Greenbrier names Tekorius COO

“Greenbrier’s strong performance in the second quarter is the result of ongoing operational initiatives and robust syndication activity,” – Lorie L. Tekorius, CEO and President.

The Greenbrier Cos. Inc. Executive Vice President and Chief Financial Officer Lorie Tekorius has been appointed EVP and Chief Operating Officer, a newly created position with expanded responsibilities, reporting to Chairman, President and CEO William A. Furman.

Tekorius assumes leadership of Greenbrier’s Wheels, Parts & Repair operating unit and takes on additional responsibility for Human Resources and Corporate Safety and Security. Senior Vice President Wheels, Parts & Repair Rick Turner, reporting to Tekorius, will manage 24 wheels, parts and repair shops, twice the number of locations in the Greenbrier shop network after the dissolution of the GBW Railcar Services joint venture and the return of Greenbrier’s shops announced Aug. 20.

Adrian Downes has been promoted to Acting CFO, reporting to Tekorius. Downes joined Greenbrier in 2013 as Chief Accounting Officer and has more than 30 years of accounting and finance experience in a variety of industries, at publicly held and privately held companies. He currently directs Greenbrier’s global corporate and operational accounting activities and oversees Greenbrier’s information technology and tax planning functions.

Tekorius continues her management of corporate strategy and oversight of Greenbrier’s financial team as well as investor relations and planning led by Vice President Corporate Finance and Treasurer Justin Roberts. Additionally, she chairs Greenbrier’s executive committee comprised of senior management.

Tekorius has been with Greenbrier 23 years in various financial capacities. She was appointed CFO in February 2016 and EVP and chair of the executive committee in April 2017. In May 2018, the Portland Business Journal recognized her for corporate and community work as Oregon’s “CFO of the Year—Public Company Category.”

“Lorie is a highly skilled executive with more than two decades of service to Greenbrier,” said Furman. “Her promotion and enhanced responsibilities reflect the reality of the increased duties she has accepted through her successive advancements in management at Greenbrier. Lorie has demonstrated a strong sense of our values, including integrity and respect for people and customers, along with an ability to collaborate across the organization to achieve shared success. Lorie’s promotion to COO demonstrates Greenbrier’s emphasis on growing from within as we continue to plan our future. In her enhanced role, she will help Greenbrier focus our energies on management’s strategic plan to emphasize growth and scale while building our bench of talent and sharpening our succession plans throughout the company.”