GATX Corporation, a global lessor of transportation assets, announced three senior leadership promotions.

Kevin J. Hillesland has been appointed Senior Vice President, Structured Finance, where he will continue to drive various strategic initiatives, including GATX’s investment in aircraft spare engines. Since joining GATX in 1994, Hillesland has held leadership positions in corporate finance, portfolio investments and structured finance with increasing responsibility. He also serves as a board member of Rolls-Royce & Partners Finance, GATX’s 50 percent owned aircraft spare engine leasing joint venture. In his most recent role as Vice President & Executive Director, Structured Finance, Hillesland led efforts to grow GATX’s program of direct investment in aircraft spare engines. Since 2021, GATX has invested approximately $770 million to acquire 29 wholly owned aircraft spare engines.

Geoffrey D. Phillips has been appointed SVP, Operations, where he will continue to lead Rail North America’s maintenance operations. Since joining GATX in 1996, Phillips has held leadership positions in finance, business development, customer experience, operations and rail services and logistics with increasing responsibility. In his most recent role as Vice President & Group Executive, Operations, Phillips implemented numerous maintenance network optimization initiatives that resulted in improved operational efficiency and productivity across GATX’s rail maintenance shops while maintaining the highest level of safety.

John M. Sbragia has been appointed SVP, Engineering and Quality, where he will continue to lead Rail North America’s railcar engineering, product design and development and quality control functions. Since joining GATX in 1998, Sbragia has held leadership positions in engineering and quality with increasing responsibility. He is regarded as an industry leader and subject matter expert in railcar engineering and design. In his most recent role as Vice President & Group Executive, Engineering and Quality, Sbragia represented GATX on a number of regulatory committees and trade organizations to share his extensive technical knowledge.

“Kevin, Geoff and John are proven leaders with extensive depth and breadth of experience in their respective fields,” said Robert C. Lyons, President and Chief Executive Officer of GATX. “These promotions reflect GATX’s significant investment in our global growth strategy and ongoing commitment to maintaining the highest standards of safety, integrity and service.”