WillScot Holdings Corporation announced a leadership transition, with the Board of Directors unanimously electing Tim Boswell to succeed Brad Soultz as Chief Executive Officer, effective January 1, 2026. Mr. Boswell will also join the Board at that time, ensuring a smooth transition.
Mr. Boswell has served 13 years at WillScot in various leadership roles, including President and Chief Operating Officer, and previously President and Chief Financial Officer. He has been instrumental in the company's growth, M&A, pricing, and Value-Added Products and Services (VAPS) development, bringing extensive operational and financial expertise.
Effective immediately, Worthing Jackman, the current non-Executive Chairman, will transition to Executive Chairman of the Board. He will lead the Board and assist the CEO and senior management team in achieving the company’s strategic plan, providing active oversight. Jeff Sagansky, a board member since 2017, was appointed Lead Independent Director, also effective immediately.
The Board recognized Brad Soultz's significant contributions, noting that under his tenure, revenues grew over 5x and free cash flow exceeded $500 million. This succession plan aims to reignite growth and improve performance with increased urgency and accountability, leveraging the strengths of the new leadership team.
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