McGrath RentCorp announced the appointment of Joseph F. Hanna as the President and Chief Executive Officer of the company, effective February 23, 2017. Concurrently, Mr. Hanna was appointed to the board of directors of the company. In connection with Mr. Hanna's appointment, the Office of the Chief Executive Officer was dissolved.

Mr. Hanna has over 14 years of service with the Company, having joined in 2003 as Vice President of Operations, then Senior Vice President of Operations starting in January 2005. Furthermore, Keith E. Pratt, Chief Financial Officer of the company, was elevated to Executive Vice President of the company in addition to his continuing role as Chief Financial Officer, effective February 23, 2017.