McGrath RentCorp (MGRC)

110.39 -0.28 (-0.25%) At close: 04:00PM EDT

McGrath RentCorp

5700 Las Positas Road
Livermore, CA 94551-7800
United States
925 606 9200
https://www.mgrc.com

Sector(s): Industrials
Industry: Rental & Leasing Services
Full Time Employees: 1,204

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Joseph F. Hanna	President, CEO & Director	1.77M	3.78M	1963
Mr. Keith E. Pratt	Executive VP, CFO & Assistant Corporate Secretary	909.24k	936.19k	1963
Mr. Philip B. Hawkins	Senior VP & Division Manager of Mobile Modular	590.17k	275.16k	1976
Ms. Kristina Van Trease-Whitney	Senior VP & Chief Strategy Officer	602.27k	364.16k	1970
Mr. David M. Whitney CPA	VP, Corporate Controller & Principal Accounting Officer	N/A	N/A	1965
Ms. Tara Wescott	Vice President of Human Resources	N/A	N/A	1974
Mr. John P. Skenesky	VP & Division Manager of TRS-RenTelco	440.98k	540.35k	1967

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Portable Storage segment offers steel containers to provide a temporary storage solution. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.

Corporate Governance

McGrath RentCorp’s ISS Governance QualityScore as of April 1, 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.