November 18, 2014
BANGOR, Maine--Central Maine & Québec Railway (www.cmqrailway.com) has appointed Harold Tynes as chief financial officer, effective November 10. He succeeds Sachi Mishra.
Based at the Hermon, Maine headquarters of the 481-mile regional railroad, Mr. Tynes has more than 30 years of management and financial leadership experience with a range of firms including the Blackstone Group, the Riverside Company, AEA Investors and Fortress Investments.
He was vice president and controller and later VP financial services and treasurer at RailAmerica from 2007 through 2011 and president of RailAmerica’s Atlas Railroad Construction affiliate from 2011 to 2013. He also served as corporate controller at Great Lakes Transportation from 2002-2004.
Central Maine & Quebec Chief Executive Officer John Giles said, “Harold and I have worked together previously and we’re counting on his extensive knowledge and experience to help make the CM&Q profitable, efficient and safe.” Giles also thanked Sachi Mishra, Mr. Tynes’ predecessor. “Sachi’s help was invaluable getting the CM&Q off to a solid start. We wish him all the best as he continues his career elsewhere.”
Mr. Tynes’ early career included eight years with General Electric, starting with GE Appliances, Louisville, Kentucky, in 1991 and advancing to finance manager at GE Capital, Stamford, Connecticut.
Most recently, Mr. Tynes was chief financial officer at Swanson Industries, Inc., Morgantown, West Virginia.
He earned an MBA from Mercer University and a BS in finance from Troy University.
Central Maine & Quebec Railway, a subsidiary of Fortress Investment Group, LLC, began operations on May 15, 2014 after acquiring nearly 500 route miles of track in Quebec, Maine and Vermont from the Montreal, Maine & Atlantic Railway. CM&Q connects with the Atlantic via Searsport, Maine and provides the most direct route between Montreal and Saint John, New Brunswick. Most routes were originally owned by the Bangor and Aroostook and Canadian Pacific railways.