Phillip W. Thompson joined MUL Railcars (MULR), a subsidiary of Mitsubishi UFJ Lease & Finance, as vice president of Business Development.

Thompson comes to MULR from his most recent role as director in the Capital Markets group at Trinity Rail. During his eight-year tenure with Trinity, Thompson played various roles in finance, strategy, capital markets and services.

MULR CEO, J.T. Sharp, said, “Phil is a really key addition to the MULR team. He is financially astute, has an entrepreneurial mindset and has a solid overall perspective on the rail marketplace. In keeping with all my MULR colleagues, Phil is a high integrity, customer-focused executive who will help guide the further growth of MULR as a premier rail leasing platform.”

In his new role, Thompson will focus on driving MULR’s investment and services strategy, portfolio management and general management activities.

Based in Portland, OR, MUL Railcars is an emergent power in the North American railcar leasing and management business, offering a complete railcar leasing solution set with railcar asset management, regulatory support, specialized services and leasing products.