After years of deliberate succession planning, Cooper Equipment Rentals has named Brian Spilak as its new Chief Executive Officer. The transition marks a significant milestone for the company, which has undergone significant growth and transformation under the leadership of current CEO Doug Dougherty.
Since taking the helm in 2010, Dougherty has overseen a disciplined expansion strategy that has expanded the company's footprint from two locations to 89 nationwide. This period has also seen the completion of 18 strategic acquisitions, with revenue reaching over $500 million annually and a fleet valued at more than $1 billion.
The company's growth is attributed to its focus on operational discipline and customer satisfaction. As part of this strategy, Cooper has built strong relationships with its customers and suppliers, ensuring a stable and supportive ecosystem for its operations.
The leadership team has been instrumental in driving this success, and Brian Spilak is well-positioned to build upon this foundation. With his experience and expertise, Spilak is expected to continue executing the company's strategy and driving long-term growth.
As Doug Dougherty transitions into an Executive Chair role, he will focus on board leadership, long-term strategy, and stewardship of Cooper's culture. The company's private equity partner, Seafort Capital, has expressed strong support for the transition, citing the strength of Cooper's organization and long-term strategy.
With a solid foundation in place, Cooper Equipment Rentals is poised to continue its upward trajectory under Spilak's leadership.