Matthew J. Flannery is the CEO of United Rentals, Inc., the largest equipment rental company globally. He started his journey in the company back in 1998 when United Rentals acquired McClinch Equipment. Over the years, he has risen from branch...
Matthew J. Flannery is the CEO of United Rentals, Inc., the largest equipment rental company globally. He started his journey in the company back in 1998 when United Rentals acquired McClinch Equipment. Over the years, he has risen from branch manager to CEO, the position he took on in May 2019. With over 25 years in the rental industry, he brings a wealth of experience in sales and operations to the table. In 2023, his total earnings were about $11.1 million, significantly supported by performance-based bonuses and stock awards. His leadership style is tied closely to performance metrics like revenue growth and EBITDA, showing he aims to create real value for shareholders. Interestingly, in 2022, he did not receive a bonus due to unmet performance goals, a clear signal he's aligned with the company’s success. Flannery has also received substantial stock grants aimed at ensuring his compensation matches the company’s objectives. He has witnessed and guided the transformation of United Rentals, as it continues to grow its diverse fleet, now worth around $21 billion. His journey exemplifies dedication and adaptability in a competitive market.