Textainer Group Holdings Limited Names Olivier Ghesquiere as Senior Vice President of Marketing and Sales


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Textainer Group Holdings Limited Names Olivier Ghesquiere as Senior Vice President of Marketing and Sales

HAMILTON, Bermuda--(BUSINESS WIRE)--Dec. 14, 2015-- Textainer Group Holdings Limited (NYSE:TGH) (“Textainer”), the world’s largest lessor of intermodal containers based on fleet size, today announced it has appointed Olivier Ghesquiere as Senior Vice President of Marketing and Sales.

“We are pleased to have Olivier join our leadership team,” said Philip K. Brewer, President and Chief Executive Officer of Textainer. “Olivier brings over 25 years of knowledge and expertise in the leasing of transportation assets, specifically railcars, locomotives, tanks and specialized containers. He has managed all aspects of the global leasing business, including office openings, sales and marketing, finance and asset management. Olivier’s experience and insights will be critical as we both grow our existing businesses and consider expansion opportunities in related assets.”

Mr. Ghesquiere most recently 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 focusing on higher value segments of the market. Eurotainer S.A. is recognized as the world leader in specialized tank container leasing, providing an array of safe and reliable equipment to the industry. Mr. Ghesquiere has served as vice chairman and chairman of the International Tank Container Organization (ITCO) leasing committee. Mr. Ghesquiere holds a Masters in Applied Economics from the Louvain School of Management, Belgium.

“Textainer has been the leader in container leasing for decades, and I am excited to be joining the team," commented Mr. Ghesquiere. "The market is dynamic and I am looking forward to leveraging my experience to help expand the company’s leadership going forward.”

About Textainer Group Holdings Limited

Textainer has operated since 1979 and is the world's largest lessor of intermodal containers based on fleet size with a total of 2.1 million containers representing 3.2 million TEU in our owned and managed fleet. We lease containers to approximately 400 customers, including all of the world's leading international shipping lines, and other lessees. Our fleet consists of standard dry freight, dry freight specials, and refrigerated intermodal containers. We also lease tank containers through our relationship with Trifleet Leasing and are the primary supplier of containers to the U.S. Military. Textainer is one of the largest purchasers of new and used containers with average annual capital expenditures of $800 million to $1 billion or more. In addition to selling older containers from our lease fleet, we buy older containers from our shipping line customers for trading and resale. We sold an average of more than 84,000 containers per year for the last five years to more than 1,400 customers making us one of the largest sellers of used containers. Textainer operates via a network of 14 offices and approximately 400 depots worldwide.

Source: Textainer Group Holdings Limited

Textainer Group Holdings Limited
Hilliard C. Terry, III, +1 415-658-8214
Executive Vice President and Chief Financial Officer