Angel Trains’ CFO announces retirement
June 25, 2012
George Lynn, chief financial officer for rolling stock financer Angel Trains, is to retire from the company, having worked there since it was created in 1994.
During his 18-year career at Angel Trains, Lynn, 56, oversaw the company’s inception at the time of British Rail privatisation and has seen worked through three changes of ownership.
More recently, he played a key role in the successful refinancing of the company’s long-term debt.
Malcolm Brown, chief executive, says: ‘George has made an enormous contribution to the company over the years and played a vital role in shaping Angel Trains as the strong business it is today.
‘He was instrumental in the development of Angel Trains in the early years of privatisation and in its growth to become a major rolling stock asset manager in the UK. I would like to take the opportunity to thank him for his hard work and commitment and wish him well in the future.’
Current group financial controller Alan Lowe, 44, will take over as CFO.
Lowe said: ‘I’m taking over at the start of a really exciting and busy period for the company and am looking forward to the challenges ahead.’