Triton International Announces Retirement of David A. Coulter From Board of Directors
01 Março 2021 - 10:30AM
Business Wire
March 1, 2021 –Triton International Limited (NYSE:TRTN) today
announced that David A. Coulter will retire from the Board of
Directors at the expiration of his current term at the Company’s
annual general meeting on April 27, 2021.
Mr. Coulter has been a director since 2015, having previously
served as a director of Triton Container International Limited
since 2011.
“On behalf of the Board and management, I want to thank David
for his combined 10 years of dedicated service to Triton. His deep
financial knowledge, leadership experience, sound judgment and
passion for our business have been a source of invaluable counsel
and have helped guide our strong growth and track record of
delivering shareholder value,” said Brian Sondey, Chairman and
Chief Executive Officer. “We wish David and his family all the best
following his retirement.”
The Board, led by its Nominating and Corporate Governance
Committee, has commenced a search for a new director. The Board is
committed to including highly qualified candidates who reflect
diverse backgrounds, including diversity of gender, race and
ethnicity, in the search process.
About Triton International Limited
Triton International Limited is the world’s largest lessor of
intermodal freight containers. With a container fleet of 6.2
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.
Cautionary Statement Regarding Forward-Looking
Statements
Certain statements in this release, other than purely historical
information, including statements that refer to the Company’s
director recruitment plans or ability to recruit highly qualified
and diverse directors, and any other characterizations of future
events or circumstances, 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.
Statements that include the words "expect," "intend," "plan,"
"believe," "project," "anticipate," "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 and the following:
the impact of COVID-19 on our business and financial results;
decreases in the demand for leased containers; decreases in market
leasing rates for containers; difficulties in re-leasing containers
after their initial fixed-term leases; our customers' decisions to
buy rather than lease containers; our dependence on a limited
number of customers for a substantial portion of our revenues;
customer defaults; decreases in the selling prices of used
containers; extensive competition in the container leasing
industry; difficulties stemming from the international nature of
our business; decreases in the demand for international trade;
disruption to our operations resulting from the political and
economic policies of the United States and other countries,
particularly China, including but not limited to the impact of
trade wars and tariffs; disruption to our operations from failures
of, or attacks on, our information technology systems; disruption
to our operations as a result of natural disasters; our compliance
or failure to comply with laws and regulations related to economic
and trade sanctions, security, anti-terrorism, environmental
protection and corruption; our ability to obtain sufficient capital
to support our growth; restrictions imposed by the terms of our
debt agreements; changes in tax laws in, Bermuda, the United States
and other countries and other risks and uncertainties, including
those risk factors set forth in the section entitled "Risk Factors"
in our Form 10-K filed with the Securities and Exchange Commission
("SEC"), on February 16, 2021, in any Form 10-Q filed or to be
filed by Triton, and in other documents we file with the SEC from
time to time. 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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version on businesswire.com: https://www.businesswire.com/news/home/20210301005071/en/
Triton International Limited Andrew Greenberg, 914-697-2900
Senior Vice President Business Development & Investor
Relations
Triton (NYSE:TRTN)
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