PORTLAND, Ore., September 25, 2025 — Effective August 29, Keith Andersen has joined PNW Railcars, Inc. (PNWR), a subsidiary of Mitsubishi HC Capital Inc., as Chief Commercial Officer. In his new role, Mr. Andersen will be responsible for driving revenue growth and strengthening operations to elevate the customer experience across all service areas.
Mr. Andersen brings more than 30 years of experience in railcar leasing and operations, with expertise spanning the full range of railcar asset types. Prior to joining PNWR, he served as Senior Vice President of Sales for Wells Fargo – First Union Rail. He spent the majority of his distinguished career in senior leadership roles, most notably as Executive Director of Sales and Leasing at Wells Fargo Rail and its predecessor organizations.
PNWR CEO Andy Vestergaard commented, “We are thrilled to bring Keith on board at PNW Railcars. Keith’s industry experience and long track record of commercial leadership will be a great benefit to us and our customers.”
Mr. Andersen holds an M.B.A. from Lake Forest Graduate School of Management and will be based out of Chicago, IL.