Triton International Nominates Terri A. Pizzuto to Board of Directors
March 15 2023 - 8:00AM
Business Wire
March 15, 2023 - Triton International Limited (NYSE:TRTN) today
announced that Terri A. Pizzuto has been nominated to join its
Board of Directors. Ms. Pizzuto will be included as a nominee in
Triton’s 2023 proxy statement and, if elected by shareholders, will
join the Board as an independent director after the Company’s
Annual General Meeting on April 27.
Ms. Pizzuto brings nearly four decades of executive financial
experience, most recently serving as Executive Vice President,
Chief Financial Officer and Treasurer of Hub Group, Inc., a
publicly traded supply chain solutions provider that offers
multi-modal transportation services throughout North America. Prior
to her career at Hub Group, Ms. Pizzuto spent 22 years at Arthur
Andersen, LLP, including as an Audit Partner. She also serves on
the board of directors of The Shyft Group, Inc., a North American
leader in specialty vehicle manufacturing, assembly, and upfit for
the commercial, retail, and service specialty vehicle markets. Ms.
Pizzuto received a B.S. in Accountancy from the University of
Illinois Urbana-Champaign.
“We are excited about our plans to add Terri Pizzuto to Triton’s
Board of Directors," said Brian M. Sondey, Chairman and CEO of
Triton. "Terri has extensive experience in finance and operations,
and deep knowledge of the transportation and logistics industry. We
look forward to Terri’s perspectives and insights as we continue to
drive continued value creation and position Triton for the
future."
The nomination of Ms. Pizzuto reflects Triton’s ongoing approach
to Board refreshment and succession planning. Over the past several
years, Triton has meaningfully advanced the diversity of the Board
by recruiting new directors with exceptional qualifications and
experiences who reflect diverse backgrounds and perspectives.
Triton’s 10 current Board members will all stand for re-election at
the 2023 Annual General Meeting. Of the 11 candidates standing for
election, which will include Ms. Pizzuto, nine are independent, and
the slate of director nominees will include three women, two of
whom identify as ethnically diverse. If elected, Ms. Pizzuto would
serve on the Audit Committee of the Board.
About Triton International Limited
Triton International Limited is the world’s largest lessor of
intermodal freight containers. With a container fleet of over 7
million twenty-foot equivalent units ("TEU"), Triton’s global
operations include acquisition, leasing, re-leasing and subsequent
sale of multiple types of intermodal containers and chassis.
Important Additional Information and Where You Can Find
It
Triton, its directors and certain of its executive officers may
be deemed to be participants in the solicitation of proxies from
the Company’s shareholders in connection with the matters to be
considered at Triton’s 2023 annual general meeting of shareholders.
Triton intends to file a proxy statement with the U.S. Securities
and Exchange Commission (the “SEC”) in connection with such
solicitation of proxies from shareholders. Shareholders are
strongly encouraged to read the proxy statement and any other
relevant documents to be filed with the SEC when available as such
documents will contain important information. Shareholders will be
able to obtain the proxy statement, when available, and other
relevant documents filed by Triton with the SEC for no charge at
the SEC’s website at www.sec.gov or at www.trtn.com.
Important Cautionary Information Regarding Forward-Looking
Statements
Certain statements in this release, other than purely historical
information, are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995, Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include, among others, statements relating to Triton’s
business and future performance; composition of the Board of
Directors; the potential election of Ms. Pizzuto to the Board of
Directors; and the expected benefits from the potential election of
Ms. Pizzuto to the Board of Directors. Statements that include the
words "expect," "intend," "plan," "seek," "believe," "project,"
"predict," "anticipate," "potential," "will," "may," "would" and
similar statements of a future or forward-looking nature may be
used to identify forward-looking statements. All forward-looking
statements address matters that involve risks and uncertainties,
many of which are beyond Triton's control. Accordingly, there are
or will be important factors that could cause actual results to
differ materially from those indicated in such statements and,
therefore, you should not place undue reliance on any such
statements. These factors include, without limitation, economic,
business, competitive, market and regulatory conditions; risks
related to management transitions; and other risks and
uncertainties, including those set forth in the section entitled
“Risk Factors” in our most recent annual report on Form 10-K filed
with the SEC and subsequent filings with the SEC. Except to the
extent required by applicable law, we undertake no obligation to
update publicly or revise any forward-looking statement, whether as
a result of new information, future developments or otherwise.
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Triton International Limited Andrew Kohl Vice President
Corporate Strategy & Investor Relations 914-697-2900
Triton (NYSE:TRTN)
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