Herc Holdings Inc. announced Monday that Erik Olsson has joined the board of directors, expanding the nine-member board from eight. Olsson will serve on the audit committee, bringing executive experience from public and private equity-owned equipment rental firms.
Herc Rentals, a subsidiary of Herc Holdings which trades on the NYSE under the ticker HRI, reported approximately $4.4 billion in total revenue for 2025. The company operates 607 locations across North America and employs roughly 10,000 people, providing aerial equipment, earthmoving machinery, material handling systems, trucks, trailers, air compressors, and compaction equipment.
Olsson’s background includes serving as CEO of Mobile Mini during its merger with WillScot, as well as leadership roles at RSC Holdings, where he held positions including president, CEO, COO, CFO, and board member before the company was acquired by United Rentals. He also served as chairman of Ritchie Bros. and held a board position at Dometic. Olsson holds a degree in business administration and economics from the University of Gothenburg in Sweden.
Patrick Campbell, chairman of Herc Holdings’ board, said the appointment strengthens the board’s industry expertise. "His proven leadership across both public and private equity-owned companies, combined with his direct industry experience, will bring valuable insight to the Board," Campbell stated.
