People News: Mitsui Rail Capital Adds Director; MERMEC, VPs

Written by Marybeth Luczak, Executive Editor
Jeff Rasmussen, Director of Sales and Marketing, Mitsui Rail Capital, LLC (MRC) (left); Fred Ange, Vice President, Chief Financial Officer and Chief Compliance Officer, MERMEC, Inc. (center); Soheil Saadat, Vice President of Business Development and Sales, MERMEC, Inc.

Jeff Rasmussen, Director of Sales and Marketing, Mitsui Rail Capital, LLC (MRC) (left); Fred Ange, Vice President, Chief Financial Officer and Chief Compliance Officer, MERMEC, Inc. (center); Soheil Saadat, Vice President of Business Development and Sales, MERMEC, Inc.

Mitsui Rail Capital, LLC (MRC) has hired Jeff Rasmussen as Director of Sales and Marketing; MERMEC, Inc. has appointed Fred Ange to Vice President, Chief Financial Officer and Chief Compliance Officer, and Soheil Saadat to Vice President of Business Development and Sales.

At railcar leasing company MRC, Rasmussen’s sales and marketing efforts will focus on territories in the Upper Midwest, Pacific Northwest and Western Canada. He has 30 years of rail experience, including 20 in leasing. Rasmussen served most recently as Vice President of Railcar Leasing for CAI Rail, a subsidiary of global transportation company CAI International, where he helped increase assets from $90 million to $500 million in less than five years and worked in a territory covering 17 states and half of Canada. He has also worked for Professional Logistics Group, AllCapital Rail Management, CIT Group, Flex Leasing Corp., and Conrail.

Ange becomes Vice President, CFO and Chief Compliance Officer of MERMEC, Inc., a wholly owned subsidiary of MerMec S.p.A. and an Angel Group company, which provides analytic-driven maintenance solutions, contracted services for rail infrastructure monitoring, and rail signaling and train control systems. This follows his work as Vice President Finance and Control at EMS-Chemie North America. Ange has also served as Controller at Mancor SC Inc., a Tier 1 supplier to Caterpillar and John Deere corporations; and Director of Finance for Whaley Foodservice LLC.

As MERMEC’s new Vice President of Business Development and Sales, Saadat will be responsible for defining and executing strategic business development initiatives, while developing new business opportunities and creating customized solutions for the company’s existing and future customer needs. He served previously as Manager of the Digital Products, Measuring & Inspection Solutions Business Unit for Plasser American Corp. In addition, he has held the positions of Head of Digital Products and Measuring Solutions for Plasser & Theurer Export von Bahnbaumaschinen G.m.b.H.; Director of Track Measuring Systems for ENSCO, Inc.; and Project Manager for CTLGroup; among others.

Categories: C&S, Finance/Leasing, Freight, M/W, Mechanical, News, Passenger Tags: , , , ,