CAI International, Inc. announced that on June 12, 2020, Timothy Page, the Company’s Chief Financial Officer, was appointed Executive Vice President and Interim President to succeed Victor Garcia. On June 14, 2020 Garcia submitted his resignation as a member of the Company’s Board, and Page was subsequently appointed by the Board to fill the vacated seat until the next annual meeting, at which time the Board has recommended to the shareholders that Page be elected to the Board.