Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

View Current Digital Issue »


Rail News Home Railroading People


Rail News: Railroading People

Private investor Washburn joins Greenbrier's board


Today, The Greenbrier Cos. announced Donald Washburn has been elected to the company's board, which now numbers eight members and four independent directors.

A private investor, Washburn currently serves on the boards of Amedisys Inc., LaSalle Hotel Properties and Key Technology Inc., as well as non-profit organization Northwestern University's Kellogg School of Management. He also serves on private equity fund Spell Capital Partners Fund II's advisory board.

Washburn previously held several senior-level management positions with Northwest Airlines Inc. — including executive vice president — and Marriott International Corp.

"[Washburn] brings significant management, operational and board experience, which will be invaluable to the company," said Greenbrier President and Chief Executive Officer William Furman in a prepared statement.

During the past few months, Greenbrier has considered several independent board member candidates to "enhance corporate governance and meet Securities & Exchange Commission requirements," said Furman. "We fully expect to meet the SEC requirement, prior to the Dec. 31, 2005 deadline, that a majority of board members be independent."

Contact Progressive Railroading editorial staff.

More News from 8/24/2004