August 29, 2016 6:01 AM ET

Trading Companies and Distributors

Company Overview of Herc Rentals Inc.

Company Overview

Herc Rentals Inc. offers equipment rental services. The company provides aerial products, air compressors and tools, climate control products, compaction and paving products, concrete and masonry products, earthmoving products, floor care and surface preparation products, material handling products, power generation products, pumps, and trucks and trailers. Additionally, it offers used equipment, as well as sells online. Herc Rentals Inc. was formerly known as Hertz Equipment Rental Corporation and changed its name to Herc Rentals Inc. in July 2016. The company was founded in 1965 and is based in Bonita Springs, Florida. Herc Rentals Inc. operates as a subsidiary of The Hertz Corporation.

27500 Riverview Center Boulevard

Suite 100

Bonita Springs, FL 34134

United States

Founded in 1965



Key Executives for Herc Rentals Inc.

Chief Executive Officer and President
Age: 59
Chief Financial Officer and Senior Vice President
Age: 57
Chief Operating Officer
Age: 51
Senior Vice President and General Counsel
Age: 64
Chief Information Officer
Age: 56
Compensation as of Fiscal Year 2016.

Herc Rentals Inc. Key Developments

Hertz Equipment Rental Corporation Appoints Elizabeth M. Higashi as Vice President, Investor Relations

Hertz Global Holdings has announced that its Hertz Equipment Rental Corporation business has appointed Elizabeth M. Higashi, CFA, vice president, Investor Relations, as part of preparations for the planned separation of that business as a stand-alone, publicly traded company later this year. Higashi is responsible for all aspects of the company's investor relations program, including serving as the principal contact with the investment community. She reports to Larry H. Silber, president and chief executive officer, and is based in the company's headquarters in Bonita Springs, Fla. Higashi has more than 30 years of experience in financial communications and investor relations with Fortune 500 companies and providing counsel to companies in the financial services, housing, education, media, retail, transportation, chemical, agricultural products, energy and healthcare industries. She was most recently president of Higashi Advisors, LLC and was previously a principal at Sard Verbinnen & Co.

Hertz Equipment Rental Corporation Selects James H. Browning to Board of Directors and Serve as Audit Committee Chairman

James H. Browning, retired partner at KPMG, has been selected to join the board of directors and serve as audit committee chairman for the Hertz Equipment Rental Corporation of Hertz Global Holdings Inc. Retired from KPMG in 2009 and a partner since 1980, Browning served as Southwest area professional practice partner in the company's Houston office. He also served as an SEC reviewing partner and as partner in charge of KPMG's New Orleans audit practice.

Hertz Equipment Rental Corporation Appoints Herbert L. Henkel as Non-Executive Chairman

Hertz Global Holdings Inc. announced the appointment of Herbert L. Henkel as non-executive chairman of Hertz Equipment Rental Corporation. Herbert L. Henkel has been selected for the equipment rental business of as part of preparations for the planned separation of that business as a stand-alone, publicly traded company later this year. Henkel was Ingersoll Rand's chief executive officer from 1999 until his retirement in February 2010, and he served as the company's board chairman from 2000 until June 2010. Henkel has extensive public company board member experience and is currently a director for 3M, where he serves as chairman of the audit committee, The Allstate Corporation and C.R. Bard Inc. He served as lead director on C.R. Bard's board from 2012 through May 2015 and presently serves as chairman of the compensation committee. Previously, Henkel held director positions at AT&T Corp., Visteon Corporation, and Pitney Bowes Inc. In addition to executive positions with Ingersoll Rand, Henkel held several leadership roles at Textron Inc., including president and chief operating officer.

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