Unlike shareholder activist hedge fund engagements, Soroban asks UNP Board to replace railroad CEO Lance Fritz with experienced operational leadership like Jim Vena to capitalize on a golden age of railroading growth.

Soroban Capital Partners LP is an investment firm that focuses on public and private companies in the Industrial Economy, Technology, Consumer, and Payments & Information Services sectors. The firm employs a concentrated, research-intensive and long-term investment approach. Soroban was founded in 2010 by Eric Mandelblatt, who serves as Managing Partner and Chief Investment Officer and leads all investment activity.