BNET Industries
Market Cap:$477.8M
Last Fiscal Year Sales:$304.1M
- Public
- US
Dow Jones Description
Relocatable Modular Office & Classroom Space & Electronic Test Equipment Mfr, Retailer & Renter
President and Chief Executive Officer, Nomis Solutions
Dennis P. StradfordNumber of Employees 688
Peer Companies
NAICS Code Other Commercial and Industrial Machinery and Equipment Rental and Leasing: 532490
Recent Events
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McGrath RentCorp Announces Results for Third Quarter 2009
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Bay Biz Buzz: Chevron names Watson new CEO
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McGrath RentCorp Announces Results for Second Quarter 2009
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McGrath RentCorp elects nonexecutive chairman
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Former GATX CEO Zech Named Chairman of McGrath RentCorp
News & Analysis
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mcgrath rentcorp - All News and Analysis
McGrath RentCorp Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instruction Your first question comes from the line of David Gold - Sidoti & Company. David Gold - Sidoti & Company A couple of questions for you, one, just looking at the three businesses, I guess just the quick peek in the queue...
McGrath RentCorp Q2 2009 Earnings Call Transcript
McGrath RentCorp MGRC Q2 2009 Earnings Call Transcript August 06, 2009 at 5:00 pm ET
McGrath RentCorp Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instruction Our first question comes from the line of David Gold with Sidoti & Company. Please go ahead. David Gold - Sidoti & Company Good afternoon. Dennis Kakures Good afternoon. Keith Pratt Hi, David. David Gold - Sidoti & Company Just a couple of...
McGrath RentCorp Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And our first question is from the line of David Gold, Sidoti & Company. Please go ahead. David Gold – Sidoti & Company Hi, good afternoon. Dennis Kakures Hi, David. Keith Pratt Hi, David. David Gold – Sidoti & Co. Couple of questions, first, you...
Dividend Investment Myths
Dividend Inc. submits: There is a commonly told myth that says that companies that pay a dividend misallocate funds that could be used to generate new revenue or grow the company. According to this myth the lack of growth in the company will keep the stock's price low...
McGrath RentCorp Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Operator Instructions. Our first question comes from the line of David Gold with Sidoti & Co. Please go ahead. David Gold - Sidoti & Co. Hey, good afternoon. Dennis Kakures Hi David. Keith Pratt Hi, David. David Gold - Sidoti & Co. When, the...
McGrath RentCorp Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Scott Schneeberger - CIBC World Markets. Scott Schneeberger - CIBC World Markets I guess I want to start out first with how healthy the pipeline is and how things are looking order-wise for the educational modulars in...
McGrath RentCorp Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Ladies and gentlemen we will now begin the question-and-answer session. Operator Instructions. Our first question comes from the line of David Gold - Sidoti. David Gold - Sidoti Few questions for you. First, just following up on your comment both last quarter and...
Tyco Faces Rough Road with Resignation of Chairman.
By Jeffrey Krasner, The Boston Globe Knight Ridder/Tribune Business News Jun. 4--Before Tyco chairman and chief executive L. Dennis Kozlowski resigned Sunday night, the company was already facing monumental challenges. The company needs to sell or float shares in CIT Group,...
McGrath RentCorp Ranked No. 83 in Forbes 200 Best Small Companies in America
Business Editors/High-Tech Writers LIVERMORE, Calif.--BUSINESS WIRE--Oct. 16, 2001 McGrath RentCorp (Nasdaq:MGRC), a leading rental provider of communications, fiber optic and electronic test equipment, and relocatable modular offices and classrooms, today announced it has been named one of America's 200 Best Small Companies by Forbes magazine. The list,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dennis P. Stradford | President and Chief Executive Officer, Nomis Solutions |
| Joseph Hanna | Senior Vice President and Chief Operating Officer |
| Keith Pratt | Senior Vice President and Chief Financial Officer |
| Randle Rose | Senior Vice President, Chief Administrative Officer and Secretary |
| Thomas Sauer | CFO & Vice President |
| David Whitney | Vice President, Principal Accounting Officer and Corporate Controller |
| Gordon Brown Richard | Vice President & Division Manager |
| Joan M. McGrath | Vice President |
| Kay Dashner | Vice President, Human Resources |
| Phil Hawkins | Vice President and Division Manager, Trs, Rentelco |
| Philip B Hawkins | Vice President & Division Manager |
| Phillip B Hawkins | Vice President and Division Manager, Trs, Rentelco |
| Richard Brown | Vice President and Division Manager, Mobile Modular |
| Susan Boutwell | Vice President, TRS, RenTelco |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Robert P. McGrath | Chairman Emeritus |
| Ronald H. Zech | Chairman |
| Dennis Kakures | Board of Directors |
| Robert C. Hood | Board of Directors |
| William J. Dawson | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | President and Chief Executive Officer, Nomis Solutions | Current |
| Nomis Solutions, Inc. | Chief Executive Officer | Current |
| Brighterion, Inc. | President and CEO Cascadeworks, Inc. | Current |
| Nomis Solutions, Inc. | President | Current |
| McGrath RentCorp | Board of Directors | Current |
| Next Stage Consulting | Director | Current |
| Brighterion, Inc. | Board of Directors | Current |
| Flextronics International Ltd. | Senior Vice President of Sales and Marketing | Former |
| San Jose State University | Bachelors of Arts Degree | Former |
Joseph F. Hanna Senior Vice President and Chief Operating Officer Joseph F. Hanna was appointed Chief Operating Officer in June of 2007. Prior to that, he served as Senior Vice President of Operations of the Company starting in January 2005, and he served as Vice President of Operations since joining the Company in 2003. Mr. Hanna has extensive sales and operations experience, including 12 years at SMC Corporation of America (a subsidiary of SMC Corporation, Tokyo, Japan) where he served in various leadership positions. His prior experience also includes serving as an officer in the United States Army. Mr. Hanna received a B.S. in Electrical Engineering from the United States Military Academy, West Point, New York.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Senior Vice President and Chief Operating Officer | Current |
| SMC Inc. | Former | |
| United States Military Academy | B.S. In Electrical Engineering | Former |
Keith E. Pratt was appointed Senior Vice President in June 2007, having joined the Company in January 2006 as Vice President; he was named Chief Financial Officer in March 2006. Most recently, he was with Advanced Fibre Communications (AFC), a public telecommunications equipment company in Petaluma, California, where he served as Senior Vice President and Chief Financial Officer. Mr. Pratt served as CFO from 1999 until AFC was acquired by Tellabs, at the end of 2004. He also served as Director of Corporate Development at AFC prior to becoming CFO. Prior to Mr. Pratt joining AFC, he served as Director, Strategy & Business Development Group at Pacific Telesis. Mr. Pratt has an undergraduate degree from Cambridge University in Production Engineering and an MBA from Stanford University.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Senior Vice President and Chief Financial Officer | Current |
| Pacific Telesis | Director, Strategy & Business Development Group | Former |
| Advanced Fibre Communications, Inc. | Former | |
| Stanford University | MBA | Former |
| Cambridge University | Undergraduate Degree | Former |
Randle F. Rose Senior Vice President, Chief Administrative Officer and Secretary Randle F. Rose was appointed Senior Vice President, Chief Administrative Officer and Secretary in June 2007. He joined the Company in 1997 as its Vice President of Administration and was elected Secretary in 1999. Mr. Rose received a B.S. in Business Finance from San Jose State University.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Senior Vice President, Chief Administrative Officer and Secretary | Current |
| California State University | B.S. in Business Finance | Former |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | CFO & Vice President | Current |
| McGrath RentCorp | Board of Directors | Current |
| McGrath RentCorp | Accounting Manager | Former |
| Golden Gate University | M.B.A. in Accounting | Former |
| University of California, Berkeley | BS Degree In Business | Former |
David M. Whitney joined the Company as its Corporate Controller in 2000 and was elected Vice President and Principal Accounting Officer in March 2006. Previously he was Manager of Regional Accounting for The Permanente Medical Group in Oakland, California. Mr. Whitney holds a BS in Accounting from California State University at Hayward, and is a Certified Public Accountant.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President, Principal Accounting Officer and Corporate Controller | Current |
| The Permanente Medical Group, Inc. | Manager | Former |
| California State University | B.S. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President & Division Manager | Current |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President | Current |
| McGrath RentCorp | Director | Current |
| University of San Francisco | M.A. In Theology | Former |
| Marymount College | B.A. In English Literature | Former |
Kay Dashner joined the Company in 2005 as the Director of Human Resources and was promoted to Vice President, Human Resources in June 2008. Previously, she held various HR leadership positions in the retail, insurance and software industries, most recently at Netsuite and BMC Software, Inc. Ms. Dashner graduated from Santa Clara University with a B.S. in Management.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President and Division Manager, Trs, Rentelco | Current |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President & Division Manager | Current |
Phillip B. Hawkins Vice President and Division Manager, TRS-RenTelco Phil Hawkins was promoted from Manager, Financial Planning & Analysis to Vice President and Division Manager of the Company's TRS-RenTelco division in June 2007. Mr. Hawkins received B.S. degrees in Accounting, Finance and Computer Information Systems from Arizona State University. Mr. Hawkins joined the Company in 2004 as a financial analyst.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President and Division Manager, Trs, Rentelco | Current |
Richard G. Brown was appointed Vice President of the Company and Division Manager of Mobile Modular in January 2005. He previously served as Division Manager of the Company’s modular division from July 2002 to January 2005. He joined the Company in 1992 and has served in both sales and branch management positions for the Company’s modular division. He received a B.A. in Speech Communication from California State University, Northridge in 1992 and an M.B.A. from Azusa Pacific University in 1998.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President and Division Manager, Mobile Modular | Current |
| Azusa Pacific University | M.B.A. | Former |
| California State University Northridge | B.A. In Speech Communication | Former |
| California State University | B.A. In Speech Communication | Former |
Susan P. Boutwell was appointed Vice President of the Company and Division Manager of TRS-RenTelco in January 2005. She previously served as Division Manager of the Company s TRS-RenTelco division from June 2004 to January 2005. She is a 24-year veteran of Technology Rentals and Services (TRS), an electronics equipment rental division of CIT Technologies Corporation that was acquired by the Company in June 2004. At TRS, Ms. Boutwell served in leadership roles including Executive Vice President, Life Cycle Management, from August 2003 to June 2004, as well as sales management, operations and credit/collections. Each executive officer of the Company serves at the pleasure of the Board of Directors.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Vice President, TRS, RenTelco | Current |
| Trs-Rentelco | Division Manager | Former |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Chairman Emeritus | Current |
| McGrath RentCorp | Board of Directors | Current |
| McGrath RentCorp | Chairman | Former |
| University of Notre Dame | B.S. in Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Chairman | Current |
| McGrath RentCorp | Board of Directors | Current |
| The PMI Group Inc. | Board of Directors | Current |
| GATX Corporation | Chief Executive Officer | Former |
| Financial Guaranty Insurance Company | Chairman and Chief Executive Officer of Gatx Corporation | Former |
| GATX Corporation | Chief Operating Officer | Former |
| GATX Corporation | Chairman | Former |
| University of Wisconsin | M.B.A. | Former |
| Valparaiso University | B.S. In Electrical Engineering | Former |
Dennis C. Kakures President and Chief Executive Officer Dennis C. Kakures was elected a director of the Company in 2003 and became the Chief Executive Officer of the Company in 2003. Mr. Kakures has been the President of the Company since 1995. He joined the Company in 1982 as Sales and Operations Manager of the Company’s Northern California office and has also served as a Vice President of the Company in 1987, Chief Operating Officer from 1989 to 2003 and Executive Vice President from 1993 to 1995. Mr. Kakures received a B.S. in Marketing from California State University at Hayward.
| Organization | Position | Status |
|---|---|---|
| McGrath RentCorp | Board of Directors | Current |
| McGrath RentCorp | President and Chief Executive Officer | Former |
| California State University | B.S. In Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Morsystems, Inc. | Current | |
| McGrath RentCorp | Board of Directors | Current |
| Excite | Chief Financial and Administrative Officer | Former |
| Crowley Maritime Corporation | Chief Financial Officer | Former |
| Excite | Executive Vice President | Former |
| Bates College | B.A. In Economics | Former |
Mr. Dawson has been our Vice President, Finance, and Chief Financial Officer since August 2004. From 2002 until he joined us in 2004, he was Vice President, Finance & Operations, and CFO of Dynavax Technologies Corporation, a biopharmaceutical company. Mr. Dawson was Corporate Senior Vice President, Business Development, for McKesson Corporation, a pharmaceutical distribution and healthcare services company, from 1998 until 2001. Prior to McKesson, Mr. Dawson spent 15 years as a senior officer in corporate finance with three investment banking firms. Mr. Dawson serves on the boards of directors of McGrath RentCorp, an equipment finance company, and Wellington Trust Company, a subsidiary of Wellington Management Company LLP, a private institutional fund management company.
| Organization | Position | Status |
|---|---|---|
| Cerus Corporation | Vice President, Finance and Chief Financial Officer | Current |
| Wellington Management Company, LLP | Board of Directors | Current |
| Wellington Trust Co. | Board of Directors | Current |
| McGrath RentCorp | Board of Directors | Current |
| Dynavax Technologies Corp. | Chief Financial Officer | Former |
| McKesson Corporation | Senior Vice President, Business Development | Former |
| Dynavax Technologies Corp. | Vice President, Finance & Operations | Former |
| McKesson Corporation | Senior Officer | Former |
| Harvard Business School | MBA | Former |
| Stanford University | A.B. In Mechanical Engineering | Former |


