Renta Group Oy announced the appointment of Andrew Studdert as chairman of the board, replacing outgoing interim chairman, Alireza Etemad, who will continue to serve as a member of the board.
Studdert has been a member of the Renta board of directors since April 2022, following the acquisition of Renta Group by IK Investment Partners on February 4, 2022. Studdert is best known in North America as former chairman and CEO of NES Rentals, and chief operating officer for United Airlines. He is a past president and board member of IPAF.
Studdert is the founder and principal at Andrew P. Studdert & Associates, a private consultancy, focusing on operations, technology, and crisis management, which he established in 1994. He is also currently chairman at WASH, and a board member and audit committee chairman at Alta Equipment Group. Studdert has previously served on the boards of Target Hospitality, as compensation committee chairman, and international rental giant Cramo.
“We are really looking forward to continuing to work with Andy, whose broad experience in the rental sector will be greatly beneficial to the senior management team and the board of Renta,” said Kari Aulasmaa, CEO of Renta Group.
Renta Group is a Northern European full-service equipment rental company founded in Finland in 2015. The company has operations in Finland, Sweden, Norway, Denmark, Poland, and the Baltics, with 135 depots and approximately 1,500 employees. Renta is a general rental company with a wide range of construction machines and equipment along with related services. In addition to operating a network of rental locations, Renta is a significant supplier of scaffolding and weather-protection services.
For more information, visit www.renta.com