Lorie L. Tekorius
CEO, President, and Board Member at GGreenbrier Companies Inc
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 Inc
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 Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary (Actual Earned) | $933,333 | Prorated for fiscal year | Annualized salary of $950,000 with a 6% increase from 2023 |
| NQDC Plan Contributions | $158,128 | As reported | Discretionary employer contributions under the NQDC plan |
| 401(k) Matching Contributions | $13,200 | As reported | Employer matching contributions under the 401(k) plan |
| Life Insurance Premiums | $14,900 | As reported | Life insurance premiums |
Performance Compensation
Data from FY 2024
Annual Cash Bonus
| Metric | Threshold | Target | Maximum | Weight | Actual Achievement | Payout 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 Goals | N/A | N/A | N/A | 20% | 127.0% of target | N/A |
Bonus Payout (Annual Cash Bonus): $1,786,455
Performance-Based RSUs
| Detail | Information |
|---|---|
| Grant Date | October 18, 2023 |
| Grant Date Fair Value | $2,235,734 |
| Metrics & Weights | EBITDA: 60% , ROIC: 20% , rTSR: 20% |
| Vesting Schedule | Vest over a three-year performance period |
| Share Quantity Targets | Threshold: 24,720 shares , Target: 49,439 shares , Maximum: 98,878 shares |
| Payout Factor | Ranges from 0% to 200% based on achievement |
| Evaluation Period | Fiscal 2024 performance to determine vesting |