HAMILTON, Bermuda, June 1, 2021 /PRNewswire/ -- Textainer Group
Holdings Limited (NYSE: TGH / JSE: TXT) ("Textainer", "the
Company", "we" and "our") announced that two new members of its
Board of Directors were elected at the May
26, 2021 Annual Meeting of Shareholders. James Earl and Cynthia
Hostetler were elected as new Class II directors and
Olivier Ghesquiere was re-elected as
a Class II director at the Annual Meeting. The
Company's shareholders also approved the 2020 audited financial
statements and the appointment of KPMG as the Company's auditor for
2021.
Mr. Earl was an executive with NYSE-listed GATX Corporation from
1988 to 2018, ultimately serving as Executive Vice President,
President of its Rail International division and CEO of GATX's
American Steamship Company. Mr. Earl also serves on the
Board of Directors of NYSE-listed Harsco Corporation. Mr.
Earl has a B.S. from Washington
University in St. Louis and
an M.B.A. from the Wharton School at the University of Pennsylvania.
Ms. Hostetler serves as a Trustee of Invesco Ltd. and is a
member of the boards of TriLinc Global Fund, an impact investment
company, NYSE-listed Vulcan Materials Company and NYSE-listed
Resideo Technologies, Inc. Ms. Hostetler also has served on
the board of the Investment Company Institute since 2018.
From 2001 to 2009, Ms. Hostetler served as Head of Investment Funds
and Private Equity at the Overseas Private Investment Corporation
(OPIC). Ms. Hostetler has a J.D. from the University of Virginia and a B.A. from Southern Methodist University.
At the Annual Meeting, Hennie Van der
Merwe, the Chief Executive Officer of Trencor Limited,
retired from the Board of Directors. Mr. Van der Merwe previously served on the Company's
Board of Directors between 2003 and 2011 and rejoined the Board of
Directors in August 2017.
"We are very pleased to welcome Jim and Cynthia to the Textainer
Board," said Hyman Shwiel, Chairman
of the Board of Textainer. "Their impressive careers and deep
experience as board members of other prominent public companies
will make them strong additions to Textainer as our Company grows
and we welcome their valuable insights and
perspectives." Mr. Shwiel continued, "The Board of
Directors is grateful for Hennie Van der
Merwe's many years of dedicated service on the Company's
Board and we wish him well in retirement."
About Textainer Group Holdings Limited
Textainer has operated since 1979 and is one of the world's
largest lessors of intermodal containers with approximately 3.8
million TEU in our owned and managed fleet. We lease containers to
approximately 250 customers, including all of the world's leading
international shipping lines, and other lessees. Our fleet consists
of standard dry freight, refrigerated intermodal containers, and
dry freight specials. We also lease tank containers through our
relationship with Trifleet Leasing and are a supplier of containers
to the U.S. Military. Textainer is one of the largest and most
reliable suppliers of new and used containers. In addition to
selling older containers from our fleet, we buy older containers
from our shipping line customers for trading and resale. We sold an
average of approximately 150,000 containers per year for the last
five years to more than 1,500 customers making us one of the
largest sellers of used containers. Textainer operates via a
network of 14 offices and approximately 400 independent depots
worldwide. Textainer has a primary listing on the New York Stock
Exchange (NYSE: TGH) and a secondary listing on the Johannesburg
Stock Exchange (JSE: TXT). Visit www.textainer.com for additional
information about Textainer.
Contact Information
Investor Relations
+1 415-658-8333
ir@textainer.com
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SOURCE Textainer Group Holdings Limited