Eagle Railcar Services Names Barbara W. Wilson Chief Executive Officer

Eagle Railcar Services (“Eagle” or “the Company”), a leading provider of railcar repair and maintenance services operating 13 facilities across the United States, today announced the appointment of Barbara W. Wilson as Chief Executive Officer, effective May 18, 2026. Ms. Wilson has served on Eagle’s Board of Directors as Audit Committee Chair since 2025. Ms. Wilson succeeds Marc Walraven, who founded Eagle Railcar Services and built the Company into one of the largest independent railcar repair platforms in North America. Mr. Walraven will continue to serve on Eagle’s Board of Directors, providing continuity and strategic counsel as the Company enters its next phase of growth.

Ms. Wilson will be supported by a veteran operations leadership team comprising Ronnie Graves as Chief Operating Officer and Aubrey Lawrence as Chief Production Officer. Mr. Graves and Mr. Lawrence have been senior executives with the business prior to EQT’s acquisition in April 2025. Together, the team brings decades of combined experience across railcar maintenance operations, commercial strategy, and customer service.

“Eagle has built an outstanding reputation across its 13 facilities and a loyal customer base in a market with significant tailwinds and consolidation opportunities,” said Ms. Wilson. “I have the highest respect for what Marc and the team have built, and I look forward to continuing to work with him as a member of the Board. I am energized to partner with the management team, our employees, customers, and EQT. Our strategy is straightforward: deliver the highest-quality service in the market, build enduring partnerships with our customers, and expand Eagle’s platform to meet the evolving needs of the industry.”

“Building Eagle over the past 25 years has been the privilege of a lifetime,” said Marc Walraven, Founder of Eagle Railcar Services. “I am incredibly proud of what our team has accomplished and the reputation we’ve built with our customers. As we look to the future, I am confident Barbara and the team are the right leaders to take Eagle into its next phase of growth. Their industry experience, strategic vision, and familiarity with the business make them exceptionally well positioned to build on our strong foundation. I look forward to continuing to support Eagle as a member of the Board.”

About Barbara W. Wilson

Ms. Wilson brings more than three decades of senior leadership experience in the rail, transportation, and equipment leasing industries. She most recently served as President and Chief Executive Officer of RailUSA, LLC, a private equity-backed freight railroad company operating more than 650 miles of track across Mississippi and Florida, where she led the company’s operational and financial turnaround.

Previously, Ms. Wilson served as President of Wells Fargo Rail, the largest rail equipment operating lessor in North America, where she grew the platform from $2 billion to $8 billion in assets in three years through the acquisitions and integration of Helm Financial, Macquarie Rail, and GE Railcar. Ms. Wilson is a member of the Northwestern University Transportation Center Business Advisory Council and a longtime judge of Railway Age’s Women in Rail awards.

Ms. Wilson holds an MBA from Babson College and a Bachelor of Science in Business Administration from Boston College.

About Eagle Railcar Services

Founded in 2001 and headquartered in Eastland, Texas, Eagle Railcar Services is the largest privately owned provider of railcar repair and maintenance services in the United States. Eagle owns and operates 13 strategically located full-service facilities across seven states — each connected to Class I railroads serving major industrial corridors. The Company is a mission-critical partner to its customers, performing federally mandated inspections, M-1002/M-1003 tank car qualifications, and complex repairs that ensure the safe, efficient, and lower-emission transport of hazardous and nonhazardous materials by rail. Eagle serves a diversified base of shippers and lessors across the chemicals, agriculture, energy, and industrial manufacturing sectors, supported by approximately 1,500 employees and 24/7 mobile repair capabilities. Eagle is a portfolio company of EQT Infrastructure VI.

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