On February 11, 2021, the Board of Directors of CAI International, Inc. promoted David Morris to Vice President, Chief Accounting Officer, and also designated Mr. Morris as the Company’s principal accounting officer for SEC reporting purposes. Mr. Morris, age 54, has served as the company's Vice President, Finance and Corporate Controller since May 2011. From 2008 to 2011, Mr. Morris served as Senior Director, Finance, and prior to that as Director, SEC Reporting, of Celera Corporation.