SAN FRANCISCO, Oct. 2 /PRNewswire/ -- GATX Capital announced today that
Tom McGreal has been selected to head its information technology-leasing arm,
GATX Technology. McGreal has also been appointed senior vice president and
managing director of GATX Capital, a division of GATX Financial Corporation.
McGreal has been based in London, England as SVP and managing director -
Europe of the CIT Technology Financial Services Group. He will relocate to
Tampa, Florida, headquarters for GATX Technology.
A 30 year veteran in the information technology finance industry, Tom has
broad experience running significant lease finance, technology outsourcing and
vendor leasing operations for units of GE Capital Corporation, J.P. Morgan
Chase & Co. and Tyco International Ltd. With experience in mergers and
acquisitions and international management in both Asia and Europe, Tom brings
excellent credentials to GATX.
GATX Capital executive vice president Kathy Jackson said, "With the
acquisition of the U.S. lease portfolio of El Camino Resources, GATX
Technology has strengthened its position as a leader among independent
technology leasing businesses. The addition of a leader with Tom's broad
industry experience will position us for sustaining our growth with
substantial customers on a global scale."
Kathy Jackson continued, "This is an exciting and challenging time for
GATX Technology. The group has addressed a key management transition while
assuming control of the El Camino Resources portfolio, increasing our sales
force, activating a new lease portfolio management system and facing a
softening economy. All of our existing management team has performed
admirably. Tom has the opportunity to build on a strong foundation. We are
also fortunate that Ed Mihm, formerly head of GATX Technology, will remain a
key member of the managing director group to focus on GATX Technology's
international activities."
GATX Technology and GATX Capital are units of GATX Financial Corporation,
a subsidiary of GATX Corporation (NYSE: GMT). GATX is 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. In addition to
information technology leasing, GATX specializes in railcar and locomotive
leasing, aircraft operating 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 Capital
 back to top
Related links:
http://www.gatx.com
Company News On-Call:
http://www.prnewswire.com/comp/105121.html
CONTACT:
Ken Gibson of GATX Capital, +1-415-955-3285
|
