Mobile Mini Announces Leadership Succession Plan
May 06 2019 - 4:05PM
Business Wire
Kelly Williams Named Chief Executive Officer
Erik Olsson Named Non-Executive Chairman
Mike Watts Named Lead Independent Director
Mobile Mini, Inc. (NASDAQ GS: MINI) the world’s leading supplier
of portable storage solutions and a leading provider of tank and
pump solutions in the United States, today announced that Kelly
Williams, the Company’s President and Chief Operating Officer, will
become its Chief Executive Officer on October 1, 2019. At that
time, Erik Olsson, the Company’s current Chief Executive Officer,
will become the Company’s non-executive Chairman. The Company’s
current non-executive Chairman, Mike Watts, will become the Board’s
lead independent director.
Mr. Olsson said: “It has truly been a privilege to serve as CEO
of Mobile Mini. With the success we have achieved and the company
now poised for a new phase of growth, the time is right to effect
this leadership transition.”
Olsson continued, “Kelly Williams has been instrumental in the
development and execution of the strategies that have established
Mobile Mini as the market leader in portable storage. He is the
perfect person to lead Mobile Mini through this next phase of its
growth, and his appointment is the result of the Board’s thoughtful
and deliberative multi-year approach to succession planning. I am
thrilled to continue to support Kelly in my new role as Chairman,
and I look forward to being a part of Mobile Mini’s exciting future
under his stewardship.”
Mr. Williams joined Mobile Mini in July 2013 and became its
President and Chief Operating Officer in October 2018. In this and
in his prior role as the Company’s Executive Vice President and
Chief Operating Officer since 2014, he has been responsible for
sales and operations throughout the Company. Previous to that, he
served as Senior Vice President, Western Division and Regional
Manager
Mr. Williams, (48), has more than 25 years of experience in the
equipment and car rental industries. From November 2012 to June
2013, he served as Vice President at airWorx Construction Equipment
& Supply. From September 2005 through August 2012, Mr. Williams
worked served in various positions at equipment rental company RSC
Holdings, Inc., including Region Vice President.
Mr. Williams said: “I am honored to become CEO of Mobile Mini
and look forward to continuing to work alongside the best employees
and management team in the industry to build on the significant
progress we have made under Erik’s leadership. With both Storage
Solutions and Tank and Pump Solutions having industry-leading
positions, Mobile Mini has never been in a better position for
continued growth. Our investments in product innovation and
technology have embedded us more deeply with our customers which we
expect to generate meaningful shareholder value for years to come.
I am grateful for Erik’s mentorship, and I look forward to working
with him in his new position, with our Board, and most importantly,
with our amazing employees, to assure that Mobile Mini realizes the
abundant opportunities ahead.”
Mr. Watts said: “During his time as CEO, Erik led a
transformation that delivered significant returns to shareholders.
He and Kelly have partnered to develop a world class operation
these past few years. The Board welcomes Erik in his new role as
non-Executive Chairman, and looks forward to supporting Kelly as he
drives strategic and operational initiatives that will assure the
company’s sustained market leadership. We thank both Erik and Kelly
for working with us on a transition plan that will be seamless for
employees, customers, and shareholders.”
About Mobile Mini, Inc.
Mobile Mini, Inc. is the world’s leading provider of portable
storage solutions through its total rental fleet of approximately
196,400 storage solutions containers, and office units and a
leading provider of tank and pump solutions in the U.S. with a
rental fleet of approximately 12,800 units. Mobile Mini network is
comprised of 156 locations in the U.S., U.K., and Canada. Mobile
Mini is included on the Russell 2000 and 3000 indexes and the
S&P Small Cap Index.
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version on businesswire.com: https://www.businesswire.com/news/home/20190506005624/en/
Van Welch, Executive VP &Chief Financial OfficerMobile Mini,
Inc.(602) 308-3879www.mobilemini.com
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