– USA, OR – The Greenbrier Companies, Inc. (NYSE: GBX) today announced the election of its President and CEO, Lorie Tekorius to its Board of Directors, increasing the Board from 10 to 11 members.
In addition to Greenbrier, Tekorius has served as an independent director on the Board of Directors of Alamo Group Inc. since 2019.
“Lorie is well-qualified to join the Board. She possesses a deep understanding of the Company and a steady commitment to its shareholders. Through her work with Alamo Group, Lorie brings direct public company board experience to this position. I thank Lorie for her longstanding commitment to Greenbrier, and I join the rest of our Directors in welcoming her to the Board,” said Executive Chair, Bill Furman.
“I am pleased to welcome Lorie to the Greenbrier Board. Throughout her career, she has created substantial value for the Company. The Board expects her contributions will further benefit Greenbrier and our shareholders as we continue to grow our operations, drive profitability and enhance shareholder value,” said Lead Director, Admiral Tom Fargo.
“It’s an honor to join Greenbrier’s Board of Directors and support the Company in this new capacity,” said Lorie Tekorius. “Alongside my Board colleagues, I look forward to collectively creating positive results for Greenbrier’s shareholders, customers, employees, and all stakeholders.”
About Greenbrier
Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe, and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance, and retrofitting services in North America through our rail services business unit. Greenbrier manages 443,000 railcars and offers railcar management, regulatory compliance services, and leasing services to railroads and other railcars owners in North America. GBX Leasing is a special purpose subsidiary that owns and manages a portfolio of leased railcars that originate primarily from Greenbrier’s manufacturing operations. GBXL and Greenbrier own a lease fleet of 12,900 railcars.
For more information: https://www.gbrx.com/
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