United Rentals, Inc. (NYSE: URI) today announced that José B. Alvarez,
Bobby J. Griffin and Filippo Passerini have joined the company’s board
of directors, effective immediately. The company also announced that
Vice Chairman Wayland Hicks will resign his directorship, effective
March 1, 2009.
José Alvarez joins the faculty of the Harvard Business School on
February 1. Most recently, he was the Executive Vice President – Global
Business Development for Royal Ahold NV, one of the world’s largest
grocery retailers. Alvarez joined Royal Ahold in 2001 and subsequently
held several key senior management positions, including President and
Chief Executive Officer of the company’s Stop & Shop and Giant-Landover
brands. Previously, he served in executive positions at Shaw’s
Supermarket, Inc. and American Stores Company. Alvarez serves as a
director of The TJX Companies, Inc. He holds an MBA degree from the
University of Chicago Graduate School of Business and an AB degree from
Princeton.
Bobby Griffin has more than 25 years of executive experience in the
transportation logistics industry, including 20 years with Ryder
Systems, Inc. where he most recently served as President – International
Operations. Prior to Ryder, Griffin was an executive at ATE Management
and Service Company, Inc., which was acquired by Ryder in 1986. He
serves as a director of Hanesbrands Inc. Griffin holds an MA degree from
the University of Cincinnati and a BA degree from Morgan State
University.
Filippo Passerini is President of Procter & Gamble’s Global Business
Services (GBS) organization and Chief Information Officer. The
organization he leads provides more than 85 services to P&G employees
around the globe. Passerini joined P&G in 1981 and has held executive
positions in the U.K., Greece, Italy, the U.S., Latin America and
Turkey. He is a native of Italy, with a degree from the University of
Rome.
Jenne Britell, chairman of United Rentals, said, "We are delighted to
welcome José, Bobby and Filippo to our board of directors. They are
highly seasoned executives whose expertise will be instrumental in
helping our company expand its leadership position in equipment rental.
Both José and Bobby are widely regarded for leading innovations in
supply chain and logistics management, while Filippo is globally
recognized for his ability to transform information technology into a
strategic business partner.”
Britell added, "The board and I greatly appreciate Wayland’s many
contributions over his more than 10 years of service to United Rentals,
first as a senior executive and then as a valued member of the board.
Wayland has worked tirelessly to advance our company, to the great
benefit of all our stakeholders.”
About United Rentals
United Rentals, Inc. is the largest equipment rental company in the
world, with an integrated network of over 625 rental locations in 48
states, 10 Canadian provinces and Mexico. The company’s approximately
9,800 employees serve construction and industrial customers, utilities,
municipalities, homeowners and others. The company offers for rent over
2,900 classes of rental equipment with a total original cost of $4.1
billion. United Rentals is a member of the Standard & Poor’s MidCap 400
Index and the Russell 2000 Index® and is headquartered in Greenwich,
Conn. Additional information about United Rentals is available at
unitedrentals.com.