Pierre-Luc Mathieu Named President of OmniTRAX Energy Solutions

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OmniTRAX, Inc., one of the largest privately held transportation service companies in North America and an affiliate of The Broe Group, announces Pierre-Luc Mathieu will lead OmniTRAX Energy Solutions (OES) as president effective immediately. OES comprises the company’s unique offerings to the proppant supply chain, including terminals in several basins, transload operations and Arrows UP, LLC a containerized proppant delivery and storage solution provider.

“Pierre is the perfect executive to oversee the OES team and deliver strong growth to the OmniTRAX organization. His experience and expertise will help allocate the right resources to capitalize on the strength of our assets. We’re looking forward to seeing great things from Pierre and OES,” said Kevin Shuba, CEO of OmniTRAX.

Reporting directly to Mathieu are John Allegretti, CEO of Arrows Up; Justin Renfro, Senior Vice President of Business Development for OES and James Samuelsen, Director of Corporate Development for OES. The full OES team will grow to more than 200 members by the end of 2017.

“There are significant opportunities in the energy market right now, especially in the supply chain and logistics area where every stakeholder is looking to increase productivity and lower costs. OES will help customers improve performance by providing comprehensive solutions to move proppant and other materials from the mines to the well heads in the most efficient way possible,” said Mathieu.

Mathieu, who previously served as Chief Strategy Officer for OmniTRAX with responsibility for strategy development, service expansion, new market entry and corporate development, will continue to report to Shuba.

Prior to OmniTRAX, Mathieu spent nine years in various executive roles at Brambles Limited and held several strategy and manufacturing roles with Le Groupe Michelin in Canada and the US. He received an MBA from INSEAD in France and a BS in Engineering from Ecole Polytechnique in Montreal.

About OmniTRAX, Inc.

As one of North America’s largest private railroad and transportation management companies, OmniTRAX's core capabilities range from providing management services to railroad and port services and to intermodal and industrial switching operations. Through its affiliation with The Broe Group and its portfolio of managed companies, OmniTRAX also has the unique capability of offering specialized industrial development and real estate solutions, both on and off the rail network managed by OmniTRAX. More information is available at www.omnitrax.com.

About The Broe Group

The Broe Group, based in Denver, Colorado, is a diversified privately-owned enterprise with a multi-billion dollar asset base. The Broe Group and its affiliates employ more than 1,000 people directly and provide employment for countless others through its Great Western Industrial Park in Northern Colorado. The Broe Group and its affiliates own and/or manage commercial real estate and other businesses across North America. Its transportation affiliate, OmniTRAX, Inc., is a leading transportation services firm with railroad, port and terminal operations, and is the 2nd largest operator of short-line railroads in the U.S. Its energy affiliate, Great Western Oil & Gas Company, is a top 10 driller in Colorado and among the top 100 drillers in the U.S. The Broe Group has multiple other investment affiliates, including Three Leaf Ventures, which is focused on innovative healthcare technology start-ups. For more information, see www.broe.com.

More news and information about OmniTRAX, Inc.

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Business Wire: 17:25 GMT Wednesday 13th September 2017

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