Katie McCabe, the current president of CAI International, a provider of container leasing and sales, will assume the role of president and CEO, effective Jan. 1, 2024, succeeding Tim Page, the company’s current CEO.

McCabe, the former president and CEO of Beacon Intermodal Leasing from 2016to 2022, has served as president of CAI since January.

During Page’s tenure, CAI completed its merger with Beacon Intermodal Leasing. Page will continue to serve the company in a new capacity following the transition, as he will become a corporate strategy advisor to offer ongoing strategic guidance and expertise.

“We are immensely grateful for Tim Page’s outstanding leadership, and we look forward to his continued involvement as our strategy advisor,” Hisashi Ishimaki, chairman of the board of CAI, said. “Katie McCabe has consistently demonstrated her capacity to lead and innovate, and we have full confidence that she will drive CAI to new heights in her role as CEO.”