Greenbrier tabs new CEO in leadership succession

The Greenbrier Companies announced on January 6 that Brian Comstock will succeed Lorie Tekorius as the company's new President and CEO. Tekorius, who has served as CEO and President since 2022, will retire following the company's 2027 annual shareholders meeting. Comstock, currently the executive vice president and president of The Americas, has been with the company for over 45 years.

Greenbrier, a railcar manufacturer and freight transportation services provider based in Lake Oswego, Oregon (NYSE: GBX), explained that this leadership change is the result of a long-term succession planning process by the board. Tekorius led Greenbrier in strengthening its commercial position, pursuing operational improvements, and developing its railcar leasing and services businesses alongside its core railcar design and manufacturing operations.

The company serves both North American and international markets. Board Chair and Independent Director Admiral Thomas B. Fargo praised Tekorius for successfully navigating market challenges and advancing operational excellence. Comstock expressed his enthusiasm for working with Tekorius during this transition and advancing Greenbrier's strategy for long-term success.