BNET Industries

Mobile Mini Inc.

(MINI) is in the Manufacturing Industry

Market Cap:$504.6M
Last Fiscal Year Sales:$415.4M
  • Public
  • US
Dow Jones Description

We are the largest provider of portable storage solutions in North America and the United Kingdom, through our total lease fleet of approximately 273,700 portable storage and mobile office units at December 31, 2008. We offer a wide range of portable storage products in varying lengths and widths with an assortment of differentiated features such as our patented locking systems, multiple doors, electrical wiring and shelving. At December 31, 2008, we operated through a network of 94 branches in the United States, Canada, the United Kingdom and The Netherlands. In addition, we have various operational yards to support our branch operations in both North America and the U.K. Our portable units provide secure, accessible temporary storage for a diversified client base of approximately 118,000 customers, including large and small retailers, construction companies, medical centers, schools, utilities, manufacturers and distributors, the U.S. and U.K. military, hotels, restaurants, entertainment complexes and households. Our customers use our products for a wide variety of storage applications, including retail and manufacturing supplies and inventory, temporary offices, construction materials and equipment, documents and records and household goods. On June 27, 2008, we acquired Mobile Storage Group, Inc. (MSG) in a transaction valued at $755.4 million (the Merger). ...

Chief Executive OfficerSteven G. Bunger
Number of Employees 2,155
Contact Information

7420 S Kyrene Rd Ste 101

Tempe, Arizona 85283

mobilemini.com

(480) 894-6311

NAICS Code Plate Work Manufacturing: 332313

Recent Events

  • Mobile Mini Q1 profit falls; Total revenues rise 27.5% - Quick Facts

    5/06/09 - Financial Announcement - View Story

  • Mobile Mini Reports Fourth Quarter Results

    2/26/09 - Financial Announcement - View Story

News & Analysis

mobile mini inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Steven G. Bunger Chief Executive Officer
Jeff Goble President
Deborah Keeley Senior Vice President & Chief Accounting Officer
Jody E Miller Executive Senior Vice President & COO
Lawrence Trachtenberg CFO & Executive Vice President
Mark Funk Chief Financial Officer & Executive Vice President
Martin Crayden Senior Vice President & Coo, European Division
Russell C. Lemley COO & Senior Vice President
Christopher J Miner Vice President, Secretary & General Counsel
Jon D. Keating Senior Vice President Operations
Kyle G. Blackwell Senior Vice President of the Eastern Division
Ronald J. Marshall Senior Vice President of the Central Division
William E Armstead Senior Vice President
Ronald Halchishak Senior Vice President & Managing Director, European Division
Bob Hughes Regional Manager, Eastern Division
Cassie McCord Regional Manager
Pat Johnson Regional Manager
Tom Floyd Regional Manager

Board of Directors

Name (plus bio) Position
Stephen A. McConnell Chair
Carolyn A. Clawson Board of Directors
Frederick G McNamee Board of Directors
Jeffery S. Globe Board of Directors
Michael E. Donovan Board of Directors
Michael L. Watts Board of Directors
Sanjay Swani Board of Directors
Thomas R. Graunke Board of Directors

Steven G. Bunger has served as our Chief Executive Officer, President and a director since April 1997, and as our Chairman of the Board since February 2001. Mr. Bunger joined Mobile Mini in 1983 and initially worked in our drafting and design department. He served in a variety of positions including dispatcher, salesperson and advertising coordinator before joining management. He served as sales manager of our Phoenix branch and our operations manager and Vice President of Operations and Marketing before becoming our Executive Vice President and Chief Operating Officer in November 1995. He is also a director of Cavco Industries, Inc., the nation's twelfth largest manufactured housing company. Mr. Bunger graduated from Arizona State University in 1986 with a B.A. in Business Administration.

Organization Position Status
Mobile Mini, Inc. Chief Executive Officer Current
Mobile Mini, Inc. President Current
Mobile Mini, Inc. Chairman of the Board Current
Mobile Mini, Inc. Board of Directors Current
Cavco Industries, Inc. Director Current
Mobile Mini, Inc. Manager Former
Arizona State University B.A. In Business Administration Former
Organization Position Status
Medegen Holdings, LLC President Current
Mobile Mini, Inc. President Current
Young Presidents' Organization Board of Directors Current
Mobile Mini, Inc. Board of Directors Current
Vantage Mobility International Board of Directors Current
Medegen Holdings, LLC Vice President, Strategic Business Development Former
The Tech Group Vice President Former
The Tech Group General Manager Former
Mobile Mini, Inc. Chair Former
Arizona State University B.S. In Political Science Former

Deborah K. Keeley has served as our Senior Vice President and Chief Accounting Officer since November 2005. From September 2005 to November 2005, she served as Senior Vice President and Controller. From August 1996 to September 2005 as Vice President and Controller and from August 1995 as Controller. Prior to joining us, she was Corporate Accounting Manager for Evans Withycombe Residential, an apartment developer for six years. Ms. Keeley has an Associates degree in Computer Science and received her Bachelors degree in Accounting from Arizona State University in 1989.

Organization Position Status
Mobile Mini, Inc. Senior Vice President & Chief Accounting Officer Current
Mobile Mini, Inc. Vice President & Controller Former
Arizona State University Bachelors Degree In Accounting Former

Jody E. Miller has served as our Executive Vice President and Chief Operating Officer since January 2009. Mr. Miller joined us in June 2008 as Senior Vice President, Southeastern Division from Mobile Storage Group. He had been a Regional Vice President-Southeast Region and North Region since March 2004 with Mobile Storage Group. Prior to that he had served as Regional Vice President of Rental Storage Corporation, working there from October 1988 to February 2004. Mr. Miller graduated from Central Missouri State University with a degree in construction engineering. He has worked in the equipment leasing and portable storage industry for 21 years. Age 41.

Organization Position Status
Mobile Mini, Inc. Executive Senior Vice President & COO Current
Mobile Storage Group Inc. Regional Vice Presidentsoutheast Region and North Region Current
Central Missouri State University B.A. In Construction Engineering Technology Former
Central Missouri State University Degree In Construction Engineering Former

Lawrence Trachtenberg has served as our Executive Vice President, Chief Financial Officer, General Counsel, Secretary, Treasurer and a director since December 1995. He is responsible for all of our accounting, banking and related financial matters. Mr. Trachtenberg is admitted to practice law in Arizona and New York and is a Certified Public Accountant in New York. Before he joined us, Mr. Trachtenberg served as Vice President and General Counsel at Express America Mortgage Corporation, a mortgage banking company, from February 1994 through September 1995. Before then, he was Vice President and Chief Financial Officer of Pacific International Services Corporation, a car rental and sales company, from 1990 to 1994. Mr. Trachtenberg is also a member of the board of trustees of the Arizona State Retirement System. Mr. Trachtenberg received his J.D. from Harvard Law School in 1981 and his B.A. in Accounting/Economics from Queens College of the City University of New York in 1977.

Organization Position Status
Mobile Mini, Inc. CFO & Executive Vice President Current
Mobile Mini, Inc. Board of Directors Current
Mobile Mini, Inc. * Former
Harvard Law School J.D. Former
Queens College B.A. In Accounting, Economics Former

Mark E. Funk has served as our Executive Vice President and Chief Financial Officer since November 2008. Prior to joining us, he was with Deutsche Bank Securities Inc. from September 1988 to November 2008, most recently as Managing Director in its Structured Debt Group, where he had worked on numerous high profile transactions. During his tenure at Deutsche Bank, Mr. Funk worked in their New York, London, Chicago and Los Angeles offices. Prior to joining Deutsche Bank, Mr. Funk passed the certified public accountant examination and was a senior auditor with KPMG. Mr. Funk earned a Bachelor of Science in Business Administration from California State University Long Beach and an MBA from University of California, Los Angeles. Age 46.

Organization Position Status
Mobile Mini, Inc. Chief Financial Officer & Executive Vice President Current
Deutsche Bank Securities Inc. Managing Director Former
University of California, Los Angeles MBA Former
California State University Long Beach Bachelor of Science In Business Administration Former

Martin T Crayden joined MMI in April 2006 as Senior Vice President responsible for the companies operations in Europe. As part of the Royal Wolf acquisition, he previously served as Director/CEO responsible for Royal Wolf operations in the United Kingdom & Netherlands since September 2000. In 1984, he entered the UK container industry with UK domestic rental company 'Boxrent'. Initially employed as sales representative, he was soon promoted to sales manager and appointed a director in 1988. In 1990, through acquisition, Mr. Crayden joined the GE owned business, Genstar Instant Space Europe as Leasing Director, leaving in 1994 to join a 'start-up' business in the domestic container rental sector as director. This business was sold to Triton Container International in 1997 and was re-branded as Royal Wolf UK.

Organization Position Status
Mobile Mini, Inc. Senior Vice President & Coo, European Division Current

Russell C. Lemley has served as our Senior Vice President of Western Division since 1999 and served as our Vice President of Operations from June 1998 to November 1999. He joined us in August 1988 as Construction Superintendent to build our Los Angeles, California 10 acre facility, served as Plant Manager of that facility from 1989 to 1994, as General Manager from 1994 to 1998. Mr. Lemley just finished serving as the Project Manager from 1984 through 1987 for the largest automated pallet rack high rise in the United Sates for Ralph's Grocery in San Fernando, Ca. and managed the construction of the first automated parts pallet rack facility for Suzuki in Brea, Ca.

Organization Position Status
Mobile Mini, Inc. COO & Senior Vice President Current
Suzuki Corporation Former

Array

Organization Position Status
Mobile Mini, Inc. Vice President, Secretary & General Counsel Current
Mobile Mini, Inc. General Counsel Current
Mobile Mini, Inc. Board of Directors Current
Law Review Senior Editor Former

Jon D. Keating has served as our Senior Vice President of Operations since January 2008. He joined Mobile Mini in 1996, and has also served as Vice President of Manufacturing from April 2005 to December 2007, Regional Manager from March of 2000 to April 2005 and from November of 1996 to March of 2000 as Branch Manager at our Phoenix sales branch. Prior to joining Mobile Mini, Jon worked for Phoenix Fuel Company as a salesperson. Mr. Keating received an Honorable Discharge from the Marines in 1991 and served in Operation Desert Storm / Desert Shield.

Organization Position Status
Mobile Mini, Inc. Senior Vice President Operations Current
Phoenix Fuel Corporation Salesperson Former

Kyle G. Blackwell has served as our Senior Vice President of the Eastern Division since 2002 and served as our Vice President of Operations from 1999 to 2000. He join MMI in March 1998 as Assistant Plant Manager and moved into Sales in 1990. Mr. Blackwell was promoted to Regional Manager in 1995 to 1999 where he helped start all of the Texas locations. Before Mobile Mini, Mr. Blackwell worked as an outside sales representative for Central Floors distributing from 1986 to 1988.

Organization Position Status
Mobile Mini, Inc. Senior Vice President of the Eastern Division Current
Mobile Mini, Inc. Assistant Plant Manager Former

Ronald J. Marshall has served as our Senior Vice President of the Central Division since 2002. He joined MMI in February of 1997 as Branch Manager of our Tucson facility. In 1998 he was promoted to Director of Acquisitions where he helped open 9 new branches. He was promoted to Regional Manager in 2000 where he was first in charge of the mountain states and then transferring to the western coast to oversee California, Washington and Arizona. Prior to joining Mobile Mini, Mr. Marshall was the General Manager for Pearce Distributing in Phoenix, where he worked for 21 years.

Organization Position Status
Mobile Mini, Inc. Senior Vice President of the Central Division Current
Mobile Mini, Inc. Branch Manager Former

William E. Armstead serves as our Senior Vice President after joining Mobile Mini with the June 2008 Mobile Storage Group merger, where he held the position of Region Vice President since September of 2004. Mr. Armstead has 25 years of tenure in the equipment rental industry, 16 of those with Rental Service Corporation, where he held District and Regional sales, fleet and operational management roles.

Organization Position Status
Mobile Mini, Inc. Senior Vice President Current
Mobile Mini, Inc. Region Vice President Former
Mobile Storage Group Inc. Regional Vice Presidentsouthwest Region, Pacific Northwest Region and Pacific Former
Colorado State University Former
Organization Position Status
Ravenstock Msg Ltd. Managing Director Current
Mobile Mini, Inc. Senior Vice President & Managing Director, European Division Current
Mobile Storage Group Inc. Managing Directorravenstock Msg Current
NationsRent Companies, Inc. Vice President Former
Humboldt State University B.A In Political Science Former
Organization Position Status
Mobile Mini, Inc. Regional Manager, Eastern Division Current
Organization Position Status
Mobile Mini, Inc. Regional Manager Current
Organization Position Status
Mobile Mini, Inc. Regional Manager Current
Organization Position Status
Mobile Mini, Inc. Regional Manager Current
Organization Position Status
Solano Ventures President Current
Global Entertainment Corp President of Solano Ventures Current
Mobile Mini, Inc. Chair Current
Miracor Diagnostics, Inc. Member, Compensation Committee, Chairman, Corporate Governance and Nominating Committee, Chairman Current
Global Entertainment Corp Board of Directors Current
Capital Title Group, Inc. Board of Directors Current
Miracor Diagnostics, Inc. Board Member Current
Mobile Mini, Inc. Board of Directors Current
Building Materials, Inc. Chairman Former
G & L Industries Chairman Former
Harvard College BA Former
Organization Position Status
Mobile Mini, Inc. Board of Directors Current

Frederick G. McNamee, III has served as a director since June 2008. He has been a principal of Quadrus Consulting, a consulting practice primarily focused in the manufacturing operations and strategic planning domains, since 2000. From 1994 to 1998, he served as the Chairman, President and Chief Executive Officer of Continental Circuits Corporation, which manufactured complex, multi-layer circuit boards used in electronic equipment intended for the computer, communications, instrumentation and industrial controls industries. Following the acquisition of Continental Circuits by Hadco Corporation in 1998, he served as Hadco s interim chief technology officer and senior vice president in charge of operations in Malaysia and Phoenix. Mr. McNamee received his B.S. in Industrial Engineering from Purdue University in 1979. Age 52.

Organization Position Status
Quadrus Consulting Principal Current
Mobile Mini, Inc. Board of Directors Current
Purdue University B.S. In Industrial Engineering Former
Organization Position Status
Mobile Mini, Inc. Board of Directors Current

Michael E. Donovan has served as a Mobile Mini director since June 2008, and on the Mobile Storage Group board since August 2006. Mr. Donovan joined Welsh, Carson, Anderson & Stowe in 2001 and is currently a Principal. Prior to joining WCAS, Mr. Donovan worked at Windward Capital Partners and the investment banking division of Merrill Lynch. Mr. Donovan currently serves on the Board of Directors of several privately-held companies, including Ozburn-Hessey Logistics, Inc., Vision Logistic Holding Corp. and United Surgical Partners International Inc. Mr. Donovan graduated with a B.A. from Yale University in 1998.

Organization Position Status
Mobile Mini, Inc. Board of Directors Current
Valor Telecommunications, LLC Board of Directors Current
Welsh Carson Anderson & Stowe Principal Former
Windward Capital Partners LP Former
Wcas Former
Merrill Lynch & Co., Inc. Former
Onward Healthcare Inc. Former
Mobile Storage Group Inc. Board of Directors Current
Organization Position Status
Sunstate Equipment Co. LLC Chairman & CEO Current
Mobile Mini, Inc. Board of Directors Current
Sunstate Equipment Co. LLC President Former
Sunstate Equipment Co. LLC Founder Former

Sanjay Swani currently is a General Partner at Welsh, Carson, Anderson & Stowe. He joined WCAS in 1999 focusing on investments in the information and business services and communications industries. Prior to joining WCAS, he was a Director with Fox Paine & Company, a San Francisco-based private equity firm. Swani also spent four years in the Mergers, Acquisitions & Restructuring Department and two years in the Debt Capital Markets Department of Morgan Stanley Dean Witter & Co. He earned an undergraduate degree from Princeton University in 1987 and concurrent degrees from the Harvard Law School and the MIT Sloan School of Management in 1994.

Organization Position Status
Deltacom, Inc. General Partner at Welsh, Carson Current
Welsh Carson Anderson & Stowe General Partner, Info & Business Services Current
Flag Capital Management, LLC Current
Mobile Storage Group Inc. Board of Directors Current
Valor Telecommunications, LLC Board of Directors Current
Mobile Mini, Inc. Board of Directors Current
Banctec, Inc. Board of Directors Current
Wcas Vice President Former
Fox Paine & Company, LLC principal Former
ITC Deltacom Inc. Board Member Former
Fox Paine & Company, LLC Director Former
Harvard Law School J.D. Former
MIT Sloan School of Management M.S. Former
Princeton University Undergraduate Degree Former
Harvard Law School Degrees Former
MIT Sloan School of Management Degrees Former
Valor Telecommunications, LLC member Former
Organization Position Status
Mobile Mini, Inc. Board of Directors Current

Executive News

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    Forbes.com - 6/25/09 - View Story

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    Business Wire - 6/25/09 - View Story

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     MINI $14.68 -0.45 (-2.97% )
Average Volume 242,732
Shares Outstanding 35.47M
Market Cap 520.6M
Year High 26.14
Year Low 8.26
Earnings Per Share 0.63
P/E Ratio 23.30
Dividend N/A
Yield N/A
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