WillScot Announces Leadership Transition
WillScot (NASDAQ: WSC), a leader in temporary space solutions, announced significant leadership changes effective January 1, 2026. Tim Boswell, current President and COO, will succeed Brad Soultz as CEO and join the Board of Directors. Additionally, Worthing Jackman, current non-Executive Chairman, has been appointed Executive Chairman effective immediately, while Jeff Sagansky becomes Lead Independent Director.
During his 13-year tenure at WillScot, Boswell has held multiple leadership roles across finance and operations, driving strategic initiatives including M&A, pricing, marketing, and Value-Added Products and Services (VAPS). Under outgoing CEO Brad Soultz's leadership, the company achieved significant growth, with revenues increasing over 5x and free cash flow reaching more than $500 million.
WillScot (NASDAQ: WSC), leader nelle soluzioni di spazi temporanei, ha annunciato importanti cambiamenti nella leadership a partire dal 1° gennaio 2026. Tim Boswell, attuale Presidente e COO, succederà a Brad Soultz come CEO e entrerà nel Consiglio di Amministrazione. Inoltre, Worthing Jackman, finora Presidente non esecutivo, è stato nominato Presidente esecutivo con effetto immediato, mentre Jeff Sagansky assume il ruolo di Lead Independent Director.
Durante i suoi 13 anni in WillScot, Boswell ha ricoperto diversi ruoli di vertice nelle aree finanziaria e operativa, guidando iniziative strategiche quali fusioni e acquisizioni, pricing, marketing e prodotti e servizi a valore aggiunto (VAPS). Sotto la guida del CEO uscente Brad Soultz, la società ha registrato una crescita notevole, con ricavi aumentati di oltre 5 volte e flussi di cassa liberi superiori a 500 milioni di dollari.
WillScot (NASDAQ: WSC), líder en soluciones de espacios temporales, anunció cambios significativos en su liderazgo, vigentes a partir del 1 de enero de 2026. Tim Boswell, actual Presidente y COO, sucederá a Brad Soultz como CEO y se incorporará al Consejo de Administración. Asimismo, Worthing Jackman, hasta ahora Presidente no ejecutivo, ha sido nombrado Presidente Ejecutivo con efecto inmediato, mientras que Jeff Sagansky asume el cargo de Lead Independent Director.
Durante sus 13 años en WillScot, Boswell ha desempeñado varios puestos directivos en finanzas y operaciones, impulsando iniciativas estratégicas como fusiones y adquisiciones, precios, marketing y Productos y Servicios de Valor Añadido (VAPS). Bajo la dirección del CEO saliente Brad Soultz, la compañía logró un crecimiento significativo, con ingresos que aumentaron más de 5 veces y flujo de caja libre superior a 500 millones de dólares.
WillScot (NASDAQ: WSC), 임시 공간 솔루션 분야의 선도 기업이 2026년 1월 1일부로 주요 리더십 변동을 발표했습니다. 현재 사장 겸 COO인 Tim Boswell가 Brad Soultz의 뒤를 이어 CEO가 되며 이사회에 합류합니다. 또한 비집행 의장이던 Worthing Jackman은 즉시 집행 의장(Executive Chairman)으로 임명되었고, Jeff Sagansky는 수석 독립 이사(Lead Independent Director)가 됩니다.
Boswell은 WillScot에서 13년간 재직하며 재무와 운영 전반의 여러 리더십 직책을 맡아 M&A, 가격 책정, 마케팅, 부가가치 상품 및 서비스(VAPS) 등을 포함한 전략적 이니셔티브를 주도해왔습니다. 퇴임하는 CEO Brad Soultz의 리더십 하에 회사는 매출이 5배 이상 성장하고, 잉여현금흐름이 5억 달러 이상에 달하는 등 큰 성과를 거뒀습니다.
WillScot (NASDAQ: WSC), leader des solutions d'espaces temporaires, a annoncé des changements majeurs dans son équipe dirigeante, effectifs au 1er janvier 2026. Tim Boswell, actuel président et COO, succédera à Brad Soultz au poste de CEO et rejoindra le conseil d'administration. Par ailleurs, Worthing Jackman, jusqu'alors président non exécutif, a été nommé Executive Chairman avec effet immédiat, tandis que Jeff Sagansky devient Lead Independent Director.
Au cours de ses 13 années chez WillScot, Boswell a occupé plusieurs postes de direction dans les domaines financier et opérationnel, pilotant des initiatives stratégiques telles que les fusions-acquisitions, la tarification, le marketing et les produits et services à valeur ajoutée (VAPS). Sous la direction du CEO sortant Brad Soultz, l'entreprise a connu une croissance significative, ses revenus ayant été multipliés par plus de cinq et son free cash flow atteignant plus de 500 millions de dollars.
WillScot (NASDAQ: WSC), ein führender Anbieter temporärer Raumlösungen, hat bedeutende Führungsänderungen angekündigt, die am 1. Januar 2026 in Kraft treten. Tim Boswell, derzeit Präsident und COO, wird Brad Soultz als CEO nachfolgen und dem Vorstand beitreten. Zudem wurde Worthing Jackman, bisher nicht geschäftsführender Vorsitzender, mit sofortiger Wirkung zum Executive Chairman ernannt, während Jeff Sagansky die Rolle des Lead Independent Director übernimmt.
In seinen 13 Jahren bei WillScot hatte Boswell verschiedene Führungspositionen in Finanzen und Betrieb inne und trieb strategische Initiativen wie M&A, Preisgestaltung, Marketing und Value-Added Products and Services (VAPS) voran. Unter der Führung des scheidenden CEO Brad Soultz verzeichnete das Unternehmen ein deutliches Wachstum: Die Umsätze stiegen um mehr als das Fünffache und der freie Cashflow erreichte über 500 Millionen US-Dollar.
- Company achieved 5x revenue growth and $500+ million free cash flow under current leadership
- Internal succession maintains continuity with experienced executive Tim Boswell who has 13 years at the company
- Strengthened leadership structure with Executive Chairman and Lead Independent Director appointments
- Potential disruption during CEO transition period
- Change in strategic direction possible under new leadership
President and COO Tim Boswell to Succeed Brad Soultz as Chief Executive Officer
Worthing Jackman, Chairman of the Board, Named Executive Chairman of the Board
Jeff Sagansky Appointed Lead Independent Director
PHOENIX, Sept. 03, 2025 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that the Company’s Board of Directors (the “Board”) has unanimously elected Tim Boswell to succeed Brad Soultz as Chief Executive Officer, effective January 1, 2026, and Mr. Boswell will also join the Board at that time. The Company also announced that effective immediately, Worthing Jackman, current non-Executive Chairman of the Board, will now serve as Executive Chairman of the Board, both to continue to lead the Board and to assist the CEO and senior management team in achieving the Company’s strategic plan. In addition, Jeff Sagansky, a member of the Board since 2017, was appointed Lead Independent Director, also effective immediately.
During his 13-year career at WillScot, Mr. Boswell has been instrumental in the Company’s growth and development, holding multiple leadership roles across finance and operations. As President and Chief Operating Officer, and previously President and Chief Financial Officer, he has driven efforts to build and scale the Company’s operations. Mr. Boswell has extensive capital markets experience, as well as has led the development and execution of various strategic initiatives, including M&A, pricing and marketing, in addition to developing and executing the addition of Value-Added Products and Services (“VAPS”).
Mr. Jackman commented, “I have been deeply involved in the CEO succession planning process, which was underway when I joined the Board, and I strongly believe this is the right path forward. Tim has played an important role in leading the business, and his skills and commitment are clear. Having gone through the transition from CFO to CEO in a previous role myself, I know the demands of the transition and am confident he is well-prepared. The rest of the Board and I look forward to supporting Tim as he guides the Company into its next chapter.”
Continued Mr. Jackman, “During my time on the Board, I have worked alongside my fellow directors to carefully understand and evaluate our long-term plan and I feel confident that WillScot is executing the right strategy. Under Tim’s leadership, we expect to continue that focus on growth and execution, with increased urgency and accountability, to drive value creation for our shareholders.”
“The Board recognizes the many contributions Brad has made as WillScot has scaled its portfolio and transformed the financial profile of the business, growing revenues over 5x and free cash flow to more than
“I feel a deep sense of gratitude to my colleagues and the entire team for what we’ve achieved together. The transformation of the business would not have been possible without the talent, commitment and collaboration of this world class team,” added Mr. Soultz. “I have had the pleasure of collaborating with Tim over the last 12 years and am delighted to have him succeed me as the business remains focused on continuing to deliver on its strategic milestones.”
Mr. Boswell added, “It is a privilege to be named CEO of WillScot, and I am thankful to the Board for their trust and to Brad for his years of dedication and guidance. Together with our talented team, I am confident we will continue to strengthen our market position and create value for our shareholders. Over the past year, serving as COO has given me the privilege of getting even closer to the business and serving employees across the organization. I am honored and humbled to take on this position and excited to work with the whole team to drive our continued success.”
Jeff Sagansky, Lead Independent Director of the Board, said, “Worthing has a long term track record of driving superior shareholder returns. The Board and I expect his active leadership as Executive Chair in support and partnership with Tim to reignite growth and improved performance.”
About WillScot
Listed on the Nasdaq stock exchange under the ticker symbol “WSC,” WillScot is the premier provider of highly innovative and turnkey space solutions in North America. The Company’s comprehensive range of products includes modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, protective buildings and climate-controlled units, and clearspan structures, as well as a curated selection of furnishings, appliances, and other supplementary services, ensuring turnkey solutions for its customers. Headquartered in Phoenix, Arizona, and operating from a network of approximately 260 branch locations and additional drop lots across the United States, Canada, and Mexico, WillScot’s business services are essential for diverse customer segments spanning all sectors of the economy.
Forward-Looking Statements
This news release contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimates," "expects," "anticipates," "believes," "forecasts," "plans," "intends," "may," "will," "should," "shall," "outlook," "guidance," "see," "have confidence" and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating to: our mergers and acquisitions pipeline, acceleration of our run rate, acceleration toward and the timing of our achievement of our three to five year milestones, growth and acceleration of cash flow, driving higher returns on invested capital, and Adjusted EBITDA marginicles/ebitda-vs-operating-income" title="Read: EBITDA vs Operating Income: Key Differences Every Investor Should Know" class="article-link" rel="noopener">EBITDA margin expansion. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Although the Company believes that these forward-looking statements are based on reasonable assumptions, they are predictions and we can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, our ability to acquire and integrate new assets and operations; our ability to judge the demand outlook; our ability to achieve planned synergies related to acquisitions; regulatory approvals; our ability to successfully execute our growth strategy, manage growth and execute our business plan; our estimates of the size of the markets for our products; the rate and degree of market acceptance of our products; the success of other competing modular space and portable storage solutions that exist or may become available; rising costs and inflationary pressures adversely affecting our profitability; potential litigation involving our Company; general economic and market conditions impacting demand for our products and services and our ability to benefit from an inflationary environment; our ability to maintain an effective system of internal controls; and such other risks and uncertainties described in the periodic reports we file with the SEC from time to time (including our Form 10-K for the year ended December 31, 2024), which are available through the SEC’s EDGAR system at www.sec.gov and on our website. Any forward-looking statement speaks only at the date on which it is made, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact Information
Investor inquiries:
Charlie Wohlhuter
investors@willscot.com
Media inquiries:
Juliana Welling
Juliana.Welling@willscot.com
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