William A. Furman Related Content

Tekorius Officially Takes Over as CEO of Greenbrier

As previously reported, Lorie Tekorius is officially taking over the role of president and CEO of The Greenbrier Companies today, while William A. Furman, the company’s co-founder and previous president and CEO, will move to the role of executive chair.  read more

Greenbrier Completes First Railcar ABS Issuance for GBX Leasing

The Greenbrier Companies completed its first offering of railcar asset-backed securities and long-term financing for GBX Leasing, a joint venture between Greenbrier and The Longwood Group. read more

Greenbrier Reports $345MM in New Railcar Orders in December and January

The Greenbrier Companies reported new railcar orders of 6,300 units valued at $685 million for its first fiscal quarter ending Nov. 30, 2021, and new orders totaling 2,900 units valued at $345 million during December and January. read more

Greenbrier Receives Orders for 6,200 Railcars Valued at $670MM

The Greenbrier Companies received new orders for 6,200 railcar units with a combined value of $670 million during the first fiscal quarter that began on Sept. 1. Greenbrier also received orders to rebody 1,400 railcars as part of its railcar conversion program. read more

Greenbrier Releases ESG Report for 2021, Increases Recycled Steel Content to 51%

The Greenbrier Companies released its 2021 environmental, social and governance report, which showed that the company increased its recycled steel content from 47% in 2020 to 51% in 2021, among other milestones. read more

Greenbrier Appoints Tekorius CEO, Furman to Transition to Executive Chair

Greenbrier Companies appointed Lorie Tekorius its next CEO and president, effective March 1, 2022. On the same date, William A. Furman, co-founder, chairman and current CEO of Greenbrier, will assume the newly created role of executive chair until his retirement. read more

Greenbrier Advances Railcar Leasing Strategy with Portfolio Acquisition

The Greenbrier Companies acquired more than 3,600 railcars, a portion of which will be held in GBX Leasing, a recently formed special purpose subsidiary that is approximately 95% owned by Greenbrier. read more

Bank of America Renews and Extends $1B in Facilities for Greenbrier

The Greenbrier Companies, a supplier of equipment and services to global freight transportation markets, renewed and extended three bank facilities totaling more than $1 billion. According to an 8K filed with the SEC, Bank of America is the administrative agent for the facilities. read more

Greenbrier Receives More Than $530MM in Railcar Orders in Fiscal Q4

Greenbrier has received new orders totaling 5,500 railcar units valued at more than $530 million thus far during its fourth fiscal quarter, which began on June 1.  read more

Greenbrier Prices and Increases Size of Offering of Convertible Senior Notes

The Greenbrier Companies increased the size of its previously announced offering of convertible senior notes due 2028 to an aggregate principal amount of $325 million. read more

Greenbrier Completes Formation of GBX Leasing

The Greenbrier Companies, an international supplier of equipment and services to global freight transportation markets, completed the formation of GBX Leasing, a special purpose subsidiary, to own and manage a portfolio of leased railcars primarily built by Greenbrier. read more

Greenbrier Forms JV to Grow Owned Railcar Lease Fleet; Extends Commercial Platform

The Greenbrier Companies will form GBX Leasing, a new leasing joint venture with The Longwood Group, a transportation equipment advisory and asset management firm. GBX Leasing will develop an owned portfolio of leased railcars primarily to be built by Greenbrier. read more

Greenbrier Makes Several Senior Management Promotions

The Greenbrier Companies made several senior management promotions across business units, including elevating Brian Comstock to chief commercial and leasing officer. read more

Greenbrier Appoints Fargo Lead Director

The Greenbrier Companies appointed four-star Admiral Thomas B. Fargo, USN (ret.), to the company's lead director position. Fargo joined Greenbrier's board in 2015 as an independent director and has served as chair of the compensation committee since 2017. read more

Greenbrier Reports $2.35B Estimated Value of New Railcar Backlog for Fiscal Q1

The Greenbrier Companies reported financial results for its first fiscal quarter ended Nov. 30, 2020. The results included liquidity of $810 million and a new railcar backlog as of Nov. 30, 2020, of 23,900 units with an estimated value of $2.35 billion. read more

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