Indiana Rail Road executives Engle, Kaelin retire

Michael D. Engel. Indiana Rail Road

INDIANAPOLIS -- Michael D.

Engel and Larry F. Kaelin, who played key roles in the success of the Indiana Rail Road during their tenure as executives, have retired, the railroad has announced. Both men retired as of March 31.

Engel held the position of senior vice president and chief financial officer; Kaelin was vice president, business development. Engel joined the railroad in 1990 and held a variety of positions including customer service representative, controller, and chief administrative officer. He was promoted to senior vice president and chief financial officer in 2013 after serving as vice president, accounting.

Larry F.

Kaelin. Indiana Rail Road

Kaelin, who joined the company in 2003 as vice president, coal and energy marketing, was promoted to vice president, business development in 2021. He had more than 40 years of experience in the coal and energy industry.

"The lasting impact that both Mike and Larry have had on our company is immeasurable," Dewayne Swindall, Indiana Rail Road CEO, said in a press release. "Their leadership defined the excellence we try to measure up to every day.

We will certainly miss them but wish them many years of happiness in their retirement."