GATX Corporation Appoints Robert S. Wetherbee to Board of Directors

GATX Corporation has appointed Robert S. Wetherbee to its board of directors, bringing his experience in the specialty materials and metals industries to the table. Wetherbee will serve as a member of the Audit and Compensation Committees. GATX's board now consists of nine members, including eight independent directors. The appointment is expected to provide valuable perspectives to the company as it executes its growth strategies across its railcar, aircraft spare engine, and tank container leasing businesses globally.

GATX Corporation (NYSE: GATX) has announced the election of Robert "Bob" S. Wetherbee to its board of directors. Mr. Wetherbee will also serve as a member of the board’s Audit and Compensation Committees. With this appointment, the GATX board now consists of nine members, including eight independent directors.

"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."

Mr. Wetherbee, 65, is executive chairman of ATI Inc. (NYSE: ATI), a producer of high-performance materials and solutions for the global aerospace and defense markets and critical applications in electronics, medical, and specialty energy. He became president and chief executive officer of ATI in January 2019 and was named board chair in May 2021. He has held his current position since July 2024. Mr. Wetherbee joined ATI in 2010 and served as president of its Tungsten Materials and Flat Rolled Products businesses. He has served in a variety of key leadership roles over 29 years at Alcoa Inc., Minerals Technologies, Inc., and Metalspectrum.com. Additionally, Mr. Wetherbee currently serves on the board of directors of Commercial Metals Company and has served as board chair since September 2024. He holds a Bachelor of Science degree in industrial administration with an emphasis in accounting from Iowa State University.

The appointment of Mr. Wetherbee is expected to bring valuable perspectives to GATX, particularly in the areas of specialty materials and metals, which are critical to GATX’s core businesses. GATX, headquartered in Chicago, Illinois, has been providing innovative, unparalleled service to customers worldwide since its founding in 1898. The company's mission is to empower its customers to transport what matters safely and sustainably while championing the well-being of its employees and communities. GATX has paid a quarterly dividend, uninterrupted, since 1919.

Investors and others interested in GATX should note that the company routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts, and the GATX Investor Relations website. More information can be found on the GATX Investor Relations website under the “Investors” tab.

References:
[1] https://www.businesswire.com/news/home/20250714625326/en/GATX-Corporation-Adds-Robert-S.-Wetherbee-to-Board-of-Directors
[2] https://www.stocktitan.net/news/GATX/gatx-corporation-adds-robert-s-wetherbee-to-board-of-b3r3oz7lggas.html