As the CEO of Herc Holdings, Mark Irion has amassed significant holdings in company stock. He experienced notable fluctuations in his wealth due to the company's performance in the rental equipment sector. In 2022, his holdings included around 18,400 restricted...
As the CEO of Herc Holdings, Mark Irion has amassed significant holdings in company stock. He experienced notable fluctuations in his wealth due to the company's performance in the rental equipment sector. In 2022, his holdings included around 18,400 restricted stock units (RSUs) valued at approximately $478,216, highlighting his vested interest in the company's success. The value of his holdings reflects the company’s performance metrics, which are closely tied to metrics like Adjusted EBITDA. Previously, he had both RSUs and performance stock units (PSUs), indicating a structured approach to equity compensation that focuses on achievement and retention. The landscape of his holdings in Herc has shifted as the company navigates market challenges, showing that executive wealth isn't static but closely related to daily company operations and strategic decisions.