SAN FRANCISCO, July 6 /PRNewswire/ -- GATX Capital Corporation today
announced that Sue Noack has been promoted to managing director and appointed
chief credit officer with overall responsibility for the entire Investment
Risk Management function at GATX Capital, effective July 1, 2001.
Ms. Noack joined GATX last year after a long career in credit and banking.
She started her business career twenty years ago at Midlantic National Bank
where she was a senior credit analyst. Ms. Noack further developed her credit
experience during ten years at CoreStates Bank, which included serving as vice
president and manager-credit support. Ms. Noack was senior investment officer
at US Leasing before she joined Bank of America Leasing & Capital, where she
rose to vice president-portfolio strategies group. She holds an MBA from
Wharton and a BSBA from Bucknell University and brings great credit management
experience to her new role here at GATX.
As chief credit officer, Ms. Noack will assume functional responsibility
for all investment risk management programs. In addition to overseeing the
analysis of risk in potential investments, she is charged with protecting the
financial assets of the company through the enforcement of covenants and
conditions in financial agreements, managing the collections function, and
otherwise enforcing contracts with our customers. In these responsibilities,
Ms. Noack will manage a team of credit professionals in San Francisco and
other GATX locations.
GATX Capital Corporation is a wholly owned subsidiary of GATX Corporation
(NYSE: GMT) a specialized finance and leasing company. GATX uniquely combines
asset knowledge and services, structuring expertise, creative partnering and
risk capital to provide business solutions to customers and partners
worldwide. GATX specializes in railcar and locomotive leasing, aircraft
operating leasing, information technology leasing, venture finance and
diversified finance.
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
CONTACT:
George Lowman of GATX Corporation,
312-621-6599
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