CHICAGO, May 29 /PRNewswire/ -- GATX Rail Corporation today announced that
Richard W. Schmidt has been promoted to vice president, eastern regional
sales.
Daniel Penovich, vice president and managing director, stated, "Richard
Schmidt brings 30 years of rail experience to this new position. Importantly,
he has spent many of these years serving GATX Rail's customers on the East
Coast. With his experience and knowledge, Richard will bring outstanding
leadership to our eastern team as it continually expands the products and
services we bring to our customers.
Mr. Penovich added, "John C. Gallaher, who previously held the position of
vice president, regional sales, has submitted his resignation to GATX Rail to
accept a position outside our company. He has served GATX and its customers
with excellence and dedication in his three years at our company. We wish him
well in his new endeavors".
Mr. Schmidt (54) joined GATX Rail in 1971. He has held a number of
important positions within the company including corporate account manager,
manager-regional sales, director of railcar leasing and director of fleet
services. Most recently, he has been the corporate account manager based in
Atlanta. He will continue to be based in Atlanta.
GATX Rail Corporation is a wholly-owned subsidiary of GATX Corporation
(NYSE: GMT), a unique finance and leasing company combining asset knowledge
and services, structuring expertise, creative partnering and risk capital to
serve customers and partners worldwide. In addition to railcar and locomotive
leasing, GATX Corporation specializes in aircraft operating leasing,
information technology leasing, and venture finance for customers in diverse
industrial sectors worldwide.
Investor, corporate information and press releases may be found at
http://www.gatx.com . A variety of current financial information, historical
financial information, press releases and photographs are available at this
site. GATX press releases may be obtained by automated PR News Company News
On-Call's automated fax service at 800-758-5804. The company identification
number for GATX is 105121.
SOURCE GATX Corporation
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Related links:
http://www.gatx.com
Company News On-Call:
http://www.prnewswire.com/comp/105121.html or fax,
800-758-5804, ext. 105121
CONTACT:
George Lowman of GATX Corporation,
312-621-6599
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