Lee Verhey will take on the Executive Director role for the Railway Supply Institute (RSI) Committee on Tank Cars (CTC), starting May 23. He succeeds RSI CTC Vice Chair John Byrne, who announced earlier this year that he would retire.
Byrne, who was selected as a Railway Age Readers’ Most Influential Leader in 2020, has led RSI CTC since 2016. He began his rail industry career in Chicago at North American Car Company, the former railcar leasing firm, and went on to spend nearly 38 years at GE Capital, most recently as Manager, Regulatory Compliance and Quality. Byrne guided GE Capital’s regulatory compliance program for many years, and represented the company on the Association of American Railroads (AAR) Tank Car Committee (TCC) and its various task forces.
Verhey brings more than 40 years of experience to his new position. Before signing on with RSI in 2020 as Director of Regulatory and Industry Affairs responsible for supporting the RSI Quality Assurance, Equipment Leasing, and American Railway Car Institute committees, he served as Senior Vice President of Quality at TrinityRail.
Collectively, RSI CTC members build more than 95% and own or lease more than 70% of all tank cars operating in North America, according to RSI. For 40 years, the Committee has been charged with addressing issues of importance to its manufacturing and owner-lessor members and regularly reviewing tank car requirements through its membership on the AAR TCC.
“Since joining RSI, Lee has consistently demonstrated his extensive technical knowledge of rail tank car specifications, manufacturing, repair and maintenance,” said Patty Long, who became RSI President in November 2021. “Lee understands the mission of the RSI CTC and the needs of our members better than anyone in the industry, and we are excited for him to continue on with our organization in this essential role.”
RSI CTC Chair and Marmon Leasing Group President William Constantino said Byrne has been “a true asset” and “has led tank car owners and lessors through many significant milestones during his time with RSI. We wish John the best in his retirement.”