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    Alec M

    Vice President and Wealth Advisor at JPMorgan Chase & Co.

    Alec Feinstein is a Vice President and Wealth Advisor at JPMorgan Wealth Management, based in Los Angeles, California, where he specializes in personalized portfolio construction, wealth planning, and asset management strategies for high-net-worth individuals. Focusing on clients in diverse industries, Alec delivers comprehensive investment solutions and ongoing financial advice, though publicly available records do not detail his specific company coverage or quantifiable performance metrics. He began his tenure at JPMorgan Wealth Advisors as part of the FGF Partners group and continues to be recognized for his strategic client focus and fiduciary commitment. Alec holds his Vice President title within the firm's Wealth Management division, contributing industry expertise to the team since joining.

    Alec M's questions to HERC HOLDINGS (HRI) leadership

    Alec M's questions to HERC HOLDINGS (HRI) leadership • Q2 2025

    Question

    Alec M, on behalf of Tami Zakaria at JPMorgan Chase & Co., asked for the timing of planned equipment sales in H2 2025, the expected recovery rates, the state of the used market, and how synergies versus dissynergies are reflected in the full-year guidance.

    Answer

    SVP & CFO Mark Humphrey stated that the second-half equipment dispositions would likely be spread ratably across Q3 and Q4. SVP & COO Aaron Birnbaum characterized the used equipment market as 'healthy' and 'stable,' comparable to 2019 levels. Mr. Humphrey clarified that the guidance assumes H&E's revenue decline would be slightly greater than 15% in the second half due to tough comparisons.

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