Olivier Ghesquiere, one of Textainer Group Holdings' top brass, has been appointed chief executive following the retirement of Philip Brewer.

The US box lessor announced today that Brewer has stepped down after 22 years of service, the last seven as president and CEO following finance, risk and resale posts.

Ghesquiere, formerly executive vice president of leasing, has also joined Textainer's board of directors as a class II director as of Monday.