Throughout his career at GATX, Brian A. Kenney had substantial holdings in GATX stock, but significant fluctuations characterized these investments. In 2021, he exercised stock options resulting in a realized value of about $4.6 million. However, by 2022, his position...
Throughout his career at GATX, Brian A. Kenney had substantial holdings in GATX stock, but significant fluctuations characterized these investments. In 2021, he exercised stock options resulting in a realized value of about $4.6 million. However, by 2022, his position changed dramatically when all his stock grants were forfeited due to his impending retirement, indicating the volatility often associated with holding company stock. Despite seeing most of his wealth tied to GATX shares during his leadership, the changes around his retirement highlight the risks executives face. In recent years, on average, his wealth linked to stocks fluctuated heavily, showing how critical timing is in the world of executive investments. This is a reminder that holding equity can lead to both significant wealth and exposure to risk as companies evolve.