Keith Lovetro will be succeeded by Jennifer Polli on Wednesday.
Keith Lovetro, president and chief executive officer of intermodal marine equipment services provider and chassis lessor TRAC Intermodal, is retiring, effective Tuesday, according to a statement from the company.
Lovetro, who joined TRAC as president and CEO in 2011, is credited with solidifying the company’s position as a leader in the intermodal equipment and services market.
TRAC has appointed Jennifer Polli, currently the senior vice president of pricing and business analytics, to succeed Lovetro, effective Wednesday.
Polli joined the company in 2012 as vice president of business performance analysis and has led multiple business functions at TRAC, including pricing, asset management, marketing and product development.
Prior to her time at TRAC, Polli served as vice president in private equity at Fortress Investment Group, focusing on investments in the transportation sector.
TRAC said in a statement its “current strong financial and operational position makes this an opportune time for a transfer in leadership.”
TRAC CEO retires, SVP gets nod to move up
