CIT Group appointed Randy Kaploe to the senior leadership team of CIT’s Rail division.
Kaploe joined as senior vice president and will lead the Rail division’s sales efforts along the U.S. Gulf Coast, in Mexico and in Western Canada. In addition, he assumed responsibility for managing sales involving the plastic hopper and tank car leasing platforms. Kaploe succeeded Jeff Lytle, who became president of the Rail unit in April.
“I am excited to welcome Randy to the Rail team,” Lytle said. “With more than two decades of experience in the railcar industry, he has the skills and the background to hit the ground running and immediately begin developing solutions and delivering value to our current and future customers.”
Kaploe came to CIT from Trinity Rail, where he was most recently employed as sales director. He also has served as a senior account manager, portfolio manager and quality leader at GE Capital Rail Services.
CIT’s Rail division offers railcar leasing and equipment financing solutions to rail shippers and carriers across North America.
