GATX Rail Europe (GRE) today announced that Mr. Johannes Mansbart, Chief Executive Officer (CEO) of GATX Rail Europe will leave the company effective January 1, 2019. Mr. Johann Feindert, currently Chief Operating Officer (COO) of GATX Rail Europe will assume the CEO role subsequent to Mr. Mansbart’s departure.

N. Gokce Tezel, President of Rail International, stated “We thank Mr. Mansbart for his leadership and significant contributions to GRE for over 20 years. During his tenure, Mr. Mansbart has played a vital role in the development of a successful European railcar leasing platform for GATX Corporation and helped solidify our leadership position in Europe. He is a well-known and highly respected leader in the European rail industry. We thank Mr. Mansbart for all that he has done for GRE and wish him well.”

On the promotion of Mr. Feindert, Mr. Tezel stated, “Mr. Feindert is well-positioned to lead GATX Rail Europe. Mr. Feindert has been leading GRE’s commercial and business operations for many years and has a proven track record in effectively developing and executing our business plans. Mr. Feindert is also a well-known and highly respected leader in the European rail industry. Mr. Feindert’s market experience, customer focus, and his goal-oriented approach make him the ideal leader to ensure GRE’s continuing success and growth.”