Herc Holdings Management

Management criteria checks 3/4

Herc Holdings' CEO is Larry Silber, appointed in May 2015, has a tenure of 8.92 years. total yearly compensation is $6.12M, comprised of 15.8% salary and 84.2% bonuses, including company stock and options. directly owns 0.72% of the company’s shares, worth €29.04M. The average tenure of the management team and the board of directors is 4.3 years and 7.8 years respectively.

Key information

Larry Silber

Chief executive officer

US$6.1m

Total compensation

CEO salary percentage	15.8%
CEO tenure	8.9yrs
CEO ownership	0.7%
Management average tenure	4.3yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Larry Silber's remuneration changed compared to Herc Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$345m
Dec 31 2023	US$6m	US$967k	US$347m
Sep 30 2023	n/a	n/a	US$354m
Jun 30 2023	n/a	n/a	US$342m
Mar 31 2023	n/a	n/a	US$339m
Dec 31 2022	US$6m	US$972k	US$330m
Sep 30 2022	n/a	n/a	US$304m
Jun 30 2022	n/a	n/a	US$275m
Mar 31 2022	n/a	n/a	US$249m
Dec 31 2021	US$6m	US$947k	US$224m
Sep 30 2021	n/a	n/a	US$188m
Jun 30 2021	n/a	n/a	US$155m
Mar 31 2021	n/a	n/a	US$110m
Dec 31 2020	US$4m	US$961k	US$74m
Sep 30 2020	n/a	n/a	US$73m
Jun 30 2020	n/a	n/a	US$43m
Mar 31 2020	n/a	n/a	US$51m
Dec 31 2019	US$4m	US$908k	US$48m
Sep 30 2019	n/a	n/a	US$46m
Jun 30 2019	n/a	n/a	US$83m
Mar 31 2019	n/a	n/a	US$73m
Dec 31 2018	US$5m	US$851k	US$69m
Sep 30 2018	n/a	n/a	US$250m
Jun 30 2018	n/a	n/a	US$217m
Mar 31 2018	n/a	n/a	US$189m
Dec 31 2017	US$4m	US$840k	US$160m

Compensation vs Market: Larry's total compensation ($USD6.12M) is above average for companies of similar size in the German market ($USD2.56M).

Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.

CEO

Larry Silber (66 yo)

8.9yrs

Tenure

US$6,117,875

Compensation

Mr. Lawrence H. Silber, also known as Larry, serves as an Independent Director of Hayward Holdings, Inc. since November 2019. Mr. Silber has been the Chief Executive Officer and President at Herc Rentals I...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lawrence Silber	President	8.9yrs	US$6.12m	0.72% $ 29.0m
W. Humphrey	Senior VP & CFO	1.1yrs	US$1.60m	0.082% $ 3.3m
Aaron Birnbaum	Senior VP & COO	4.3yrs	US$2.30m	0.17% $ 6.7m
Tamir Peres	Senior VP & Chief Information Officer	6.6yrs	US$1.91m	0.13% $ 5.3m
Christian Cunningham	Senior VP & Chief Human Resources Officer	7.8yrs	US$1.63m	0.19% $ 7.6m
Mark Schumacher	VP, Chief Accounting Officer & Controller	1.1yrs	no data	0.0081% $ 324.7k
Leslie Hunziker	Senior Vice President of Investor Relations & Communications	1.5yrs	no data	no data
Samuel Sheek	Senior VP	4.4yrs	no data	0.083% $ 3.3m

4.3yrs

Average Tenure

53yo

Average Age

Experienced Management: H9B1's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lawrence Silber	President	8.3yrs	US$6.12m	0.72% $ 29.0m
Jean Holley	Independent Director	6.7yrs	US$228.90k	0.012% $ 488.7k
Patrick Campbell	Independent Non-Executive Chairman of the Board	7.8yrs	US$389.00k	0.024% $ 968.6k
Shari Burgess	Independent Director	3.3yrs	US$228.90k	0% $ 0
Rakesh Sachdev	Independent Director	2.3yrs	US$228.57k	0% $ 0
Michael Kelly	Independent Director	7.8yrs	US$243.90k	0.058% $ 2.3m
James Browning	Independent Director	7.8yrs	US$253.90k	0.025% $ 1.0m

7.8yrs

Average Tenure

66yo

Average Age

Experienced Board: H9B1's board of directors are considered experienced (7.8 years average tenure).

Herc Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Senior VP & Chief Information Officer recently sold €518k worth of stock

President recently sold €2.8m worth of stock

Insufficient new directors

President recently sold €480k worth of stock

Senior VP & CFO recently sold €523k worth of stock

High number of new directors

Recent updates

First quarter 2024 earnings released: EPS: US$2.30 (vs US$2.31 in 1Q 2023)

Herc Holdings Inc. to Report Q1, 2024 Results on Apr 23, 2024

Senior VP & Chief Information Officer recently sold €518k worth of stock

President recently sold €2.8m worth of stock

Herc Holdings Inc. Provides Revenue Guidance for the Year 2024

Herc Holdings Inc. Provides Revenue Guidance for the Year 2024

Full year 2023 earnings released: EPS: US$12.18 (vs US$11.15 in FY 2022)

Upcoming dividend of US$0.67 per share at 1.7% yield

Third quarter dividend of US$0.67 announced

Herc Holdings Inc. to Report Q4, 2023 Results on Feb 13, 2024

Insufficient new directors

Herc Holdings Inc. Declares Regular Quarterly Dividend, Payable on December 26, 2023

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: US$3.99 (vs US$3.41 in 3Q 2022)

Herc Holdings Inc. to Report Q3, 2023 Results on Oct 24, 2023

President recently sold €480k worth of stock

Herc Holdings Inc. Declares Quarterly Dividend, Payable on September 1, 2023

Second quarter 2023 earnings released: EPS: US$2.68 (vs US$2.42 in 2Q 2022)

Herc Holdings Inc. to Report Q2, 2023 Results on Jul 25, 2023

Investor sentiment improves as stock rises 19%

Upcoming dividend of US$0.63 per share at 2.4% yield

First quarter 2023 earnings released: EPS: US$2.31 (vs US$1.96 in 1Q 2022)

Investor sentiment deteriorates as stock falls 21%

Full year 2022 earnings released: EPS: US$11.15 (vs US$7.57 in FY 2021)

Upcoming dividend of US$0.63 per share at 1.6% yield

Herc Holdings Inc. Increases Quarterly Dividend, Payable on March 9, 2023

Herc Holdings Inc. to Report Q4, 2022 Results on Feb 14, 2023

Senior VP & CFO recently sold €523k worth of stock

The Herc Holdings Inc. Declares Quarterly Dividend, Payable on December 27, 2022

High number of new directors

Herc Holdings Inc. Appoints Leslie Hunziker as Senior Vice President, Investor Relations and Communications

Now 21% undervalued

Third quarter 2022 earnings released: EPS: US$3.41 (vs US$2.44 in 3Q 2021)

Herc Holdings Inc. to Report Q3, 2022 Results on Oct 20, 2022

Herc Holdings Inc. Declares Quarterly Dividend, Payable on September 2, 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$2.42 (vs US$1.59 in 2Q 2021)

Herc Holdings Inc. to Report Q2, 2022 Results on Jul 21, 2022

Investor sentiment deteriorated over the past week

High number of new directors

Herc Holdings Inc. Elects Steven D. Miller as Director

Herc Holdings Inc. Declares Quarterly Dividend, Payable on June 10, 2022

First quarter 2022 earnings released: EPS: US$1.96 (vs US$1.12 in 1Q 2021)

High number of new directors

First quarter 2022 earnings released: EPS: US$1.96 (vs US$1.12 in 1Q 2021)

Now 23% undervalued after recent price drop

Now 24% undervalued after recent price drop

Upcoming dividend of US$0.57 per share

Herc Holdings Reports Impairment for the Quarter Ended December 31, 2021

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Herc Holdings Inc. Increases Quarterly Dividend, Payable on March 10, 2022

High number of new directors

Third quarter 2021 earnings released: EPS US$2.44 (vs US$1.37 in 3Q 2020)

Investor sentiment improved over the past week

Herc Holdings Inc. (NYSE:HRI) acquired Dwight Crane Ltd. and its U.S. affiliate, LRX .

Herc Holdings Inc. (NYSE:HRI) completed the acquisition of Substantially All Assets of CBS Rental & Supply LLC.

Herc Holdings Inc. (NYSE:HRI) entered a purchase agreement to acquire Substantially All Assets of CBS Rental & Supply LLC.

Second quarter 2021 earnings released: EPS US$1.59 (vs US$0.069 in 2Q 2020)

Herc Holdings Reports Impairment for the Second Quarter Ended June 30, 2021

Herc Holdings Inc.(NYSE:HRI) dropped from Russell 3000E Value Index

Senior VP & Chief Information Officer recently sold €367k worth of stock

President recently sold €2.3m worth of stock

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$1.12 (vs US$0.13 loss in 1Q 2020)

Insider recently sold €102k worth of stock

Insider recently sold €262k worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$2.53 (vs US$1.66 in FY 2019)