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McGrath RentCorp (MGRC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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77.72+1.72 (+2.26%)
At close: 04:00PM EDT
77.72 0.00 (0.00%)
After hours: 04:03PM EDT
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McGrath RentCorp

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

Sector(s)Industrials
IndustryRental & Leasing Services
Full Time Employees1,184

Key Executives

NameTitlePayExercisedYear Born
Mr. Joseph F. HannaPres, CEO & Director1.42M1.98M1963
Mr. Keith E. PrattExec. VP & CFO794.44k407.51k1963
Ms. Melodie CraftVP of Legal Affairs & Risk Management and Corp. Sec.495.13kN/A1976
Mr. Philip B. HawkinsSr. VP & Division Mang. of Mobile Modular543.81k505.95k1976
Ms. Kristina Van Trease-WhitneySr. VP of Strategy and Bus. Devel.425.66k387.1k1970
Mr. David M. WhitneyVP, Corp. Controller & Principal Accounting OfficerN/AN/A1965
Ms. Tara WescottVP of HRN/AN/A1974
Mr. John P. SkeneskyVP & Division Mang. of TRS-RenTelcoN/AN/A1967
Amounts are as of December 31, 2020 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, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, 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; and portable storage containers. 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 Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. 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 headquartered in Livermore, California.

Corporate Governance

McGrath RentCorp’s ISS Governance QualityScore as of May 1, 2022 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 3.

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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