McGrath RentCorp Announces New COO to Lead Operations

McGrath RentCorp Welcomes Philip B. Hawkins as COO

McGrath RentCorp, a prominent player in the business-to-business rental sector in North America, has officially announced the appointment of Philip B. Hawkins as the new Chief Operating Officer (COO). This strategic decision signifies a key step in the company’s journey towards enhancing its operational frameworks and driving future growth.

Leadership Transition Highlighted by CEO Joe Hanna

In a statement, Joe Hanna, the CEO of McGrath, expressed his enthusiasm about Hawkins taking on this essential role. He remarked, “I am very pleased to announce the promotion of Phil Hawkins to the position of Chief Operating Officer (COO). In this role, Phil will continue to oversee our Mobile Modular businesses, while expanding his focus to broaden operational responsibilities across all divisions of McGrath.”

This transition is marked by significant trust placed in Hawkins due to his extensive experience and comprehensive understanding of the industry. “McGrath is fortunate to have Phil as a key leader with deep industry knowledge. For over 20 years with McGrath, especially during the last 15 years leading our Mobile Modular division, he has consistently delivered results,” said Hanna.

Philip Hawkins: A Proven Track Record

Before assuming the role of COO, Hawkins served as the Senior Vice President and Division Manager for Mobile Modular, where he also managed Enviroplex, Inc., and Kitchens to Go by Mobile Modular. His previous experience includes a role as Vice President and Division Manager of Mobile Modular from 2011 to 2021 and overseeing TRS-RenTelco from 2007 to 2011.

With a rich background in corporate financial planning and analysis, Hawkins brings considerable expertise to the executive team. His educational accomplishments include B.S. degrees in Accounting, Finance, and Computer Information Systems from Arizona State University, equipping him with a well-rounded foundation for leadership within McGrath.

McGrath RentCorp: A Strong Legacy in Rental Solutions

Founded in 1979, McGrath RentCorp has established itself as a leader in the business-to-business rental industry across North America. The company excels in providing modular solutions through its Mobile Modular and Mobile Modular Portable Storage segments. In addition, its business, TRS-RenTelco, caters to clients with electronic test equipment rental solutions.

The offerings from McGrath extend beyond mere rentals; they embody a commitment to sustainability and efficiency. Customers benefit from services that contribute to the circular supply economy, reinforcing McGrath's dedication to reducing environmental footprints while enhancing operational effectiveness.

Commitment to Growth and Shareholder Value

McGrath's business model is not only focused on profitability but also emphasizes exceptional customer experiences leading to long-term financial success. The company proudly boasts over 30 consecutive years of dividend increases, marking its commitment to delivering value to shareholders.

The Future Under Phil Hawkins' Leadership

With Phillip B. Hawkins stepping into the role of COO, McGrath RentCorp is geared towards embarking on a new phase of growth. The leadership team is confident that Hawkins will be instrumental in driving further advancements, fostering partnerships both internally and externally, and continuing the trend of success that defines McGrath.

With a solid foundation and a visionary leader at the helm, McGrath RentCorp is poised to not only maintain its position in the market but also expand its influence across the rental industry, paving the way for innovation and enhanced service delivery.

Frequently Asked Questions

1. Who is the new Chief Operating Officer of McGrath RentCorp?

Philip B. Hawkins has been appointed as the Chief Operating Officer (COO) of McGrath RentCorp.

2. What are Philip Hawkins' previous roles in McGrath?

Prior to becoming COO, Hawkins was a Senior Vice President and Division Manager for Mobile Modular and had other leadership roles within the company.

3. What does McGrath RentCorp specialize in?

McGrath RentCorp specializes in business-to-business rental solutions, focusing on modular services and electronic test equipment rentals.

4. How long has McGrath RentCorp been in operation?

McGrath RentCorp was founded in 1979, making it over four decades old.

5. What is McGrath RentCorp’s commitment to shareholders?

The company is committed to enhancing shareholder value, having a track record of over 30 consecutive years of increasing dividends.

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