Mitsubishi UFJ Lease & Finance made four appointments to MUL Railcars. Kent Boskovich was appointed chief commercial officer. Andy Vestergaard was named chief investment officer. Mark Mason was appointed senior vice president of sales and Terry Ikeda is now an executive vice president.

Boskovich has more than 20 years of executive management experience in transportation equipment leasing, the last 10 years as president of Union Leasing.

Vestergaard came to MULR following 20 years of service with GATX, the last four years as VP and executive director of Rail Structured Finance.

Mason spent 14 years with Hempel in the industrial coatings business, the last seven years managing the rail coatings business.

Ikeda has more than eight years of executive experience with Mitsubishi UFJ Lease & Finance internationally.

“I am excited and really fortunate to have been able to assemble a high quality initial executive staff so quickly,” said J.T. Sharp, MULR CEO. “Kent, Andy, Mark and Terry all bring energy, integrity and years of experience in the rail markets, finance and transportation leasing. Most importantly they know what it is to work collaboratively as a team and with our customers. The talent of this group, combined with the incredible strength and commitment of MUL as our parent sponsor, put us on really sound footing for the future.”

MULR will continue to build out its commercial and internal support team. MULR aims to expand its portfolio to hold 25,000 railroad cars by 2020, and position itself to grow into a top 10 U.S. railcar operating lessor.