William Krueger
succeeds Alejandro Centurion as Greenbrier Manufacturing Operations
(GMO) President
Centurion will continue to support
international operations as Senior Advisor
LAKE
OSWEGO, Ore., Sept. 1,
2022 /PRNewswire/ -- The Greenbrier Companies, Inc.
(NYSE: GBX) announced that the Chief Operating Officer for its
Manufacturing business, William (Bill)
Krueger, has been appointed to President of Greenbrier
Manufacturing Operations, effective today. In this role, Krueger
will be responsible for all new railcar manufacturing operations in
the U.S., Mexico, Brazil, Poland, Romania and Turkey, as well as global design, engineering,
sourcing, logistics and quality. He will report to Lorie Tekorius, President and CEO.
Greenbrier previously announced
that Alejandro Centurion, its Executive Vice President and
President of Greenbrier Manufacturing Operations, would retire from
those roles effective August 31,
2022. Centurion will continue as Chair of Greenbrier
Europe's Supervisory Board. In this role, he maintains primary
supervision of Greenbrier Europe's manufacturing operations. He
also remains a Senior Advisor to Tekorius and Krueger until
September 2023, completing 18 years
of service to Greenbrier.
"Alejandro has been a key contributor to Greenbrier's growth over the last two decades.
When he joined in 2005, Greenbrier's manufacturing revenue was
$844 million based on a few railcar
types and has grown to more than $2
billion today, as we build almost every
commercially-available railcar design. We've added facilities in
Arkansas, Missouri, Texas, Mexico, Romania and Brazil during Alejandro's tenure. Finally, our
manufacturing employee base has increased from 3,533 in 2006 to
approximately 16,000 people today. On behalf of Greenbrier's management team and Board of
Directors, I thank Alejandro for his many years of dedicated
service," said Lorie Tekorius,
President and CEO.
Tekorius added, "I am pleased that Bill has accepted this
position adding to his responsibilities within our senior
management team. He brings vast experience to this position and has
displayed ingenuity, compassion and leadership over his two years
at Greenbrier. He is well-suited
to succeed Alejandro and continue enhancing our manufacturing
operations. We look forward to Bill's additional contributions as
President of GMO."
"Bill's appointment as President of GMO advances Greenbrier's strategic objectives. Our actions
today demonstrate a strong succession plan which strengthens our
North American and international operations. I look forward to
working together with Lorie and Bill on special projects,
especially those impacting our European operations," said Alejandro
Centurion, EVP and President, GMO.
Before Krueger joined Greenbrier in 2020, he served as Chairman of
JATCO Americas and EVP JATCO Global, a manufacturer of automatic
transmissions. Prior to JATCO, Krueger held various senior
management positions at major automotive manufacturers, including
Toyota and Nissan. He began his career at General Motors in 1985.
He holds a bachelor's degree in electrical engineering from
Marquette University and two master's
degrees in engineering management and business from Northwestern
University.
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 421,000 railcars and offers
railcar management, regulatory compliance services and leasing
services to railroads and other railcars owners in North America. GBX Leasing (GBXL) 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 11,800 railcars. Learn more about Greenbrier at www.gbrx.com.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: This press release may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Greenbrier
uses words such as "will", "is", "forward", "demonstrate", and
similar expressions to identify forward-looking statements. These
forward-looking statements are not guarantees of future performance
and are subject to certain risks and uncertainties that could cause
actual results to differ materially from the results contemplated
by the forward-looking statements. Factors that might cause such a
difference include, but are not limited to, the following: negative
impacts on our business from COVID-19, variants thereof,
governmental reaction thereto, and related economic disruptions
(including, among other factors, our inability to operate our
manufacturing facilities and other worksites, supply disruptions,
inflation, and increases in interest rates); impacts from
international conflicts or other geopolitical events; risks related
to changes in international laws or enforcement actions by
international regulators; equipment failures or technological
failures; our ability to attract, retain and motivate senior
management and other key employees. More information on potential
factors that could cause our results to differ from our
forward-looking statements is included in the Company's filings
with the SEC, including in the "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations" sections of the Company's most recently filed periodic
report on Form 10-K and subsequent reports on 10-Q. Except as
otherwise required by law, the Company assumes no obligation to
update any forward-looking statements or information, which speak
as of their respective dates. Readers are cautioned not to place
undue reliance on these forward-looking statements, which reflect
management's opinions only as of the date hereof.
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SOURCE The Greenbrier Companies, Inc.