Deasy named Chicago Freight Car Leasing president

Chicago Freight Car Leasing said Tuesday Paul B. Deasy has been promoted to president of the company. Deasy will oversee all day-to-day activities and work with the company’s executive team of future strategic decisions.

Deasy, who most recently was director of sales and business development, joined the company in 2006.

"We are extremely excited over the direction that Chicago Freight Car has taken. The decision for Paul to become the first non-family member president comes at a time when we are seeing a tremendous amount of opportunity to expand the Chicago Freight business,” said Chairman and CEO Fred Sasser. “Paul has provided exceptional commercial leadership and strengthened our focus on being the premier provider of full service railcar leasing solutions in the market segments we serve through initiatives to exceed our customers’ expectations. Paul has a true passion for the business and the knowledge that it takes to lead us in this continually evolving marketplace.”

Said Deasy, “I’m honored at the opportunity that has been given me.” He added, “Our primary goal will not change, which is to grow our business, but to always treat each customer as a valued partner.”