RSC Equipment Rental Appoints Kevin R. Drumm to Newly Created Senior Vice President, Strategic Development Position.SCOTTSDALE, Ariz. -- RSC RSC Royal Society of Chemistry (UK) RSC Royal Shakespeare Company RSC Responsabilidad Social Corporativa (Spanish: corporate social responsibility) RSC Royal Society of Canada Equipment Rental, Inc., the operating entity for RSC Holdings Inc. (NYSE NYSE See: New York Stock Exchange : RRR See Required Rate of Return. ), one of the largest equipment rental providers in North America, announced today that Kevin R. Drumm, an experienced investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. with considerable industrial experience gained during 13 years in investment banking, finance and corporate law, has joined the firm as Senior Vice President - Strategic Development, a newly created position. "We are delighted to have Kevin join our management team in this important new role," said Erik Olsson, President and Chief Executive Officer. "Kevin brings considerable experience working with management teams to grow their businesses and has strong capabilities in the development of growth strategies. He also brings important experience in the equipment rental industry and his industrial focus will be of great value as we expand our leadership in the attractive industrial markets." Mr. Drumm will assist RSC in achieving its long-term strategic goals through the identification, analysis and execution of potential acquisitions and partnerships that will enhance the company's position in current and target markets. He will report to Mr. Olsson and will be based at the company's corporate headquarters in Scottsdale, Ariz. Mr. Drumm comes to RSC most recently from Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Securities LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , where he was a Principal responsible for advisory and capital related banking as a member of the Diversified Industrials team. During his time at that firm, he had coverage responsibility for the equipment rental sector and served machinery and equipment, electrical products and general industrial clients. Mr. Drumm's prior experiences include the founding of Fox Hollow Advisors, a firm that provided transactional and advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to small and mid-market clients. Previously, he was with Goldman, Sachs & Co. as an investment banker in London and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and with Cravath, Swaine & Moore as a corporate lawyer in New York. Mr. Drumm is a business and economics graduate of Cornell University and a graduate of the Harvard Law School Harvard Law School (colloquially, Harvard Law or HLS) is one of the professional graduate schools of Harvard University. Located in Cambridge, Massachusetts, Harvard Law is considered one of the most prestigious law schools in the United States. . Kevin Drumm can be reached at (480) 281-6932 or at Kevin.Drumm@RSCrental.com. About RSC Holdings Inc. (NYSE: RRR) and RSC Equipment Rental, Inc. Based in Scottsdale, Ariz., RSC Holdings Inc. is the holding company for the operating entity, RSC Equipment Rental, Inc., which is one of the largest equipment rental providers in North America servicing construction and industrial markets with an original equipment fleet cost of over $2.7 billion. RSC offers superior levels of equipment availability, reliability and service to customers through an integrated network of 468 rental locations across 38 states in the United States and in four Canadian provinces, as of June 30, 2008. With over 5,300 employees committed to continuous safety and 24x7 customer care, RSC delivers the loyal customer support needed to build the future. Additional information about RSC is available at www.RSCrental.com. |
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