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CIT Adds Kaploe to Rail Division Senior Leadership Team

June 20, 2018, 07:25 AM

CIT Group Inc. announced the appointment of Randy Kaploe to the senior leadership team of CIT’s Rail division.

Kaploe joins 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 assumes responsibility for managing sales involving the plastic hopper and tank car leasing platforms. Kaploe succeeds 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 comes to CIT from Trinity Rail, where he was most recently employed as sales director. He has also served as a senior account manager, portfolio manager and quality leader at GE Capital Rail Services. He is a veteran of the U.S. Army, in which he served as a commissioned officer, and is a member of the Midwest Association of Rail Shippers and the Chicago Traffic Club.

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