Schaefer Equipment Inc has announced a new executive management team. David J. Kostolansky is the chairman of the Warren, OH, organization, as well as chief executive officer. Barry L. Anderson is now president and chief operating officer of the company.
In addition, Richard J. Barnhart is now vice president of operations, and Philip D. Oswald is the firm's vice president of marketing and sales.
Schaefer Equipment manufactures forged foundation brake components for railroad freight cars.