{"id":402316,"date":"2020-12-17T16:08:35","date_gmt":"2020-12-17T21:08:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402316"},"modified":"2020-12-17T16:08:35","modified_gmt":"2020-12-17T21:08:35","slug":"he-equipment-services-announces-changes-to-executive-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/he-equipment-services-announces-changes-to-executive-management\/","title":{"rendered":"H&amp;E Equipment Services Announces Changes to Executive Management"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>H&amp;E Equipment Services Announces Changes to Executive Management<\/b><\/p>\n<p>BATON ROUGE, La.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nH&amp;E Equipment Services, Inc. (NASDAQ: HEES) today announced the appointment of John McDowell Engquist as President and Chief Operating Officer, effective January 1, 2021. Mr. Engquist will succeed current President, Bradley W. Barber, who has been President of the Company since November 2, 2012. Mr. Barber will continue in his role as a Director and the Chief Executive Officer of the Company. Mr. Engquist is the son of Mr. John Martindale Engquist, Executive Chairman of the Company.\n<\/p>\n<p>\nMr. Barber commented, \u201cJohn\u2019s appointment as President and Chief Operating Officer recognizes his exemplary performance throughout his career with H&amp;E. John\u2019s operational expertise, valued insight and strong leadership qualities have been instrumental in leading our operations in various capacities for more than a decade. We look forward to John\u2019s future contributions in this expanded role as we seek to maximize our operating performance in today\u2019s challenging environment and beyond, as well as capitalize on strategic growth opportunities through branch expansion and acquisitions.\u201d\n<\/p>\n<p><b>About H&amp;E Equipment Services, Inc. <\/b><\/p>\n<p>\nThe Company is one of the largest integrated equipment services companies in the United States with 97 full-service facilities throughout the West Coast, Intermountain, Southwest, Gulf Coast, Mid-Atlantic and Southeast regions. The Company is focused on heavy construction and industrial equipment and rents, sells and provides parts and services support for four core categories of specialized equipment: (1) hi-lift or aerial platform equipment; (2) cranes; (3) earthmoving equipment; and (4) material handling equipment. By providing equipment rental, sales, on-site parts, repair and maintenance functions under one roof, the Company is a one-stop provider for its customers\u2019 varied equipment needs. This full service approach provides the Company with multiple points of customer contact, enabling it to maintain a high quality rental fleet, as well as an effective distribution channel for fleet disposal and provides cross-selling opportunities among its new and used equipment sales, rental, parts sales and services operations.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nStatements contained in this press release that are not historical facts, including statements about H&amp;E\u2019s beliefs and expectations, are \u201cforward-looking statements\u201d within the meaning of the federal securities laws. Statements containing the words \u201cmay\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cshould\u201d, \u201cbelieve\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201cplan\u201d, \u201cestimate\u201d, \u201ctarget\u201d, \u201cproject\u201d, \u201cintend\u201d, \u201cforesee\u201d and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to, the following: (1) risks related to the impact of the COVID-19 global pandemic, such as the scope and duration of the outbreak, government actions and restrictive measures implemented in response, material delays and cancellations of construction or infrastructure projects, supply chain disruptions and other impacts to the business; (2) general economic conditions and construction and industrial activity in the markets where we operate in North America; (3) our ability to forecast trends in our business accurately, and the impact of economic downturns and economic uncertainty in the markets we serve (including as a result of current uncertainty due to COVID-19); (4) trends in oil and natural gas could adversely affect the demand for our services and products; (5) the impact of conditions in the global credit and commodity markets (including as a result of current volatility and uncertainty in credit and commodity markets due to COVID-19) and their effect on construction spending and the economy in general; (6) relationships with equipment suppliers; (7) increased maintenance and repair costs as we age our fleet and decreases in our equipment\u2019s residual value; (8) our indebtedness; (9) risks associated with the expansion of our business and any potential acquisitions we may make, including any related capital expenditures, or our inability to consummate such acquisitions; (10) our possible inability to integrate any businesses we acquire; (11) competitive pressures; (12) security breaches and other disruptions in our information technology systems; (13) adverse weather events or natural disasters; (14) compliance with laws and regulations, including those relating to environmental matters, corporate governance matters and tax matters, as well as any future changes to such laws and regulations; and (15) other factors discussed in our public filings, including the risk factors included in the Company\u2019s most recent Annual Report on Form 10-K and the Company\u2019s most recent Quarterly Report on Form 10-Q. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, we are under no obligation to publicly update or revise any forward-looking statements after the date of this release. These statements are based on the current beliefs and assumptions of H&amp;E\u2019s management, which in turn are based on currently available information and important, underlying assumptions. H&amp;E is under no obligation to publicly update or revise any forward-looking statements after this press release, whether as a result of any new information, future events or otherwise. Investors, potential investors, security holders and other readers are urged to consider the above mentioned factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201217006056r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201217006056\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201217006056\/en\/<\/a><\/span><\/p>\n<p>\nLeslie S. Magee<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>225-298-5261<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lmagee@he-equipment.com\">lmagee@he-equipment.com<\/a><\/p>\n<p>\nKevin S. Inda<br \/>\n<br \/>Vice President of Investor Relations<br \/>\n<br \/>225-298-5318<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:kinda@he-equipment.com\">kinda@he-equipment.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Louisiana<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Construction &amp; Property Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201217006056\/en\/600426\/3\/HEES_New_Logo_7_14_17.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>H&amp;E Equipment Services Announces Changes to Executive Management BATON ROUGE, La.&#8211;(BUSINESS WIRE)&#8211; H&amp;E Equipment Services, Inc. (NASDAQ: HEES) today announced the appointment of John McDowell Engquist as President and Chief Operating Officer, effective January 1, 2021. Mr. Engquist will succeed current President, Bradley W. Barber, who has been President of the Company since November 2, 2012. Mr. Barber will continue in his role as a Director and the Chief Executive Officer of the Company. Mr. Engquist is the son of Mr. John Martindale Engquist, Executive Chairman of the Company. Mr. Barber commented, \u201cJohn\u2019s appointment as President and Chief Operating Officer recognizes his exemplary performance throughout his career with H&amp;E. John\u2019s operational expertise, valued insight and strong leadership qualities have been &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/he-equipment-services-announces-changes-to-executive-management\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;H&amp;E Equipment Services Announces Changes to Executive Management&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402316","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>H&amp;E Equipment Services Announces Changes to Executive Management - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/he-equipment-services-announces-changes-to-executive-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"H&amp;E Equipment Services Announces Changes to Executive Management - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"H&amp;E Equipment Services Announces Changes to Executive Management BATON ROUGE, La.&#8211;(BUSINESS WIRE)&#8211; H&amp;E Equipment Services, Inc. (NASDAQ: HEES) today announced the appointment of John McDowell Engquist as President and Chief Operating Officer, effective January 1, 2021. Mr. Engquist will succeed current President, Bradley W. Barber, who has been President of the Company since November 2, 2012. Mr. Barber will continue in his role as a Director and the Chief Executive Officer of the Company. Mr. Engquist is the son of Mr. John Martindale Engquist, Executive Chairman of the Company. Mr. Barber commented, \u201cJohn\u2019s appointment as President and Chief Operating Officer recognizes his exemplary performance throughout his career with H&amp;E. 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