Hertz Equipment Rental appoints Brasier as CFO
17 November 2015
Barbara Brasier has joined Hertz Equipment Rental Corp. (HERC) as chief financial officer and senior vice president, effective November 9. In addition, Maryann Waryjas was appointed general counsel.
Brasier will oversee HERC’s global finance function, including accounting, analysis, audit services, budgeting, control, planning, tax, treasury and reporting. In addition, Brasier will play a lead role in positioning HERC in the capital markets and developing relationships with banks, ratings agencies, institutional investors and financial analysts.
Brasier joins HERC with 35 years of experience in finance and a career that has spanned roles in public accounting, paper-goods, machinery and industrial-equipment and food-manufacturing industries. Most recently, Brasier was senior vice president of Tax and Treasury for Mondelez International.
Additionaly, Maryann Waryjas has joined HERC as senior vice president and general counsel, effective November 11. Waryjas will lead all aspects of HERC’s global legal function, including contractual- and transaction-related legal activities and regulatory and litigation matters. In addition, Waryjas will oversee HERC’s corporate governance and statutory reporting requirements leading up to and after HERC becoming a standalone public company.
Waryjas joins HERC with more than 30 years of experience in the legal profession. Most recently, she was senior vice president, chief legal officer and corporate secretary for Great Lakes Dredge & Dock.
“I am thrilled to welcome Barb and Maryann to HERC,” said Larry H. Silber, president and CEO of HERC. “Their diverse and relevant career experience, extraordinary subject matter expertise and demonstrated business acumen greatly strengthen our leadership team. With Barb and Maryann on board, HERC now has a full C-level team with substantial managerial and governance experience to execute its growth plan and remains on track for its mid-2016 separation from Hertz Global Holdings.”
Silber continued, "Just as important to building our C-suite team, over the past five months we have added considerable depth and breadth to our senior management team with approximately 20 highly experienced and industry-knowledgeable staff joining HERC in field operations, sales, IT, finance and other business-critical roles. Also, we have engaged Huron Consulting Group, a leading provider of business consulting services, to partner with our Program Management Office to help keep us oriented toward a successful separation and for our long-term future as a standalone company."