Greenbrier appoints Patrick Ottensmeyer to its Board as Independent Director

– USA, OR –  The Greenbrier Companies, Inc. (NYSE: GBX) today announced the election of Patrick Ottensmeyer to its Board as an Independent Director, increasing the Board to 11 members, of whom nine are independent.

About Patrick J. Ottensmeyer

Patrick Ottensmeyer served as President and CEO of Kansas City Southern, a Class I railroad, from 2015 to 2023, until the completion of the merger creating Canadian Pacific Kansas City in 2023. From 2008 to 2015, he was Executive Vice President of Sales and Marketing at KCS. Earlier, from 2006 to 2008, he was Executive Vice President and CFO at the railroad.

Ottensmeyer is the U.S. Chairman of the U.S. Chamber of Commerce’s U.S.-Mexico Economic Council. In this role, he presides over the U.S.-Mexico CEO Dialogue, which occurs twice annually. He oversees the Council’s extensive agenda of engagement with public- and private-sector leaders in the US and Mexico to strengthen bilateral commercial ties. As leader of the U.S.-Mexico CEO Dialogue, Ottensmeyer was instrumental in representing business interests during the formation of the United States-Mexico-Canada Agreement from 2017-2020.

Ottensmeyer is the Co-Chair of the Brookings Institute USMCA Initiative, a group focused on building more integrated and resilient supply chains. He serves as Chair of the Truman Library Institute, the member-supported, nonprofit partner of the President Harry S. Truman Library & Museum.

In 2023, Ottensmeyer received the NARS Edward R. Hamberger Lifetime Achievement Award, and in 2022, he was the recipient of Ingram’s Executive of the Year Award. Also, in 2022, he and Keith Creel won Railway Age’s Co-Railroaders of the Year Award in connection with the CP and KCS merger. He received the Railway Age Railroader of the Year recognition for the first time in 2020, and in 2019, he was the recipient of Progressive Railroading’s Railroad Innovator Award.

About Greenbrier

Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Greenbrier designs builds, and markets freight railcars in North America, Europe, and Brazil through wholly-owned subsidiaries and joint ventures. 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 owns a lease fleet of 12,300 railcars that originate primarily from Greenbrier’s manufacturing operations. As of March 31, 2023, Greenbrier manages 438,000 railcars and offers railcar management, regulatory compliance services, and leasing services to railroads and other North American railcar owners.

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

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