On August 18, 2026, the Board of Directors elected Erik Olsson as an independent director, effective immediately. Mr. Olsson previously served as Chairman, President, and CEO of Mobile Mini and CEO of RSC Holdings. He will serve on the Audit Committee and participate in the non-employee director compensation program with prorated retainers and equity awards for his initial term. Herk Holdings Inc. operates in the equipment rental industry.

Herc Holdings Inc. reported second quarter 2026 financial results, posting total revenues of $1,204 million, a 20% increase year-over-year, driven by a 23% rise in equipment rental revenue. Net income was $19 million, or $0.57 per diluted share, compared to a net loss of $35 million in the prior-year period. Adjusted EBITDA increased 19% to $487 million with a margin of 40.4%. The company raised its full-year 2026 guidance, increasing equipment rental revenue expectations to $4.375 billion–$4.475 billion and adjusted EBITDA to $2.05 billion–$2.125 billion. Herc Holdings operates in the equipment rental industry, providing full-line rental services and solutions to construction, industrial, and commercial customers across North America.