Landon H. Rowland
American railroad executive1
Landon Hill Rowland (May 20, 1937 – December 28, 2015) was the fifteenth president of Kansas City Southern Railway and a Kansas City philanthropist.2
From Wikipedia’s article on Landon H. Rowland (this version), CC BY-SA 4.0.
Born 1937, died Dec 28, 2015.1
About
As a child, his family moved to Portsmouth, Virginia, during World War II, then to Wilmington, Delaware, when he was 13, after his father died. He started working after school around this time, which would impact his life in two important ways: he was exposed to the asbestos that ultimately would cause his death from cancer, but his family's struggles also gave him the drive to succeed and to be able to take care of others.
Rowland graduated from Dartmouth College with a degree in English Literature, then from Harvard Law School with a JD in 1962. He married the former Sarah Fidler in 1959, and they had three children survive infancy: Liza, Matthew, and Joshua.
Rowland died on December 28, 2015, aged 78.
From Wikipedia’s article on Landon H. Rowland, shared under CC BY-SA 4.0.2
Companies
- Kansas City SouthernChief executive officer7
Early life and education
- Date not recordedHarvard Law School3
Career
- Date not recordedChief executive, Kansas City Southern4
Rowland joined Watson Ess Marshall and Engass upon graduation, leaving in 1980 to join Kansas City Southern Industries (KCSI). He was promoted to President and COO of KCSI in 1983, then served as CEO starting in 1987, retiring as Chairman in 2004. To help the railroad maintain its independence, he was part of the push to diversify the company into the less capital-intensive fields of finance— including the acquisition of Janus in 1984—and technology—with the establishment of DST as a division to automate mutual fund record keeping. These entities became so successful that between 1995 and 2003, Rowland oversaw splitting KCSI into three public companies: Kansas City Southern (railroad), Janus Capital Group (mutual fund), and DST Systems (financial technology).
Rowland continued to build the KCS railway, acquiring four railways and pursuing the acquisition of Mexican railways starting in the early 1990s (before NAFTA in 1994). Despite Mexican government churn, Rowland pushed to maintain involvement, finally culminating in KCS's acquisition of the "premier rail line in Mexico" in 2005. His CEO predecessor, Irvine Hockaday Jr., later noted that "[Rowland] and the leadership of the railroad subsidiary solidified the future of that railroad by its extension into Mexico, which in turn stabilized the future of Kansas City Southern to the benefit of the city."
In 2005, after his retirement from KCS, Rowland and his wife Sarah purchased a small Garden City, Missouri, bank, which later became Lead Bank. As of 2019, Sarah Rowland served as Lead Bank's Board Chairman, while their son, Joshua C. Rowland, served as CEO and Vice Chairman.
At the time of his death, Rowland was serving as Director and Chairman Emeritus of Janus Capital Group. Rowland was also a Trustee of CED (Committee of Economic Development) where he was given a CED 2011 Distinguished Performance Award. Rowland was a panel presenter in a CED forum called "Hidden Money: The Need for Transparency in Political Finance".
From Wikipedia’s article on Landon H. Rowland (this version), CC BY-SA 4.0.
Personal life
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataLandon H. Rowland on Wikidata
- 2WikipediaLandon H. Rowland on Wikipedia
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