Raymond T. Schuler - Conrail

Conrail

In 1981, at the request of then President Ronald Reagan, Mr. Schuler joined the Board of Directors of the Consolidated Rail Corporation, which at the time was under government ownership. He was a leader in the effort to return the corporation to private ownership, playing an active role in the $1.8 billion initial public offering by Conrail on the New York Stock Exchange. He continued on the Conrail board until 1998, through the transition to a $10.5 billion merger into CSX and NS.