HERC Names Former KPMG Partner to Join Board Following Separation from Hertz Global

James Browning, retired partner at international professional services firm KPMG, has been named to the board of directors and will serve as audit committee chairman for the equipment rental business of Hertz, following the planned separation of that business as a stand-alone, publicly traded company later this year.

Michael Roth

April 8, 2016

Browning will serve as audit committee chairman for HERC following its separation from Hertz Global.

Browning retired from KMPG in 2009 and has been a partner since 1980. He served as Southwest area professional practice partner in the company’s Houston office, and also served as an SEC reviewing partner as well as partner in charge of KPMG’s New Orleans audit practice. Browning is currently board chairman of RigNet, a global provider of remote communications, and is on the board of Texas Capital Bancshares, a financial services company.

“We’re delighted that Jim has agreed to join our board and chair the audit committee,” said Larry Silber, president and CEO of Hertz Equipment Rental Corp. “His extensive and deep experience in public company matters will be extremely helpful as we commit to good corporate governance and advance the long-term interest of our shareholders.”

HERC, which plans to be known as Herc Rentals following its separation from Hertz Global Holdings, is No. 3 on the RER 100.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.