The Greenbrier Companies promoted executive vice president and chief financial officer Lorie Tekorius to executive vice president and chief operating officer and expanded her responsibilities. She will continue to report to William A. Furman, chairman, president and CEO.

In her newly-created role, Tekorius will lead Greenbrier’s wheels, parts and repair operating unit and take on additional responsibility for human resources and corporate safety and security.

Adrian Downes will succeed Tekorius as acting CFO. Downes joined Greenbrier in 2013 as chief accounting officer and has over 30 years of accounting and finance experience in a variety of industries, both with publicly held and privately held companies. He currently directs all global corporate and operational accounting activities and oversees IT and tax planning functions.

Rick Turner, senior vice president for Wheels, Parts & Repair, will report to Tekorius. Turner will manage 24 wheels, parts and repair shops, double the number of locations in the Greenbrier shop network, after the dissolution of the GBW Railcar Services joint venture and the return of Greenbrier’s shops.

Tekorius will also continue her management of corporate strategy and oversight of Greenbrier’s financial team, investor relations and planning and chair Greenbrier’s executive committee.

Tekorius has been with Greenbrier for 23 years in various financial capacities. She was appointed CFO in 2016 and executive vice president and chair of the executive committee in 2017. In May 2018, she was recognized by the Portland Business Journal for her corporate and community work as Oregon’s “CFO of the Year—Public Company Category”.

“Lorie is a highly skilled executive with more than two decades of service to Greenbrier. Her promotion and enhanced responsibilities reflect the reality of the increased duties she has accepted through her successive advancements in management at Greenbrier,” said Furman. “Lorie will help Greenbrier focus our energies on management’s strategic plan to emphasize growth and scale while building our bench of talent and sharpening our succession plans throughout the company.”

Headquartered in Lake Oswego, OR, Greenbrier supplies equipment and services to global freight transportation markets. It designs, builds and markets freight railcars and marine barges in North America.