Bermudian-based Triton International Limited, the world’s largest lessor of intermodal freight containers, has appointed Michael Pearl as chief financial officer, effective January 1.

At present he serves as Triton’s senior vice-president, treasurer. Mr Pearl will succeed John Burns, who is to retire at the end of the year after more than 25 years with Triton.

Mr Pearl joined Triton in 2009 and has led the company’s treasury function since 2016.

With a container fleet of more than seven million 20ft-equivalent units, Triton’s global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.