The estimated Net Worth of Lawrence Harris Silber is at least $42.2 Million dollars as of 13 May 2024. Mr. Silber owns over 20,000 units of Herc Inc stock worth over $28,539,843 and over the last 11 years he sold HRI stock worth over $9,515,920. In addition, he makes $4,183,270 as President, Chief Executive Officer, and Director at Herc Inc.
Lawrence has made over 13 trades of the Herc Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of HRI stock worth $3,176,200 on 13 May 2024.
The largest trade he's ever made was exercising 70,176 units of Herc Inc stock on 9 December 2020 worth over $2,329,141. On average, Lawrence trades about 5,009 units every 85 days since 2013. As of 13 May 2024 he still owns at least 213,382 units of Herc Inc stock.
You can see the complete history of Mr. Silber stock trades at the bottom of the page.
Lawrence H. Silber serves as President, Chief Executive Officer, Director of the Company. Mr. Silber joined Herc Rentals Inc. in May 2015. Prior to that, Mr. Silber most recently served as an executive advisor at Court Square Capital Partners, LLP, a private equity firm primarily investing in the business services, healthcare, general industrial and technology and telecommunications sectors, from April 2014 to May 2015. Mr. Silber led Hayward Industries, one of the world’s largest swimming pool equipment manufacturers, as chief operating officer from 2008 to 2012, overseeing a successful transition through the recession and returning the company to solid profitability. From 1978 to 2008, Mr. Silber worked for Ingersoll-Rand plc, a publicly traded manufacturer of industrial products and components, in a number of roles of increasing responsibility. He led major Ingersoll-Rand business groups, including Utility Equipment, Rental and Remarketing and the Equipment and Services businesses. Earlier in his career, he led sales, marketing and operations functions in Ingersoll-Rand’s Power Tool Division and Construction and Mining Group.
As the President, Chief Executive Officer, and Director of Herc Inc, the total compensation of Lawrence Silber at Herc Inc is $4,183,270. There are no executives at Herc Inc getting paid more.
Lawrence Silber is 63, he's been the President, Chief Executive Officer, and Director of Herc Inc since 2016. There are 5 older and 15 younger executives at Herc Inc. The oldest executive at Herc Holdings Inc is James Browning, 71, who is the Independent Director.
Over the last 8 years, insiders at Herc Inc have traded over $273,596,374 worth of Herc Inc stock and bought 141,882 units worth $5,346,636 . The most active insiders traders include Carl Chigh River Limited Pa..., Carl Cicahn Partners Lpicah..., and Courtney Mather. On average, Herc Inc executives and independent directors trade stock every 61 days with the average trade being worth of $5,645,588. The most recent stock trade was executed by Aaron Birnbaum on 26 August 2024, trading 10,000 units of HRI stock currently worth $1,467,100.
herc rentals is a premier, full-service equipment-rental firm, providing our customers the equipment and services they need to achieve optimal performance. with more than 50 years of equipment-rental expertise, approximately 4,800 employees; approximately 270 company-operated locations, principally in the u.s. and canada, herc rentals is one of the leading equipment rental companies in north america. the company serves the construction and industrial segments and also provides solutions to government entities, railroads and infrastructure, and for remediation, emergency response, entertainment and events, and facilities and maintenance.
Herc Inc executives and other stock owners filed with the SEC include: