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Bradley W. Barber

Chief Executive Officer at HEES
Board
Since January 1, 2019
Age
52 years
Tenure
Joined in March 1998 and progressed through roles such as Vice President, Executive Vice President, General Manager, and President/Chief Operating Officer before becoming CEO on January 1, 2019.

Also at HEES

JME
John McDowell Engquist
President and Chief Operating Officer
JME
John M. Engquist
Executive Chairman of the Board
LSM
Leslie S. Magee
Chief Financial Officer and Secretary

About

Bradley W. Barber serves as the Chief Executive Officer and Director of H&E Equipment Services, Inc. He began his career with the company in March 1998, initially contributing in sales and branch management before advancing through various leadership roles.

Throughout his tenure, he has held positions as Vice President, Executive Vice President, General Manager, and President/Chief Operating Officer, which provided him with over 29 years of industry experience and a deep understanding of the company’s operations.

Since assuming the role of CEO on January 1, 2019, he has steered the company with a focus on strategic growth and operational efficiency. There is no available information regarding his educational background or personal details beyond his professional career.

$HEES Performance Under Bradley W. Barber

Past Roles

OrganizationRoleDate RangeDetails
H&E Equipment Services President and Chief Operating Officer November 2012 - December 31, 2018 Transitioned to CEO thereafter
H&E Equipment Services Executive Vice President and Chief Operating Officer June 2008 - November 2012 Role preceding further promotion
H&E Equipment Services Executive Vice President and General Manager November 2005 - May 2008 No additional details provided
H&E LLC Vice President, Rental Operations February 2003 - November 2005 Held within H&E LLC
H&E LLC / Head & Engquist Director of Rental Operations Prior to February 2003 Held for both H&E LLC and its predecessor company
Regional Equipment Company Outside Sales and Branch Management Prior to March 1998 Company name undisclosed

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$988,846 AnnualBase salary for 2024
Restricted Stock Awards$1,699,959 Granted on August 1, 202432,504 shares granted; Grant Date Fair Value provided
All Other Compensation$106,371 AnnualIncludes dividends on unvested stock ($77,551), perquisites & personal benefits ($17,210: Automobile Allowance $9,000, Other Automobile Benefits $8,210), insurance premiums ($5,110), and 401(k) contributions ($6,500)

Performance Compensation

Data from  FY 2024

Performance-Based RSUs

MetricValueAdditional Details
Grant DateAugust 1, 2024 Award granted on this date
Target Shares39,196 shares Number of shares subject to performance conditions
Grant Date Fair Value$2,049,951 Valuation of the award at grant date
Grant Date Stock Price$52.30 Closing price on July 31, 2024
Performance MetricsEBITDA Growth (40% weighting), ROGNA Performance (60% weighting) Metrics determine vesting outcomes
Vesting Threshold20% Minimum performance level: 20% shares vest if achieved
Vesting Target100% Target performance level: 100% shares vest if achieved
Vesting Maximum200% Maximum performance level: 200% shares vest if achieved
Vesting ScheduleEnd of Performance Period (December 31, 2026) Vesting occurs at the end of the three-year period
Employment ConditionContinuous employment required RSUs vest only if employment maintained through vesting date
Evaluation PeriodThree-year period ending December 31, 2026 Period across which performance is measured