Jupiter Wagons Limited announced the appointment of Mr. Mark Damian Stevenson as an Additional Director, effective December 15, 2025. He will serve as a Non-Executive Non-Independent Director and is subject to retirement by rotation, pending shareholder approval. Mr. Stevenson’s extensive experience in the rail industry is expected to contribute to the company’s strategic growth.
New Leadership Addition
Mr. Mark Damian Stevenson has been appointed as an Additional Director to the Board of Directors at Jupiter Wagons Limited, effective December 15, 2025. This decision was made based on the recommendations of the Nomination & Remuneration Committee.
Director Profile
Mr. Stevenson will serve as a Non-Executive Non-Independent Director. The appointment is subject to shareholder approval. He is liable to retire by rotation. He is not related to any existing director on the Board.
Professional Background
Mr. Stevenson, a graduate of the University of Oxford with a degree in Modern Languages, is a Chartered Accountant (ICAEW). He qualified with Price Waterhouse Coopers in 1989. With over three decades of experience, Mr. Stevenson brings extensive leadership skills in European freight railcar leasing, financial management, and large-scale operational changes.
Past Experience
He played a role in developing a Common Debt Platform with a volume exceeding USD 3 Billion. As acting CEO of VTG AG until 2019, he ensured financial stability and stakeholder alignment during a critical transition phase, leading to a share price increase from USD 13.50 to USD 122.00.
Source: BSE