Nesco Specialty Rentals Names New Chief Financial Officer
Nesco Holdings, a leading provider of specialty rental equipment to the electric utility, telecom and rail infrastructure end markets, announced last week that Joshua Boone will be joining Nesco as chief financial officer. Boone joined Nesco today, June 15.
Boone joins Nesco as an experienced public company chief financial officer with broad experience in corporate and operational finance, and a track record of building and leading successful finance departments. Prior to joining Nesco, Boone was executive vice president and chief financial officer of Patrick Industries Inc., a publicly traded major manufacturer and distributor of component and building products for the recreational vehicle, marine, manufactured housing and industrial markets. He has additional experience as CFO for Pretzels Inc. and served in several leadership positions in finance and accounting at Brunswick Corp.
"We are extremely pleased to announce the addition of Josh to our senior leadership team," said Lee Jacobson, CEO of Nesco. "Josh brings significant experience leading the financial, M&A and investor relations functions of a public company, which will be beneficial to Nesco as we execute our plans to expand the fleet and opportunistically seek compelling strategic acquisitions to grow our platform."
Boone said: "I'm looking forward to joining Nesco, leading the finance organization and partnering with the senior leadership team and the board to help propel the company to the next level and drive long-term shareholder value."
Boone will be based out of Nesco's headquarters in Fort Wayne, Ind.
Nesco, No. 17 on the RER 100, is one of the largest providers of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America. Nesco offers its specialized equipment to a diverse customer base for the maintenance, repair, upgrade and installation of critical infrastructure assets including electric lines, telecommunications networks and rail systems. Nesco's coast-to-coast rental fleet of over 4,600 units includes aerial devices, boom trucks, cranes, digger derricks, pressure drills, stringing gear and hi-rail equipment. For more information, please visit investors.nescospecialty.com.
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.