Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 30, 2020, Terence R. Rogers was appointed and agreed to serve as the
interim Chief Financial Officer of FreightCar America, Inc. (the "Company") for
a term of four months beginning on January 5, 2021. Until January 31, 2021, Mr.
Rogers will serve concurrently with Christopher Eppel, who, as previously
disclosed, will step down from his role as the Company's Vice President Finance,
Chief Financial Officer, Treasurer and Corporate Secretary effective January 31,
2021. Mr. Rogers will also serve as the Company's principal accounting officer.
Mr. Rogers, age 61, most recently served as Executive Vice President and Chief
Financial Officer of Roadrunner Transportation Systems from May 2017 to August
2019. Prior to that, Mr. Rogers was Executive Vice President and Chief Financial
Officer at The Heico Companies LLC from April 2012 to February 2017. Earlier in
his career, Mr. Rogers worked for Ryerson in various financial and accounting
positions, culminating in a five-year stint as Executive Vice President and
Chief Financial Officer. Mr. Rogers earned an MBA from Stephen M. Ross School of
Business at the University of Michigan in 1987 and a BS in Accounting from
Illinois State University in 1982. He is a Certified Public Accountant.
In connection with Mr. Rogers's appointment as interim Chief Financial Officer,
the Company entered into an agreement with Mr. Rogers and Rogers Luecke
Advisory, LLC whereby it agreed to pay Rogers Luecke Advisory, LLC, which
employs Mr. Rogers, a monthly fee of $40,000.00 (prorated for partial months and
as appropriate for any time off taken) for the four-month term of the agreement
(the "Rogers Agreement"). The foregoing summary of the Rogers Agreement is
qualified in its entirety by reference to its full text, a copy of which will be
filed as an exhibit to the Company's Annual Report on Form 10-K for the year
2020.
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FREIGHTCAR AMERICA, INC. 
