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Anschutz Takes Reins at Southern Pacific

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On the day he completed his acquisition of Southern Pacific Railroad, billionaire Philip Anschutz also became chairman of the railroad.

The historic Southern Pacific, combined with his Denver & Rio Grande Railroad, puts Anschutz at the head of the nation’s fifth-largest rail company in terms of miles of track--15,046.

Anschutz, who made his fortune in oil, gas and real estate, also established the office of the chairman to exercise chief executive authority of the company.

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In addition to Anschutz, the office of the chairman will include Vice Chairman W.J. Holtman, who will remain chairman and chief executive of Denver & Rio Grande, and R.F. Starzel, who also serves as a vice president and director of the Anschutz Corp.

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