Trinity Industries elected William P. (Billy) Ainsworth to its board of directors. The addition of Ainsworth expands Trinity’s board of directors from nine to 10 members. Ainsworth will serve as a member of the finance and risk committee and the corporate governance and directors nominating committee.

“We are pleased to welcome Billy Ainsworth to Trinity’s board of directors,” Leldon E. Echols, non-executive chairman of the board for Trinity Industries, said. “His strong business acumen and extensive rail industry knowledge, as well as his emphasis on the customer experience during his tenured career at Caterpillar, will be a tremendous asset to Trinity.”

From 2019 until his retirement in 2020, Ainsworth served as group president of the energy and transportation segment for Caterpillar. From 2017 until his appointment as group president in 2019, Ainsworth was senior vice president and strategic advisor to Caterpillar’s executive committee and was responsible for Caterpillar’s rail division. From 1993 until 2019, he served as president and CEO of Progress Rail Services, a supplier of railroad and transit products and services and railcar leasing. Progress Rail Services was acquired by Caterpillar in 2006 and Ainsworth was appointed a vice president of Caterpillar at that time.

Trinity Industries owns providers of rail transportation products and services in North America.