Mitsui Rail Capital names Penovich as VP of sales and marketing
Chicago, IL, November 1, 2010 – Mitsui Rail Capital, LLC (MRC) announced that it has selected Daniel P. Penovich as Vice President of Sales and Marketing, effective November 1, 2010. Penovich fills an important vacancy on the MRC management team.
Penovich has thirty years experience leading commercial teams in the railcar industry. He has established relationships with many of Mitsui Rail Capital’s valued partners, and most recently served as Vice President/Executive Director at GATX . While working for GATX, Penovich focused his efforts on leading sales activities and business development. Previously, he held sales positions at Union Tank Car Company and North American Car Company.
“Dan will be a great addition to our leadership team, as his rail industry experience will help MRC deliver the right solutions for our customers,” said John O’Bryan, President of Mitsui Rail Capital. “As the rail market improves, MRC will be focused on growth and investment. Our leadership team will also focus on developing innovative services. Dan’s experience will help us find the optimal strategy to serve our customers and shareholders.”
Penovich and his wife Cindy reside in Naperville where they have lived since 1981. They have two children; Laura, 23 and Mark, 18. Dan's hobbies include golf, collector car trading and travel. He also enjoys watching and attending professional and college sporting events. His favorites are Indiana and Northwestern as well as all of Chicago's professional sports teams.
Chicago-based Mitsui Rail Capital, LLC (MRC) is a leading railcar leasing company, and a fleet management and maintenance services provider to the North American transport market. With a diverse fleet of nearly 10,000 railcars, MRC offers flexible leasing options and a broad suite of railcar operations, mechanical and contractual management services, and rail logistics solutions to meet the increasing demands of the rail shipping community. Founded in 1996, MRC is wholly owned by the world’s leading trading and investment company, Mitsui & Co., LTD, headquartered in Tokyo.
Penovich has thirty years experience leading commercial teams in the railcar industry. He has established relationships with many of Mitsui Rail Capital’s valued partners, and most recently served as Vice President/Executive Director at GATX . While working for GATX, Penovich focused his efforts on leading sales activities and business development. Previously, he held sales positions at Union Tank Car Company and North American Car Company.
“Dan will be a great addition to our leadership team, as his rail industry experience will help MRC deliver the right solutions for our customers,” said John O’Bryan, President of Mitsui Rail Capital. “As the rail market improves, MRC will be focused on growth and investment. Our leadership team will also focus on developing innovative services. Dan’s experience will help us find the optimal strategy to serve our customers and shareholders.”
Penovich and his wife Cindy reside in Naperville where they have lived since 1981. They have two children; Laura, 23 and Mark, 18. Dan's hobbies include golf, collector car trading and travel. He also enjoys watching and attending professional and college sporting events. His favorites are Indiana and Northwestern as well as all of Chicago's professional sports teams.
Chicago-based Mitsui Rail Capital, LLC (MRC) is a leading railcar leasing company, and a fleet management and maintenance services provider to the North American transport market. With a diverse fleet of nearly 10,000 railcars, MRC offers flexible leasing options and a broad suite of railcar operations, mechanical and contractual management services, and rail logistics solutions to meet the increasing demands of the rail shipping community. Founded in 1996, MRC is wholly owned by the world’s leading trading and investment company, Mitsui & Co., LTD, headquartered in Tokyo.