This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Mobile Mini Appoints Erik Olsson President & CEO

Stocks in this article: MINI

Mobile Mini, Inc. (NASDAQ GS: MINI) today announced that Erik Olsson has been named President and Chief Executive Officer. He is also joining the Company’s Board of Directors, restoring the Board to eight members.

Most recently, Olsson, 50, was President, Chief Executive Officer and a Director of RSC Holdings Inc. from 2006 until the company’s acquisition by United Rentals, Inc. in April 2012.

“Erik Olsson is a tremendous addition to Mobile Mini. His proven track record in the equipment rental industry, strong global management experience and disciplined focus on operational excellence are aligned with our strategic goals,” stated Michael Watts, Board Chairman of Mobile Mini. “We are very pleased to welcome him and look forward to his leadership as we position the business for long-term success.”

During Olsson’s tenure as CEO, RSC became a premier provider of rental equipment in North America, servicing the industrial and non-residential construction markets. Over the five years prior to its acquisition in 2012, the company averaged double digit revenue growth, delivered EBITDA margins in the mid-to-high 40s and generated strong free cash flow resulting in more than $1 billion in debt reduction. Olsson also led RSC’s 2007 IPO and successful sale in 2012 creating significant gains in shareholder value. Previously, Olsson served as RSC’s COO and CFO.

“I am honored to join Mobile Mini and its employees to serve the company, shareholders and customers in this new role,” said Olsson. “Mobile Mini is a world class organization with a solid foundation for future growth. This is a testament to a great business model and dedicated high caliber employees. I look forward to working with the team to realize the key objectives of future growth and enhanced shareholder value.”

Olsson began his career at Atlas Copco Group, where he held several senior financial management positions in Sweden, Brazil and the United States, including Chief Financial Officer for Milwaukee Electric Tool Corporation from 1998 to 2000. He holds a degree in Business Administration and Economics from the University of Gothenburg.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs