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H&E Equipment Services, Inc. (HEES)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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35.18+0.25 (+0.72%)
At close: 04:00PM EDT
35.18 0.00 (0.00%)
After hours: 04:01PM EDT
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H&E Equipment Services, Inc.

7500 Pecue Lane
Baton Rouge, LA 70809
United States
225 298 5200
https://www.he-equipment.com

Sector(s)Industrials
IndustryRental & Leasing Services
Full Time Employees2,157

Key Executives

NameTitlePayExercisedYear Born
Mr. John Martindale EngquistExec. Chairman1.8MN/A1954
Mr. Bradley W. BarberCEO & Director1.51MN/A1973
Mr. John McDowell EngquistPres & COO780.87kN/A1979
Ms. Leslie S. MageeCFO & Sec.858.12kN/A1968
Mr. Jeffrey L. ChastainVP of Investor RelationsN/AN/AN/A
Mr. Dale W. RoesenerVP of Aerial Work PlatformsN/AN/A1958
Amounts are as of December 31, 2021 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

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

Corporate Governance

H&E Equipment Services, Inc.’s ISS Governance QualityScore as of July 31, 2022 is 8. The pillar scores are Audit: 5; Board: 9; Shareholder Rights: 5; Compensation: 6.

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.
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