#United States #Roanoke #Auxo Investment #Genesis Rail #Rance Randle

Genesis Rail Company Appoints Rance Randle as CEO

In a strategic move aimed at bolstering its market position and operational effectiveness, Genesis Rail Company, a member of the Auxo Investment Partners family, has announced the appointment of Rance Randle as its Chief Executive Officer. Rance brings over two decades of extensive experience in railroad operations, logistics, and intermodal transportation, promising to be a pivotal figure in driving Genesis’ future aspirations.

A Proven Leader in the Rail Industry

Rance Randle's distinguished career includes significant roles at prominent industry players such as BNSF Railway, CN, and Cathcart Rail. His leadership philosophy—rooted in principles of servant leadership, talent mentoring, and an unwavering focus on continuous improvement—positions him as an innovative change agent within the railroad sector.

Jeff Helminski, General Partner at Auxo Investment Partners, expressed excitement about Rance joining Genesis Rail Services, stating, "His expertise in driving operational excellence and inspiring high-performing teams will be invaluable as we strive to deliver exceptional service to our customers while adapting to the evolving demands of the rail industry."

Rance's achievements in previous leadership roles highlight his capability to improve operational safety, generate revenue growth, and innovate process enhancements. His vision aligns seamlessly with the company's commitment to optimizing efficiencies and elevating customer satisfaction.

Commitment to Excellence

Rance expressed enthusiasm about his new role, saying, "I am excited to join the Genesis Rail Services team and contribute to its mission of delivering best-in-class solutions in the rail industry. I look forward to leveraging my experience and the talented team at Genesis to drive innovation, strengthen partnerships, and support the incredible team at Genesis as we help the rail industry realize its tremendous potential." His commitment to data-driven decision-making and problem-solving has consistently led organizations to exceed expectations, underscoring Genesis Rail's dedication to attracting top talent capable of fulfilling its ambitious goals.

Auxo Investment Partners’ Philosophy

Auxo Investment Partners derives its name from the ancient Greek goddess of growth, symbolizing the firm’s mission to partner with companies meeting specific investment criteria. They focus on North America-based firms in manufacturing, industrial, value-added distribution, or business services, specifically those with an EBITDA range of $2-$20 million. The firm typically engages in majority-control investments, while also considering select minority-partner opportunities, particularly for owner-operators seeking retirement or family succession solutions.

About Auxo Investment Partners

Based in Grand Rapids, Michigan, Auxo Investment Partners is a private investment firm that partners with owners and management teams during significant transition points. The firm’s flexible capital model allows for long-term decision-making without artificial deadlines, thus fostering growth-oriented strategies that benefit family businesses facing generational transitions.

Auxo's unique approach aims to align the interests of firms, their employees, and the communities they serve, ensuring optimal outcomes for everyone involved. The fundamental goal is partnership rather than mere investment, which reflects their commitment to driving collective success. For more information, visit auxopartners.com.

Conclusion

With Rance Randle at the helm, Genesis Rail Company is poised to navigate the evolving landscape of the rail industry efficiently, aiming for operational excellence and enhanced customer satisfaction. His leadership is expected to significantly impact the company's growth trajectory as it embraces challenges and opportunities in the market.