Hedge fund wants to replace Union Pacific CEO

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Hedge fund wants to replace Union Pacific CEO
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Hedge fund Soroban Capital Partners is pushing Union Pacific Corp. to replace Chief Executive Lance Fritz, arguing the railroad has underperformed on his...

Hedge fund Soroban Capital Partners is pushing Union Pacific Corp. to replace Chief Executive Lance Fritz, arguing the railroad has underperformed on his watch, according to a letter the fund sent the railroad operator’s board Sunday.

Soroban... Hedge fund Soroban Capital Partners is pushing Union Pacific Corp. to replace Chief Executive Lance Fritz, arguing the railroad has underperformed on his watch, according to a letter the fund sent the railroad operator’s board Sunday.

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