Over his career, Kneeland has invested significantly in United Rentals, especially during his tenure as CEO from 2007 to 2019. At one point, a substantial part of his wealth came from substantial stock holdings, peaking in value as the company...
Over his career, Kneeland has invested significantly in United Rentals, especially during his tenure as CEO from 2007 to 2019. At one point, a substantial part of his wealth came from substantial stock holdings, peaking in value as the company thrived. This alignment with shareholder interests was clear; in 2018, his total compensation rose sharply to over $13 million, fueled by stock awards due to meeting ambitious performance targets. During his early years, though facing downturns, he opted for stock options, allowing him to capitalize on a recovering market. Currently, as he serves as non-executive chairman, Kneeland’s stock holdings continue to play a crucial role in his wealth, reflecting his long-term commitment to the company. The success of United Rentals is mirrored in his strategic stock positions, contributing to solid returns for both himself and the shareholders.