GATX Corporation Announces Appointment of Senior Vice President, Treasurer and Chief Risk Officer

Rhea-AI Summary

GATX Corporation (NYSE:GATX) has appointed Jennifer Van Aken as senior vice president, treasurer, and chief risk officer. Van Aken has been with GATX since 2006, holding various leadership roles in treasury, investor relations, and investment risk management. She brings extensive experience in finance, having previously worked in the financial services industry. Thomas A. Ellman, GATX's CFO, expressed confidence in her ability to enhance the company's treasury and risk management operations. Van Aken holds a Bachelor of Science in Mathematics and an MBA from Carnegie Mellon University.

Positive

• Appointment of Jennifer Van Aken brings fresh leadership to treasury and risk management.

Negative

• Potential continuity concerns due to leadership change in key financial roles.

CHICAGO, Nov. 05, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) announced that Jennifer Van Aken has been appointed senior vice president, treasurer and chief risk officer.

Most recently, Ms. Van Aken was vice president, financial planning & analysis. Since joining GATX in 2006, she has held leadership roles in treasury, investor relations, and investment risk management. Prior to joining GATX, Ms. Van Aken held a number of positions of increasing responsibility in the financial services industry.

“We are pleased to announce Jennifer’s promotion,” said Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation. “With her extensive experience in finance and knowledge of GATX, Jennifer is well-suited to lead our treasury and risk management activities.”

Ms. Van Aken earned her Bachelor of Science in Mathematics from Allegheny College and her Masters of Business Administration from Carnegie Mellon University, Tepper School of Business.

COMPANY DESCRIPTION
GATX Corporation (NYSE:GATX) strives to be recognized as the finest railcar leasing company in the world by our customers, our shareholders, our employees and the communities where we operate. As the leading global railcar lessor, GATX has been providing quality railcars and services to its customers for over 121 years. GATX has been headquartered in Chicago, Illinois since its founding in 1898.

AVAILABILITY OF INFORMATION ON GATX'S WEBSITE
Investors and others should note that GATX routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts and the GATX Investor Relations website. While not all of the information that the Company posts to the GATX Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in GATX to review the information that it shares on www.gatx.com under the “Investor Relations” tab.

FOR FURTHER INFORMATION CONTACT:
GATX Corporation
Shari Hellerman
Director, Investor Relations
GATX Corporation
312-621-4285
shari.hellerman@gatx.com

FAQ

Who is Jennifer Van Aken and what is her new role at GATX?

Jennifer Van Aken has been appointed senior vice president, treasurer, and chief risk officer at GATX.

What experience does Jennifer Van Aken bring to her new position at GATX?

Van Aken has extensive experience in finance, having held leadership roles in treasury, investor relations, and investment risk management since joining GATX in 2006.

Why was Jennifer Van Aken chosen for the role of treasurer and chief risk officer?

Her long tenure at GATX and comprehensive financial expertise position her well for the role, according to GATX's CFO.

How might the leadership change at GATX impact the company?

The appointment may lead to fresh perspectives in treasury and risk management, but could also raise continuity concerns.