Herc Holdings Inc. announced that its board of directors has elected Rakesh Sachdev to serve as a director on the board, effective December 2, 2021. Mr. Sachdev is former chief executive officer of two publicly held corporations: Platform Specialty Products, a global specialty chemicals business, and Sigma Aldrich, an S&P 500 life sciences and biotechnology firm. Currently a senior advisor with New Mountain Capital, Mr. Sachdev also served in the past as a board member and chairman of the Federal Reserve Bank of St. Louis. The company also announced the retirement of Mary Pat Salomone from the board, effective December 2, 2021.
Herc Holdings Inc. is an equipment rental supplier. The Company offers a portfolio of equipment for rent. In addition to its principal business of equipment rental, the Company sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provides repair, maintenance, equipment management services and safety training to certain of its customers; offers equipment re-rental services and provides on-site support to its customers, and provides ancillary services such as equipment transport, rental protection, cleaning, refueling and labor. Its fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. Its ProContractor business focuses on professional-grade tools and equipment, and offers industry-specific solutions-based services, which include power generation, climate control, remediation and restoration, pumps, trench shoring, studio and production equipment.
HERC HOLDINGS INC. 
