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 companies in the Industrial Economy, Technology, Consumer, and Business Services sectors. The firm employs a concentrated, research-intensive and long-term investment approach across two strategies (long/short & long only equity). Soroban was founded in 2010 by Eric Mandelblatt, who serves as Managing Partner and Chief Investment Officer and leads all investment activity.