Triton International Appoints Michael Pearl as Chief Financial Officer
November 18 2022 - 7:02AM
Business Wire
Friday, November 18, 2022 – Triton International Limited (NYSE:
TRTN) today announced that Michael Pearl has been appointed
Triton’s Chief Financial Officer, effective January 1, 2023. Mr.
Pearl currently serves as Triton’s Senior Vice President,
Treasurer. He will succeed John Burns, who as previously announced,
will retire at the end of 2022 after more than 25 years with
Triton. Mr. Burns will remain with Triton in a consulting role
following his retirement to ensure a smooth transition.
Mr. Pearl joined Triton in 2009 and has led the company’s
Treasury function since 2016. He played an integral role in helping
to drive the successful Triton-TAL merger integration and has also
been responsible for other significant areas within the finance
organization, including credit and risk management, business
development and financial planning and analysis. Before Triton, Mr.
Pearl worked for a number of companies in the financial sector,
including National City Bank, Wachovia Bank, and S&P Global.
Mr. Pearl received an M.B.A. from the University of Michigan and a
B.A. from Colby College.
Brian Sondey, Chief Executive Officer of Triton commented
“Michael has been a significant contributor to the success of our
company. He was instrumental in transforming and strengthening our
capital structure over the last few years and driving significant
improvements in our borrowing costs. Michael’s appointment reflects
the deep bench of talent we have developed at Triton, and he will
have an exceptional team supporting him in his new role. We look
forward to benefitting from Michael’s experience and capabilities
as we continue to build on our strong financial position and create
value for our shareholders.”
Mr. Sondey added, “I also want to again thank John for his many
contributions to Triton as an exceptional and valued leader,
colleague and friend. We are truly grateful for his service and
wish him all the best in his well-deserved retirement.”
About Triton International
Limited
Triton International Limited is the world’s largest lessor of
intermodal freight containers. With a container fleet of over 7
million twenty-foot equivalent units ("TEU"), Triton’s global
operations include acquisition, leasing, re-leasing and subsequent
sale of multiple types of intermodal containers and chassis.
Important Cautionary Information
Regarding Forward-Looking Statements
Certain statements in this release, other than purely historical
information, are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995, Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include, among others, statements relating to Triton’s
business, future performance and the management transition
discussed in this release. Statements that include the words
"expect," "intend," "plan," "seek," "believe," "project,"
"predict," "anticipate," "potential," "will," "may," "would" and
similar statements of a future or forward-looking nature may be
used to identify forward-looking statements. All forward-looking
statements address matters that involve risks and uncertainties,
many of which are beyond Triton's control. Accordingly, there are
or will be important factors that could cause actual results to
differ materially from those indicated in such statements and,
therefore, you should not place undue reliance on any such
statements. These factors include, without limitation, economic,
business, competitive, market and regulatory conditions; risks
related to management transitions; and other risks and
uncertainties, including those set forth in the section entitled
“Risk Factors” in our most recent annual report on Form 10-K filed
with the Securities and Exchange Commission (“SEC”) and subsequent
filings with the SEC. Except to the extent required by applicable
law, we undertake no obligation to update publicly or revise any
forward-looking statement, whether as a result of new information,
future developments or otherwise.
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Andrew Greenberg Senior Vice President Business Development
& Investor Relations (914) 697-2900
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