WillScot Announces Leadership Transition

Core Viewpoint - WillScot Holdings Corporation has announced the appointment of Tim Boswell as the new CEO, effective January 1, 2026, succeeding Brad Soultz, who has significantly contributed to the company's growth during his tenure [2][4][5] Leadership Changes - Tim Boswell will join the Board of Directors upon his appointment as CEO [2] - Worthing Jackman has transitioned from non-Executive Chairman to Executive Chairman to support the new CEO and the management team [2][4] - Jeff Sagansky has been appointed as Lead Independent Director [2] Tim Boswell's Background - Tim Boswell has a 13-year history with WillScot, holding various leadership roles, including President and COO [3] - He has extensive experience in capital markets and has led strategic initiatives such as M&A, pricing, and marketing [3] Company Growth Under Previous Leadership - Under Brad Soultz's leadership, WillScot's revenues grew over 5 times, and free cash flow exceeded $500 million [4] - The company has transformed its financial profile significantly during Soultz's tenure [4] Future Outlook - The Board expresses confidence in Tim Boswell's ability to lead the company into its next chapter, focusing on growth and value creation for shareholders [4][5] - Worthing Jackman emphasizes the importance of the strategic plan and the expectation of continued growth under Boswell's leadership [4]