Trac Intermodal has announced that company president and chief executive officer Keith Lovetro has retired and is being succeeded by Jennifer Polli.

Lovetro had been in the position since joining Trac Intermodal in 2011 and was credited with solidifying the company’s position in the intermodal equipment and services sector.

Polli has also been with Trac for several years, operating as a member of the company’s executive leadership team. She led multiple business functions at Trac, including pricing, asset management, marketing, and product development.

Prior to working at Trac, Polli was vice president in private equity at Fortress Investment Group, focusing on investments in the transportation sector. She served as a managing director at FTI Consulting, where she provided financial and operational advisory services to transportation and retail companies. She holds an MBA in Finance from New York University and a B.A. from Tufts University.