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The latest announcement is out from Mcgrath Rentcorp ( (MGRC) ).
On January 13, 2025, McGrath RentCorp appointed Philip B. Hawkins as the Chief Operating Officer, effective immediately. Hawkins, who has been with the company for over 20 years, has held various leadership roles, most recently as Senior Vice President and Division Manager of Mobile Modular. His promotion is expected to enhance McGrath’s operational leadership as he oversees the Mobile Modular businesses and contributes to the company’s growth strategy. McGrath’s focus on modular solutions and Hawkins’ extensive experience positions the company to expand its market presence and operational efficiencies.
More about Mcgrath Rentcorp
McGrath RentCorp is a leading business-to-business rental company in North America, specializing in modular solutions through its Mobile Modular and Mobile Modular Portable Storage businesses. It also offers electronic test equipment rental solutions via its TRS-RenTelco business. The company focuses on exceptional customer experiences and operates within the circular supply economy, supporting sustainable practices. Headquartered in Livermore, California, McGrath has a strong record of financial success and has consistently increased annual dividends for over 30 years.
YTD Price Performance: 6.85%
Average Trading Volume: 186,601
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.82B
See more insights into MGRC stock on TipRanks’ Stock Analysis page.
