Greenbrier appoints Michael J. Donfris as CFO; effective June 17, 2024

GREENBRIER COMPANIES INC

Donfris to serve as SVP Finance from June 17, then CFO after May 31, 2024 10-Q filing (expected July 8).
Compensation: $630K base salary, 95% target bonus, ~$900K equity (50% RSUs, 50% PSUs).
Cash retention award of $125K (one-year vest) and $50K relocation assistance.
Donfris was CFO of R.J. Corman Railroad Group; previously VP Finance at TrinityRail and Kimberly-Clark.
CEO Lorie Tekorius will cease as principal financial officer upon filing the 10-Q.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Michael J. Donfris

Senior Vice President, Chief Financial Officer

GBX · GREENBRIER COMPANIES INC

Effective: 2024-07-09
Filed: May 21, 2024, 7:59 PM ET

appointed Michael J. Donfris, 60, to serve as the Company’s Senior Vice President, Finance, effective as of June 17, 2024, and to then serve as the Company’s Senior Vice President, Chief Financial Officer (principal financial officer), effective as of the day immediately following the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended May 31, 2024

Role change

Lorie L. Tekorius

principal financial officer

GBX · GREENBRIER COMPANIES INC

Effective: 2024-07-09
Successor: Michael J. Donfris
Filed: May 21, 2024, 7:59 PM ET

Lorie L. Tekorius, the Company’s Chief Executive Officer and President, will cease serving as the Company’s principal financial officer at the end of the day on the date of filing such Form 10-Q.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Michael J. Donfris was appointed as Senior Vice President, Chief Financial Officer at GREENBRIER COMPANIES INC.

Action: appointed
Role: Senior Vice President, Chief Financial Officer

Exact text from the filing

appointed Michael J. Donfris, 60, to serve as the Company’s Senior Vice President, Finance, effective as of June 17, 2024, and to then serve as the Company’s Senior Vice President, Chief Financial Officer (principal financial officer), effective as of the day immediately following the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended May 31, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Lorie L. Tekorius changed role as principal financial officer at GREENBRIER COMPANIES INC.

Action: ceased serving
Role: principal financial officer

Exact text from the filing

Lorie L. Tekorius, the Company’s Chief Executive Officer and President, will cease serving as the Company’s principal financial officer at the end of the day on the date of filing such Form 10-Q.

View on SEC.gov

GREENBRIER COMPANIES INC filing history →

Source: SEC EDGAR

accession 0001193125-24-143353

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