Textainer management changes as President and CEO retires

Philip Brewer, President and CEO of Textainer Group Holdings Limited Retires and Olivier Ghesquiere Promoted to President and CEO of TGH.

Textainer Group Holdings Limited has announced that after 22 years of dedicated service to Textainer, Philip Brewer, the Company’s President and Chief Executive Officer, has retired.

As part of the succession planning process, the Board of Directors of TGH is pleased to announce that it has appointed Olivier Ghesquiere, currently Executive Vice President – Leasing, to be the President and CEO of TGH. Olivier will also be appointed to the Company’s Board of Directors as a Class II director.

Philip has served as Textainer’s President and CEO since September 2011. He joined Textainer in 1996 and held positions responsible for finance, risk management and resale prior to his tenure as CEO.

Olivier joined Textainer in December 2015 as Senior Vice President for Sales and Marketing and was promoted to Executive Vice President-Leasing in January 2017. He previously worked at Groupe Ermewa S.A. as Chief Executive Officer where he was responsible for growing the railcar and locomotive fleet to become the second largest in Europe. Prior to Groupe Ermewa S.A., he was the Managing Director for Eurotainer S.A. where he developed their tank container business and served as vice chairman and chairman of the International Tank Container Organisation (ITCO) leasing committee.

Meanwhile, Hilliard Terry, III, the Company’s Executive Vice President and Chief Financial Officer, will leave the Company to pursue other opportunities outside the industry. At that time, Michael Chan, currently the Company’s Senior Vice President of Finance, will be promoted to Executive Vice President and Chief Financial Officer.

Hilliard joined Textainer in January 2012 as Executive Vice President and CFO. He previously worked at Agilent Technologies, Inc. as Vice President and Treasurer. Michael re-joined Textainer in April 2017 from Ygrene Energy Fundwhere he served as CFO and was responsible for raising nearly $1bn in capital for the residential and commercial clean energy lender. Michael previously was Senior Director of Treasury and Capital Markets for The Cronos Group, a global intermodal container leasing company, and he held the CFO position for The Chartres Lodging Group. 

For more information visit: www.textainer.com

17th September 2018