Victoria McManus has been elected to The Greenbrier Companies' board of directors. The election increases Greenbrier's board to nine members, six of whom are independent.
McManus' credentials include over 20 years of experience in the finance industry, with emphasis on the rail equipment sector. She was head of Babcock & Brown's North American Rail Group from its founding in 1999 until mid-2008. During this tenure, the Rail Group raised significant capital from the European and Asian markets for investment in rail assets placed under operating leases, and became a major participant in the rail equipment marketplace. Before joining Babcock & Brown, McManus was an executive with The CIT Group for ten years, with her last post there as president of the Rail Division.
Greenbrier, based in Lake Oswego, Ore., is a leading supplier of transportation equipment and services to the railroad industry. The firm builds new railroad freight cars in its three manufacturing facilities in the U.S. and Mexico and marine barges at its U.S. facility. It also, among other things, repairs and refurbishes freight cars and provides wheels and railcar parts at 38 locations across North America.