Porterbrook appoints Mark Wyborn as Head of Freight Commercial

6 May 2021 | Porterbrook

Porterbrook, the rolling stock owner and asset manager, today announced the appointment of Mark Wyborn as its new Head of Freight Commercial.

Mark will be responsible for developing Porterbrook's first dedicated freight strategy, as well as building strong commercial partnerships with existing Freight Operating Companies, new market entrants and Network Rail.
 
Mark joins Porterbrook from GB Railfreight where he held a number of senior customer-facing and commercial positions. Prior to this he worked in operational roles at both Network Rail and Southern Railway.

Stefan Rose, Porterbrook's designate Chief Investment Officer, said:
“I welcome Mark to my new team. His appointment confirms Porterbrook's renewed and longterm commitment to railfreight, one of the great success stories of privatisation. 

"We are looking to invest £1bn in Britain's railway over the coming years. Mark will be looking to partner with freight operators so that they can share in Porterbrook's ambitious growth plans."

Mark Wyborn, Porterbrook’s designate Head of Freight Commercial, said: "I am very pleased to be joining market leader Porterbrook at this very exciting time for both railfreight and our industry. 

“Porterbrook will support the ambitious growth plans of Freight Operating Companies by financing new and improved assets, tailored to market needs. These will allow our railfreight customers to play a greater part in the Green Recovery.”

Mark joined Porterbrook on Tuesday 4th May.

Notes to Editors

Media Contacts

Porterbrook Leasing
Rupert Brennan Brown, Director of Stakeholder Engagement Rupert@porterbrook.co.uk or +44 (0)7973 950 923

Financial or corporate PR enquiries can also be directed to:

Portland Communications

Simon Evans, Partner - Simon.Evans@Portland-Communications.com 

Richard Brooks, Consultant - Richard.Brooks@Portland-Communications.com or +44 (0)7740 858477


About Porterbrook
• Porterbrook has been at the heart of the UK rail network for over 25 years and currently owns almost a third of the national passenger rail fleet
• The company currently has around 4,000 vehicles on lease or on order. Since privatisation, it has invested £3bn in 2,500 new passenger and freight vehicles, and is aiming to invest over £1bn in UK rail over the coming years
• Porterbrook works with a significant number of UK companies across the rail supply chain, investing £3 million per week and supporting around 7,000 UK jobs
• The company is also spending tens of millions of pounds in a significant upgrade of its fleets to reduce carbon emissions and improve air quality over the coming years
• Porterbrook employs over 150 people of which three quarters are engineers and project managers. In addition, over a third of the company’s workforce is female including a number of our executive team which compares favourably to the UK rail industry average of 16% (source: Women In Rail)
• In October 2014, the Porterbrook Group of companies was acquired by a consortium of investors including Alberta Investment Management Corporation (“AIMCo”), Allianz Capital Partners (“ACP”) on behalf of certain insurance companies of the Allianz Group, EDF Invest and a consortium of Utilities Trust of Australia (“UTA”), The Infrastructure Fund (“TIF”) and Royal Bank of Scotland Group Pension Fund (“RBS”)
 

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