GATX CEO Brian Kenney to retire April 2022; Robert Lyons named CEO-elect

GATX CORP

Brian Kenney retires as CEO effective April 22, 2022; will remain non-executive chairman until Oct 31, 2022.
Robert C. Lyons appointed CEO-elect (effective April 22, 2022); currently EVP & President of Rail North America, former CFO 2004-2018.
Bylaws amended to remove requirement that Chairman be an officer of the Company.
Board will appoint an independent director as Chair effective Nov 1, 2022.
Succession process assisted by Spencer Stuart; Lyons to be nominated to the Board at 2022 Annual Meeting.

item 5.02 item 5.03 item 9.01

Executive movements

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Departed

Brian A. Kenney

President and Chief Executive Officer

GATX · GATX CORP

Effective: 2022-04-22
Successor: Robert C. Lyons
Filed: December 7, 2021, 6:59 PM ET

On December 3, 2021, Brian A. Kenney, President and Chief Executive Officer, notified the Board of Directors (the “Board”) of GATX Corporation (the “Company”) of his decision to retire as an officer of the Company effective April 22, 2022, following the Annual Meeting of Shareholders.

Appointed

Robert C. Lyons

Chief Executive Officer and President

GATX · GATX CORP

Effective: 2022-04-22
Filed: December 7, 2021, 6:59 PM ET

On December 3, 2021, the Board appointed Robert C. Lyons, 57, to the position of Chief Executive Officer and President, effective at the time of Mr. Kenney’s retirement on April 22, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Brian A. Kenney retired as President and Chief Executive Officer at GATX CORP.

Action: retired
Role: President and Chief Executive Officer

Exact text from the filing

On December 3, 2021, Brian A. Kenney, President and Chief Executive Officer, notified the Board of Directors (the “Board”) of GATX Corporation (the “Company”) of his decision to retire as an officer of the Company effective April 22, 2022, following the Annual Meeting of Shareholders.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Robert C. Lyons was appointed as Chief Executive Officer and President at GATX CORP.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

On December 3, 2021, the Board appointed Robert C. Lyons, 57, to the position of Chief Executive Officer and President, effective at the time of Mr. Kenney’s retirement on April 22, 2022.

View on SEC.gov

GATX CORP filing history →

Source: SEC EDGAR

accession 0000040211-21-000108

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