McGrath Announces Succession Plan: Philip Hawkins to Replace Joseph Hanna as CEO

Thursday, Feb 5, 2026 4:05 pm ET1min read
MGRC--

McGrath RentCorp announces the appointment of Philip B. Hawkins as President and Chief Executive Officer, effective April 2026. Hawkins currently serves as Executive Vice President and Chief Operating Officer. Joseph F. Hanna, current President and CEO, will retire in April 2026 and remain on the McGrath Board of Directors. Hawkins brings over 20 years of experience in the industry and has been with McGrath since 2004. The company's Board of Directors is confident that Hawkins is the best leader to succeed Hanna and maintain the company's growth trajectory.

McGrath Announces Succession Plan: Philip Hawkins to Replace Joseph Hanna as CEO

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