Mark Irion has played a key role in the equipment rental industry since joining Herc Holdings as Chief Financial Officer and Senior Vice President in 2018. Before Herc, he worked for Neff Corporation for nearly two decades, leading its financial...

Current Market Cap

$6.18B

Number of Employees

7.2K

Total Compensation

2018 - 2022

Trending up by 38.70% last year
Showing total compensation for the last 2018 - 2022

Stock

Down by -100.00% last year

Salary

Up by 4.33% last year

Bonus

Up by 108.98% last year

Other

Up by 2974.12% last year

Year

2022

Total Compensation

$1.71M

Salary

$521.64K

Board Justification

The compensation philosophy is designed to align with business strategy and objectives, focusing on performance-based incentives to drive long-term stockholder value.

Bonus

$835.92K

Board Justification

The bonus is based on the Executive Incentive Compensation Plan (EICP) which is tied to the company's performance metrics and individual performance scores for the year 2022.

Other

$350.45K

Board Justification

Other compensation includes perquisites such as personal use of a car and a perquisite allowance for medical expenses and financial planning.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2022 as the focus was on performance-based awards that vest over a longer period.

Performance Metrics

The performance metrics for 2022 included Adjusted EBITDA, Return on Revenue Earning Equipment, and Equipment Rental Revenue Growth.

SEC Filing

From March 31, 2023