Trinity Industries, Inc. Appoints William P. Ainsworth to Its Board of Directors, Finance and Risk Committee and Corporate Governance and Directors Nominating Committee
March 10, 2021 at 04:15 pm EST
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Trinity Industries, Inc. announced the election of William P. (“Billy”) Ainsworth to its Board of Directors, effective immediately. The addition of Mr. Ainsworth expands Trinity’s Board of Directors from nine to ten members. Mr. Ainsworth will serve as a member of the Finance and Risk Committee and Corporate Governance and Directors Nominating Committee. From 2019 until his retirement in 2020, Mr. Ainsworth served as Group President of the Energy & Transportation segment for Caterpillar, Inc. (“Caterpillar”). From 2017 until his appointment as Group President in 2019, Mr. Ainsworth was Senior Vice President and Strategic Advisor to Caterpillar’s executive committee and was responsible for Caterpillar’s Rail Division.
Trinity Industries, Inc. is the owner of businesses that provide rail transportation products and services in North America. The Company markets its railcar products and services under the trade name TrinityRail. The TrinityRail platform provides railcar leasing and management services; railcar manufacturing, maintenance and modifications, and other railcar logistics products and services. Its segments include the Railcar Leasing and Management Services Group and the Rail Products Group. Its Railcar Leasing and Management Services Group owns and operates a fleet of railcars and provides third-party fleet leasing, management, administrative services, and other railcar logistics products and services. Its Rail Products Group manufactures and sells railcars and related parts and components and provides railcar maintenance and modification services. It operates in various markets including refined products and chemicals, energy, agriculture, construction and metals, and consumer products.
Trinity Industries, Inc. Appoints William P. Ainsworth to Its Board of Directors, Finance and Risk Committee and Corporate Governance and Directors Nominating Committee