CHICAGO, Aug. 18 /PRNewswire/ -- GATX Corporation (NYSE: GMT) today
announced that its board of directors has elected Ronald J. Ciancio vice
president, general counsel and secretary.
Mr. Ciancio, 59, joined GATX in 1981 as a senior attorney, and
subsequently he was promoted to associate general counsel. In June of this
year, he was elected vice president and corporate counsel.
Ronald H. Zech, chairman and CEO of GATX stated, "Ron Ciancio has been
instrumental in many important and complex transactions for GATX over the
years. He brings extensive knowledge of the company, a tremendous work ethic
and significant legal expertise to his new position. We are very fortunate to
have someone with Ron's demonstrated capabilities and dedication ready to
assume this critical role."
Mr. Ciancio received his A.B. degree from the University of Notre Dame,
South Bend, in 1963. He earned his JD in 1966 from the Northwestern
University School of Law and his Masters in Management from Northwestern
University's Kellogg Graduate School of Management in 1988.
Mr. Ciancio is succeeding David B. Anderson, who has announced his
decision to leave GATX, effective August 31, 2000. Mr. Zech continued, "David
Anderson has served GATX well since joining in 1995 as vice president
corporate development, general counsel and secretary. David has been a member
of the team that has refocused GATX's priorities on its growing specialized
finance and leasing activities. Now that the new strategic direction of GATX
has been established, he believes that his considerable experience and
expertise can be used more effectively beyond GATX."
GATX is a unique finance and leasing company combining asset knowledge and
services, structuring expertise, creative partnering and risk capital to serve
customers and partners worldwide. GATX primarily focuses on leasing assets
that include railroad cars and locomotives, jet commercial aircraft, and
technology and marine assets.
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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http://www.gatx.com
Company News On-Call:
http://www.prnewswire.com/comp/105121.html or fax,
800-758-5804, ext. 105121
CONTACT:
George S. Lowman for GATX Corporation,
312-621-6599
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