UK: Rolling stock leasing and management company Porterbrook has announced a restructuring.
With effect from April 1, Head of Structured Finance Stefan Rose will take up the new position of Chief Investment Officer, leading a dedicated team focusing on new and re-leasing passenger, freight and infrastructure business opportunities supported by the existing structured finance and pricing teams.
Chief Commercial Officer Stephen McGurk will assume the new position of Chief Portfolio Officer, focusing on supporting Porterbrook’s existing customers who lease more than 4 000 vehicles.
‘As we head out of lockdown and prepare for a new industry structure, I want Porterbrook to be relentless in focusing on the needs of our existing and future customers’, said CEO Mary Grant on March 11. ’Both roles will ensure that we are best positioned to meet government ambitions for the UK railway and support the green recovery.’
