John Engquist
HERC HOLDINGSAbout John M. Engquist
John M. Engquist is not currently a director of Herc Holdings Inc. (HRI) per the company’s March 28, 2025 proxy; the seven director nominees do not include Engquist . He serves as Executive Chairman of H&E Equipment Services (HEES) and sits on Mohawk Industries’ board; Mohawk’s 2025 10-K shows his signature as a director and its 2020 8-K records his appointment to the Mohawk board . HEES filings list him as Executive Chairman (age 71) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| H&E Equipment Services (HEES) | Executive Chairman; previously CEO | Executive Chairman listed in 2021–2025 filings (ages 67→71); previously CEO | Executive leadership; industry expertise; public company governance |
| Mohawk Industries (MHK) | Director | Appointed Feb 25, 2020; signatory as director in 2025 10-K | Committee service not disclosed in 2020 8-K; active board service per 2025 10-K signatures |
External Roles
| Organization | Role | Start | Current Status |
|---|---|---|---|
| H&E Equipment Services (HEES) | Executive Chairman | By 2021 proxy | Current (age 71 in 2025 10-K) |
| Mohawk Industries (MHK) | Director | Feb 25, 2020 | Current (2025 10-K signatures) |
Board Governance (HRI)
- Not on HRI’s Board: Engquist is not among HRI’s seven director nominees in the 2025 proxy or eight nominees in the 2024 proxy .
- Independence/Attendance: HRI states 6 of 7 nominees are independent and all director nominees had 100% Board and Committee attendance in 2024; this does not apply to Engquist since he is not a nominee/director at HRI .
Other Directorships & Interlocks
- Executive Chairman of HEES and director at MHK as noted above .
- Transaction interlock: HEES agreed to be acquired by HRI (definitive merger announced Feb 19, 2025). Engquist publicly endorsed the transaction as HEES Executive Chairman, highlighting shareholder value and strategic fit; this increases the likelihood of future information flow between organizations during integration but no HRI board appointment for Engquist is disclosed .
Expertise & Qualifications
- Industry leadership in heavy equipment rentals (Executive Chairman/previous CEO at HEES) and public board experience (MHK) .
Equity Ownership (HRI)
- Not disclosed as a beneficial owner or director at HRI: HRI’s March 17, 2025 beneficial ownership table lists >5% holders and HRI directors/NEOs; Engquist is not listed among directors or beneficial owners. HRI had 28,484,455 shares outstanding .
Governance Assessment
- Committee assignments, chair roles, independence, attendance at HRI: Not applicable—Engquist is not an HRI director, so there is no HRI committee membership, independence determination, or attendance record for him .
- Director compensation and ownership alignment at HRI: Not applicable for Engquist; HRI’s non‑employee director compensation schedule and ownership guidelines pertain to sitting HRI directors, and Engquist is not among them .
- Potential conflicts/related‑party exposure: No HRI‑disclosed related‑party transactions involving Engquist. HRI’s 2025 proxy lists a family employment item for the CEO’s relative and describes general vendor/customer relationships; none reference Engquist . The announced HRI‑HEES merger introduces integration and governance considerations; Engquist’s HEES role and public support for the deal suggest alignment with transaction objectives, but HRI has not disclosed any post‑close board roles or specific governance interlocks for Engquist—this is a watch item rather than a current red flag .
- Risk indicators: HRI prohibits pledging/hedging by directors and employees; no delinquent Section 16(a) filings were reported for HRI insiders in 2024. These policies and disclosures do not implicate Engquist because he is not an HRI insider/director .