William N. Deramus III

From Wikipedia, the free encyclopedia
Jump to: navigation, search
William Neal Deramus III
Born (1915-12-10)December 10, 1915
Pittsburg, Kansas
Died November 15, 1989(1989-11-15) (aged 73)
Kansas City, Missouri
Alma mater University of Michigan

William Neal Deramus III (December 10, 1915 – November 15, 1989) was an American railroad executive; he led the Chicago Great Western Railway (CGW), the Missouri-Kansas-Texas Railroad, and the Kansas City Southern Railway (KCS) through periods of great change in the railroad industry.

Deramus graduated from the University of Michigan in 1936 and received his law degree from Harvard University in 1939, and upon graduation entered the railroading industry with the Wabash Railway as a minor executive. During World War II he used his railroading background and skills to help run the Ledo Road, and upon his return, found work as an executive with the Kansas City Southern, which at the time was run by his father, William N. Deramus, Jr..

He was the youngest person ever to be elected to the presidency of a Class I railroad in 1949 when he took the helm of the Chicago Great Western. In that year he also served on the Board of Directors for the second and final year of the Chicago Railroad Fair.[1] His tenure at the CGW was marked by increased modernization of the physical plant of the railroad and cost cutting. He left the CGW for a three-year stint as president of the Missouri-Kansas-Texas in 1957, then took over for his father as president of the KCS.[2]

Notes[edit]

  1. ^ Chicago Railroad Fair Official Guide Book (1949).
  2. ^ New York Times November 18, 1989.
Preceded by
Grant Stauffer
President of Chicago Great Western Railway
1949 – 1957
Succeeded by
Edward T. Reidy
Preceded by
Donald V. Fraser
President of Missouri-Kansas-Texas Railroad
1957 – 1961
Succeeded by
Charles T. Williams
Preceded by
William N. Deramus, Jr.
President of Kansas City Southern Railway
1961 – 1973
Succeeded by
Thomas S. Carter