Leadership

RailRunner's President and CEO is Charles Foskett, an Arlington, MA resident who has over 30 years experience in founding and managing successful start-ups. As co-founder in 1970, and later for nine years as President of Digilab Inc, Mr. Foskett built and expanded this developer of analytic instrumentation into a worldwide business. In 1983 Mr. Foskett co-founded Natural MicroSystems, a telecommunications equipment company, which became a publicly listed NASDAQ company (NMSS) in 1995 with worldwide operations in over 12 countries.

Mr. Foskett, who holds a B.S. and an M.S. in Physics, also serves on the boards of private high-tech companies in the New England area and invests in and advises emerging businesses. Mr. Foskett has been an elected Town Meeting member in Arlington, MA for 25 years, and is chairman of Arlington's Capital Planning Committee and vice-chairman of its Finance Committee. Mr. Foskett has also served as President and on the Board of the Massachusetts Association of Town Finance Committees.

Mr. Graaff spent more than 25 years in the rail car, trailer, and container manufacturing industry in Germany before moving to the United States early 1998. He held over 30 patents throughout his career. Graaff GmbH grew from $80 million to over $250 million company while he served as successively, general manager and CEO. He was Vice President of Operations and Engineering for Trailmobile Trailer LLC of Northbrook, IL, and CEO of Contrail International, Inc. a consulting firm located in Chicago.

Mr. Renzella has more than 20 years of experience in financial and operational leadership positions. He was most recently Senior Vice President and Chief Financial Officer for Azure Dynamics Corporation, a publicly traded company located in Oak Park, Michigan. Azure is a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles. Prior to that, he was Chief Financial Officer and Vice President of Operations at Solectria Corporation, a privately held company in Woburn, Massachusetts. Solectria was a leader in the development and production of alternative energy components, systems and vehicles for various commercial markets. He holds an M.B.A. in Finance from Bentley College and a B.A. in Economics from Brandeis University.

Mr. Leslie has over 30 years of transportation experience in both sales and operations. Prior to joining RailRunner, Mr. Leslie served as Executive Vice President of Quality Distribution, the largest bulk transportation company in North American and was instrumental in their successful public offering in 2003. Mr. Leslie served as Vice President of Triple Crown Services, a leading provider of bi-modal transportation, before joining Quality Distribution. Mr. Leslie began his career with Roadway Express where he held numerous positions in both sales and operations.

Mr. DiLuigi has 30 years experience in engineering, manufacturing and operations management. He began his railcar career with Pullman Standard and has worked for Thrall Car and Trinity Industries. He is a graduate of Purdue University and a member of ASME. Mike is a private pilot and is currently building his own two place airplane.

Mr. Whiten has broad expertise in general management consulting and auditing functions for both large and small corporations, public and private. His early career focused on various revenue and financial analyst positions for a Foture 500 company. His last position prior to joining RailRunner was as an independent auditor for Waste Management, Inc.

Additionally, he has maintained a residential real estate career in both sales and consulting positions since 2000. He currently holds an active real estate license in the state of GA. Currently, he is completing his M.B.A. at Boston College.

Mr. Sibert's 25 years experience in the transportation industry ranges from serving as a Terminal Manager in Atlanta, GA, a manufacturing supervisor of military containers to his current position as Manager of Field Services. Mr. Sibert has been with RailRunner since its inception and supervised production of the first bogie prototype receiving AAR certification.