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Lorie L. Tekorius

CEO, President, and Board Member at GREENBRIER COMPANIES
Board
Since March 2022
Age
57 years
Tenure
Has been with GBX since 1995, serving in various management roles including Executive Vice President, CFO, COO, President (since August 2019), and CEO and Board Member (since March 2022).

Also at GREENBRIER COMPANIES

BJC
Brian J. Comstock
EVP and President, The Americas
CML
Christian M. Lucky
SVP, Chief Legal & Compliance Officer, and Corporate Secretary
LD
Laurie Dornan
SVP and Chief Human Resources Officer

About

Lorie L. Tekorius has been a pivotal part of GBX since 1995, contributing to the company’s growth and establishing a strong record of leadership over nearly three decades.

Throughout her tenure, she has advanced through a variety of roles, beginning with various management positions and later serving as Executive Vice President and Chief Financial Officer, followed by a key leadership role as Chief Operating Officer.

In recent years, her promotion to President in August 2019 and subsequently to CEO and Board Member in March 2022 has underscored her strategic influence and operational expertise, positioning her as a driving force behind the company’s continued success.

$GBX Performance Under Lorie L. Tekorius

Past Roles

Organization Role Date Range Details
Greenbrier Companies (GBX) President and Chief Operating Officer N/A Led strategic planning, maintenance, management services, and corporate functions prior to current role
Greenbrier Companies (GBX) Executive Vice President and Chief Financial Officer 2016 (appointment) Recognized as Oregon's 2017 CFO of the Year
Greenbrier Companies (GBX) Executive Vice President and Chief Operating Officer N/A Held prior to becoming CEO

External Roles

Organization Role Date Range Details
Alamo Group, Inc. Board of Directors Member (sits on Audit and Nominating and Corporate Governance Committees) N/A Active role outside GBX

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary (Actual Earned)$933,333 Prorated for fiscal yearAnnualized salary of $950,000 with a 6% increase from 2023
NQDC Plan Contributions$158,128 As reportedDiscretionary employer contributions under the NQDC plan
401(k) Matching Contributions$13,200 As reportedEmployer matching contributions under the 401(k) plan
Life Insurance Premiums$14,900 As reportedLife insurance premiums

Performance Compensation

Data from  FY 2024

Annual Cash Bonus

MetricThresholdTargetMaximumWeightActual AchievementPayout Percentage
Company EPS$2.25 $3.30 $5.00 40% $4.96 166.4%
Company EBITDA$250M $355M $530M 40% $451.1M 166.4%
Strategic GoalsN/AN/AN/A20% 127.0% of target N/A

Bonus Payout (Annual Cash Bonus): $1,786,455

Performance-Based RSUs

DetailInformation
Grant DateOctober 18, 2023
Grant Date Fair Value$2,235,734
Metrics & WeightsEBITDA: 60% , ROIC: 20% , rTSR: 20%
Vesting ScheduleVest over a three-year performance period
Share Quantity TargetsThreshold: 24,720 shares , Target: 49,439 shares , Maximum: 98,878 shares
Payout FactorRanges from 0% to 200% based on achievement
Evaluation PeriodFiscal 2024 performance to determine vesting