Business
Appointment of Director
Cordel Group PLC announced the immediate appointment of Jeffrey Songer to its Board as a Non-executive Director, bringing over 30 years of US rail industry experience, including leadership in the $31 billion Kansas City Southern Railway acquisition. Songer, who has served on Cordel's advisory board since 2024, holds 300,000 share options with an exercise price of £0.073, vesting on April 11, 2028. His expertise in operations, engineering, finance, and Positive Train Control systems is expected to significantly enhance Cordel's operational and strategic planning within the global rail industry. Disclaimer*
About this update from Cordel Group Plc
[{"type":"text","content":"\n\n6 January 2026\nCordel Group PLC\n(\"Cordel\" or the \"Company\" or the \"Group\")\n \nAppointment of Director\n \nCordel Group PLC (AIM: CRDL), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce the appointment of Mr Jeffrey Songer to the Board as a Non-executive Director, with immediate effect.\n \nMr Songer is an established senior USA rail industry executive with over 30 years of experience in operations, engineering and finance. Most recently, he led the merger and integration activities for the Kansas City Southern Railway, acquired by the Canadian Pacific Railway for $31 billion in April 2023.\n \nIan Buddery, Chairman, Cordel, said: \"We are delighted to welcome Jeff to the main board, after serving on our advisory board since 2024. His extensive USA rail experience will add significant value to our operational and strategic planning. His wide expertise includes the implementation and operation of Positive Train Control systems and the procurement processes of major US railroads. He will help us to further raise our profile and connect to leaders in the global rail industry.\"\n \nThe disclosures required by Schedule 2(g) of the AIM Rules for Companies in respect of Jeffrey Songer are set out in the Appendix to this announcement.\n \n \nEnquiries:\n \n\n\n\n\nCordel Group PLC\n\n\nc/o Cavendish\n\n\n\n\nIan Buddery, Chairman\nJohn Davis, Chief Executive Officer\n\n\n\n\n\n\n\n \nCavendish Capital Markets Limited, Broker\n\n\n \n+44 (0)20 7908 6000\n\n\n\n\nMarc Milmo\nSunila de Silva (Corporate Broking)\n \nStrand Hanson Limited, Nominated Adviser\nRichard Johnson / James Bellman\n\n\n \n \n \n \n+44 (0)20 7409 3494\n \n\n\n\n\n \nAbout Cordel\nCordel produces specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.\nFurther information on the Company is available at: www.cordel.ai\n\n\n \nAppendix\nFull Name: Jeffery Mark Songer\nAge: 56\n\n\n\n\nCurrent Directorships/Partnerships\n\n\nPast Directorships/Partnerships within last 5 years\n\n\n\n\nSonger Rail Consulting, LLC\n\n\nPanama Canal Railway\n\n\n\n\nThe Greenbrier Companies, Inc.\n\n\n...