On January 29, 2024, James A. Bodi stepped down from his position as a member of the Board of Directors of Triton International Limited, effective immediately. Mr. Bodi became a member of the Board on September 28, 2023 in connection with the closing of the Company?s acquisition by Brookfield Infrastructure, and his resignation was not due to any disagreements with the Company on any matter relating to the Company?s operations, policies or practices.
Also on January 29, 2024, the Board appointed Roderick Romeo to serve as a director on the Board, effective immediately, filling the vacancy created by and concurrent with the resignation of Mr. Bodi from the Board. Mr. Romeo, a Bermuda resident, also serves as President and a director of the Company?s Bermuda subsidiary Triton Container International Limited (?TCIL?). Mr. Romeo is compensated as an employee of TCIL and will not receive any additional compensation for his service on the Board. The Company intends to enter into the Company?s standard form of indemnification agreement for directors and certain officers with Mr. Romeo.