GATX appoints Jim Ream as Independent Chair of the Board of Directors

– USA, IL –  GATX Corporation (NYSE: GATX) today announced the appointment of current Independent Lead Director Jim Ream as Independent Chair of its Board of Directors, effective immediately, succeeding Brian Kenney who retired from the Board.

“Jim’s long history of leadership at various public companies, combined with over 40 years of experience in the transportation industry, makes him an ideal choice to serve as chair,” said CEO, Robert Lyons. “I look forward to continue partnering with Jim and the board to execute on our strategy to drive attractive long-term returns for our stakeholders.”

About James B. Ream

Jim Ream brings significant industry, strategic, financial, and operational expertise to this position. He most recently served as SVP, of operations and SVP, of maintenance and engineering at American Airlines. Previously, Mr. Ream served as president and CEO of ExpressJet Holdings, Inc., an operator of regional jets in North America. He also held leadership roles at Continental Airlines and Evergreen International Aviation.

“I am honored to serve as chair of the GATX board,” said Jim Ream. “On behalf of my fellow board members, I would like to thank Brian for his invaluable contributions and partnership over the years. Looking forward, I am excited to work with the board to support GATX in its next growth phase.”

About GATX Corporation

At GATX Corporation, we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines, and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chicago, Illinois since its founding in 1898, GATX has paid a quarterly dividend, uninterrupted, since 1919.

For more information: https://www.gatx.com/

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