GATX adds Robert S. Wetherbee to board, expands to 9-member board.

GATX Corporation has elected Robert S. Wetherbee to its board of directors, bringing the total number of board members to nine, including eight independent directors. Wetherbee will serve on the board's Audit and Compensation Committees. He has experience in the specialty materials and metals industries, including industrial and commercial aerospace sectors. Wetherbee's appointment is seen as an asset to GATX as it continues to execute its growth strategy.

GATX Corporation (NYSE: GATX) has announced the addition of Robert “Bob” S. Wetherbee to its board of directors. The appointment, effective July 2, 2025, brings the total number of board members to nine, with eight independent directors. Wetherbee will serve on the Audit and Compensation Committees [1].

Robert S. Wetherbee, 65, is the executive chairman of ATI Inc. (NYSE: ATI), a producer of high-performance materials and solutions for global aerospace and defense markets, as well as critical applications in electronics, medical, and specialty energy sectors. With over 40 years of experience in the specialty materials and metals industries, Wetherbee brings extensive knowledge and leadership to the GATX board. He has held key positions at Alcoa Inc., Minerals Technologies, Inc., and Metalspectrum.com, and currently serves as the board chair of Commercial Metals Company [1].

“We are pleased to welcome Bob to GATX’s board of directors,” said Robert C. Lyons, president and chief executive officer of GATX. “Bob is a proven leader in the specialty materials and metals industries with experience serving a variety of end markets, including a wide range of industrial and commercial aerospace sectors. His insights will be an asset to GATX as we continue executing our growth strategies across our railcar, aircraft spare engine, and tank container leasing businesses globally” [1].

James B. Ream, chair of the board of directors, added, “Bob is an excellent addition to our group of independent directors. With a professional career of over 40 years, combined with his extensive knowledge in the specialty materials and metals sectors, Bob will provide valuable perspectives to GATX” [1].

GATX Corporation, headquartered in Chicago, Illinois, leases transportation assets including railcars, aircraft spare engines, and tank containers to customers worldwide. The company has consistently paid a quarterly dividend since 1919 and encourages investors to review its investor relations website for the latest updates and disclosures [1].

References:
[1] https://www.businesswire.com/news/home/20250714625326/en/
[2] https://www.marketbeat.com/instant-alerts/filing-allspring-global-investments-holdings-llc-acquires-4343-shares-of-gatx-corporation-nysegatx-2025-07-05/