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Herc Holdings Inc. Announces Election of Two New Independent Directors to its Board of Directors

  • Herc Holdings, Inc. elected John Olin & Patrick Shannon as new independent directors effective Jan. 1, 2026.
  • Olin currently serves as executive vice president & chief financial officer at Westinghouse Air Brake Technologies Corporation.
  • Shannon is the former senior vice president & chief financial officer at Allegion plc.
  • Both Olin & Shannon will serve on the Company's audit committee.
  • The Board will temporarily expand from eight to 10 members, then reduce to nine after James Browning retires in May 2026.
  • Browning is the current audit committee chair retiring in accordance with the Board's director retirement policy.
  • The elections are part of the Company's Board succession planning process.
  • Board members stated the new directors bring decades of experience in delivering growth & financial expertise to accelerate sustainable, profitable growth.
  • Herc Holdings operates through Herc Rentals Inc. with 612 locations across North America & 2024 pro forma revenues of approximately $5.1 billion.