The Washington Companies announced today that Joe Racicot, who has been Montana Rail Link (“MRL”) Vice President of Administration & General Counsel since 2015, has been named President, effective immediately. Mr. Racicot succeeds Derek Ollmann, who was just named President of Seaspan Marine Transportation.
“While it saddens me to be leaving the MRL family, I am confident that MRL will continue to provide world-class customer service while maintaining its focus on safety,” said Derek Ollmann, “After working with Joe these last few years, I know he’s ready for the challenge of leading MRL through its next phase.”
“Joe has the right experience and skills to navigate MRL’s team as it enters a crucial time for the company,” said Washington Companies President and CEO Mark Lamarre.
Mr. Racicot added, “I am excited for the opportunity to lead MRL while we continue to provide safe and reliable service to our customers. It has been a tremendous privilege to be a part of such a talented team of employees.”
About Joe Racicot:
In 2015, Joe was appointed General Counsel at MRL and was ultimately promoted to Vice President of Administration and General Counsel in 2019. Prior to joining MRL, Joe was Associate Counsel for Washington Corporations starting in 2007. Joe served as the Confidential Assistant to both the Deputy Administrator for Nuclear Nonproliferation and Deputy Under Secretary for Counterterrorism, for the National Nuclear Security Administration of the U.S. Department of Energy. Joe holds a Bachelor of Arts in History from Carroll College, along with a Juris Doctorate from the University of Notre Dame Law School.
About The Washington Companies:
The Washington Companies are a group of privately held companies headquartered throughout the United States and western Canada and conducting business internationally. Holdings include Montana Resources, Montana Rail Link, Seaspan Marine Transportation and Shipyards, Southern Railway, Modern Machinery, and Envirocon, with annual revenues in excess of $2 billion. Our customer focus to reliably deliver commodities, ships, transportation, service, equipment, and technology, as the safe, low-cost operator earns us the reputation as a desired counterparty.
With over a half century of experience in our focus industries, the Washington Companies have established a reputation on fulfilling their founding principles of integrity, performance, passion and vision. As part of giving back within our local communities, the Dennis and Phyllis Washington Foundation gives a boost to local charities in the communities where our employees live and work, and also supports several prestigious national programs aligned with its core giving categories.