SCOTTSDALE, ARIZ., December 3 /CNW/ - RSC Holdings Inc. (NYSE: RRR)
announced today that it has appointed David Mathieson to the position of
Senior Vice President and Chief Financial Officer. Mr. Mathieson is expected
to assume his duties on January 2, 2008, and succeeds Keith Sawottke, who has
resigned to pursue other opportunities.
"We appreciate Keith's contribution to RSC and the role he played over
the past six years as we transitioned from a private company to a public
company. We wish him all the best in his future endeavors, and we are pleased
that he will assist the Company in making a smooth transition," said Erik
Olsson, President and CEO of RSC.
Mr. Mathieson, 53, brings to RSC more than 30 years of diversified
financial management experience, encompassing public offerings, reporting,
compliance, investor relations and mergers and acquisitions. Most recently, he
was Senior Vice President and Chief Financial Officer of Milwaukee-based Brady
Corporation (NYSE: BRC), a position he has held since 2003. Prior to joining
Brady in 2001, Mr. Mathieson had a 20 year career with Honeywell International
Inc. (NYSE: HON), in the U.S. and in several European countries, last serving
as Vice President and Chief Financial Officer, Honeywell EMEA in Brussels,
"David is a seasoned CFO with an impressive track record, combining a
distinguished career in public company finance and accounting with
operational, strategic planning, and mergers and acquisitions experience. We
believe David's proven leadership skills will enhance our ability to take
advantage of the significant potential we see in our markets, where customer
demand remains strong and our business model continues to drive growth,"
commented Mr. Olsson. "We look forward to welcoming David to both our
excellent finance organization as well as our talented senior management
Mr. Mathieson is a Fellow of the Chartered Management Accounting
Institute in the U.K. and studied for this qualification at Glasgow College of
Commerce and Glasgow Caledonian University. He is a member of the Board of
Directors of Tennant Company (NYSE: TNC).
About RSC Holdings Inc. (NYSE: RRR) and RSC Equipment Rental, Inc.
Based in Scottsdale, Ariz., RSC Holdings Inc. is the holding company for
the operating entity, RSC Equipment Rental, Inc., which is one of the largest
equipment rental providers in North America servicing the non-residential
construction and industrial markets with an original equipment fleet cost of
$2.7 billion. RSC offers superior levels of equipment availability,
reliability and service to customers through an integrated network of more
than 470 rental locations across 39 states in the United States and in four
Canadian provinces. With more than 5,400 employees committed to continuous
safety and 24x7 customer care, RSC delivers the loyal customer support needed
to build the future. Additional information about RSC is available at
This press release contains certain "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. These statements are based on
management's current expectations and are subject to uncertainty and changes
in factual circumstances. The forward-looking statements herein include
statements regarding the company's future financial position, business
strategy, plans and objectives of management for future operations. In
addition, forward-looking statements generally can be identified by the use of
forward-looking terminology such as "will," "remains," "intend," "estimate,"
"anticipate," "believe" or "continue" or the negative thereof or variations
thereon or similar terminology. Actual results and developments may therefore
differ materially from those described in this release.
The Company cautions you therefore that you should not rely unduly on
these forward-looking statements. You should understand the risks and
uncertainties discussed in "Risk Factors" and elsewhere in the Company's final
prospectus dated May 22, 2007 on Form 424B4, relating to the initial public
offering of its common stock, as filed with the United States Securities and
Exchange Commission, or the "SEC," could affect the Company's future results
and could cause those results or other outcomes to differ materially from
those expressed or implied in the Company's forward-looking statements.
For further information:
For further information: RSC Holdings Inc. Investor/Analyst Contact:
Lynn Morgen/Betsy Brod, 212-750-5800 Media Contact: Chenoa Taitt,