McGrath RentCorp Management
Management criteria checks 2/4
McGrath RentCorp's CEO is Joe Hanna, appointed in Feb 2017, has a tenure of 7.33 years. total yearly compensation is $4.77M, comprised of 16.8% salary and 83.2% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth €17.06M. The average tenure of the management team and the board of directors is 5.7 years and 6.9 years respectively.
Key information
Joe Hanna
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 16.8% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.7yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$123m |
| Dec 31 2023 | US$5m | US$800k | US$112m |
| Sep 30 2023 | n/a | n/a | US$115m |
| Jun 30 2023 | n/a | n/a | US$102m |
| Mar 31 2023 | n/a | n/a | US$97m |
| Dec 31 2022 | US$3m | US$700k | US$103m |
| Sep 30 2022 | n/a | n/a | US$97m |
| Jun 30 2022 | n/a | n/a | US$93m |
| Mar 31 2022 | n/a | n/a | US$90m |
| Dec 31 2021 | US$3m | US$663k | US$85m |
| Sep 30 2021 | n/a | n/a | US$92m |
| Jun 30 2021 | n/a | n/a | US$97m |
| Mar 31 2021 | n/a | n/a | US$99m |
| Dec 31 2020 | US$3m | US$644k | US$102m |
| Sep 30 2020 | n/a | n/a | US$97m |
| Jun 30 2020 | n/a | n/a | US$102m |
| Mar 31 2020 | n/a | n/a | US$99m |
| Dec 31 2019 | US$3m | US$624k | US$97m |
| Sep 30 2019 | n/a | n/a | US$95m |
| Jun 30 2019 | n/a | n/a | US$87m |
| Mar 31 2019 | n/a | n/a | US$83m |
| Dec 31 2018 | US$2m | US$573k | US$79m |
| Sep 30 2018 | n/a | n/a | US$173m |
| Jun 30 2018 | n/a | n/a | US$165m |
| Mar 31 2018 | n/a | n/a | US$160m |
| Dec 31 2017 | US$2m | US$460k | US$154m |
Compensation vs Market: Joe's total compensation ($USD4.77M) is above average for companies of similar size in the German market ($USD2.13M).
Compensation vs Earnings: Joe's compensation has increased by more than 20% in the past year.
CEO
Joe Hanna (61 yo)
7.3yrs
Tenure
US$4,771,898
Compensation
Mr. Joseph F. Hanna, also known as Joe, has been the Chief Executive Officer and President of McGrath RentCorp since February 23, 2017 and is an Independent Director of Janus International Group, Inc. sinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$4.77m | 0.70% $ 17.1m | |
| Executive VP | 18.3yrs | US$1.74m | 0.23% $ 5.7m | |
| VP, General Counsel & Corporate Secretary | 1.3yrs | US$1.04m | 0.0037% $ 91.3k | |
| Senior VP & Division Manager of Mobile Modular | 2.4yrs | US$1.20m | 0.096% $ 2.3m | |
| Senior VP & Chief Strategy Officer | 2.3yrs | US$1.12m | 0.027% $ 663.9k | |
| VP, Corporate Controller & Principal Accounting Officer | 24.2yrs | no data | 0.022% $ 535.3k | |
| Vice President of Human Resources | 4.1yrs | no data | 0.015% $ 360.4k | |
| VP & Division Manager of TRS-RenTelco | 12.6yrs | US$620.50k | 0.056% $ 1.4m |
5.7yrs
Average Tenure
56yo
Average Age
Experienced Management: MG8's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$4.77m | 0.70% $ 17.1m | |
| Independent Director | 10.3yrs | US$232.39k | 0.024% $ 593.9k | |
| Independent Chairman of the Board | 6.9yrs | US$298.11k | 0.048% $ 1.2m | |
| Independent Director | 26.4yrs | US$242.61k | 0.11% $ 2.8m | |
| Independent Director | 3.4yrs | US$228.16k | 0.018% $ 447.6k | |
| Independent Director | 5.9yrs | US$231.59k | 0.035% $ 845.4k | |
| Independent Director | 1.5yrs | US$227.61k | 0.0061% $ 149.2k |
6.9yrs
Average Tenure
64yo
Average Age
Experienced Board: MG8's board of directors are considered experienced (6.9 years average tenure).