RMI Announces Retirement of President Mac Purdy

ATLANTA--(BUSINESS WIRE)--RMI, the largest independent provider of comprehensive rail information services to the transportation industry, reports that Mac Purdy, President of RMI, has announced his intent to retire at the end of the year. “We are happy for Mac and thankful for the many contributions he has made to RMI’s success. We will all miss him on both a personal and professional basis,” says Pete Kleifgen, CEO of RMI.

Mac Purdy joined RMI in August of 1989 and was soon named President, a position he has held for almost twenty years. His leadership was a key component in transforming RMI from a small niche provider of car accounting services and transportation software to the market leader in rail transportation systems and services. “Mac’s vision to transition RMI from a traditional software company to a Software-as-a-Service (SaaS) provider has been critical to our success. Because of this, we now have a great base upon which to build our future,” added Kleifgen.

Mr. Purdy has been working on his retirement transition for the past year to ensure a smooth changeover for RMI’s customers and employees. Kleifgen noted, “Mac’s thoughtfulness and assistance during this transition period is consistent with the important contributions he has made to RMI and his relationship with our employees and our customers during his career here.”

About RMI

RMI is the largest independent provider of accurate, reliable, comprehensive and secure rail information services to the transportation industry. Founded in 1979, RMI is recognized as the most successful Software as a Service (SaaS) provider in the industry with an in-depth knowledge of rail operations and a proven ability to translate complex business processes into valuable management information services. Currently, RMI processes approximately seven million carloads annually for railroads, rail shippers and railcar owners. RMI’s services are accessed via the Internet through RailConnect® (www.railconnect.com), a web-based portal to the company’s integrated suite of proprietary information services, which are used to manage rail operations, improve customer service and reduce costs. Services include transportation, revenue, equipment, shipper freight and fleet management services and related executive information systems. RMI is an independent, privately owned company based in Atlanta. For more information about RMI, visit www.railcarmgt.com.

About The Carlyle Group

The Carlyle Group is a global private equity firm with $81.1 billion under management committed to 60 funds. Carlyle invests in buyouts, venture & growth capital, real estate and leveraged finance in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. Since 1987, the firm has invested $43.0 billion of equity in 774 transactions for a total purchase price of $229.3 billion. The Carlyle Group employs more than 1,009 people in 21 countries. In the aggregate, Carlyle portfolio companies have more than $87 billion in revenue and employ more than 286,000 people around the world. www.carlyle.com