longer needed. Depending upon how November goes, I wouldn't be surprised to see him back in the South Dakota political arena. Who wants to guess which position John Thune or Mike Rounds might appoint him to?

The comments to this entry are closed.