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July 07, 2015 5:02 AM ET

Trading Companies and Distributors

Company Overview of Hertz Equipment Rental Corporation

Company Overview

Hertz Equipment Rental Corporation provides daily, weekly, monthly, and long-term industrial and construction equipment rental services. It offers products that range from small hand held tools and supplies to earthmoving equipment, and trucks and trailers; and aerial, air, compaction, paving, concrete, masonry, earthmoving, electrical, material handling, general, lawn and garden, pumping, and safety equipment. The company also provides new and used equipment for sale. It offers products on rent for construction, industrial, energy, pumping, entertainment, and homeowner needs and services. The company was founded in 1965 and is based in Park Ridge, New Jersey. It has locations in Alabama, Ar...

225 Brae Boulevard

Park Ridge, NJ 07656-0713

United States

Founded in 1965





Key Executives for Hertz Equipment Rental Corporation

Chief Executive Officer and President
Age: 59
Chief Operating Officer
Age: 50
Chief Information Officer
Chief Human Resources Officer
Acting General Manager of Advantage Rent-a-Car
Compensation as of Fiscal Year 2015.

Hertz Equipment Rental Corporation Key Developments

The Hertz Corporation In Exclusive Negotiations With Loxam Group For Potential Acquisition Of The France And Spain Businesses Of Hertz Equipment Rental Corporation

Hertz Global Holdings, Inc. (NYSE:HTZ) announced it has entered into exclusive negotiations with Loxam, SA for the potential acquisition of the France and Spain businesses of Hertz Equipment Rental Corporation through the transfer of the entire share capital of Hertz Equipement France Sas and Hertz Alquiler de Maquinaria, S.L. As part of the process, Hertz Global and Loxam are each consulting with their respective Works Councils in France. The proposed transaction remains subject to receipt of the requisite works council opinions, the signing of the sale agreements and obtaining required corporate and regulatory approvals. Terms of the potential share purchase have not been disclosed.

Hertz Equipment Rental Corporation Appoints Richard Marani as Chief Information Officer

Hertz Global Holdings Inc. announced that its Hertz Equipment Rental Corporation (HERC) subsidiary has named IT veteran Richard Marani as its Chief Information Officer (CIO), reporting to Larry Silber, President and CEO of HERC. Mr. Marani joins HERC as part of its preparation for its separation from Hertz as a stand-alone company. Mr. Marani has more than 30 years of IT experience across industrial products, construction equipment, aerospace, and information technology businesses. As HERC CIO, Mr. Marani will ensure that the Company has the proper technologies and systems in place to support the planned separation and future growth. Mr. Marani began his career at General Electric, transitioning into IT and going on to become an Information Technology Leader. Following a successful role at United Technologies, Mr. Marani joined Ingersoll Rand Corporation in 2002 as Vice President of IT, where he was responsible for the development and implementation of global IT strategies.

Hertz Equipment Rental Corporation Appoints Bruce Dressel as Chief Operating Officer

Hertz Global Holdings Inc. announced that its Hertz Equipment Rental Corporation(HERC) has named Bruce Dressel as Chief Operating Officer (COO) of HERC. Mr. Dressel, who will report to Larry Silber, HERC President and CEO, is a key addition to HERC's senior management team as it prepares to be separated from Hertz as a stand-alone company. As COO of HERC, Mr. Dressel will focus on leading the sales and operations teams and driving growth in North America.

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