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Apr. 3, 2023 - TNT Crane & Rigging LLC (TNT) has named Mark Irion as its new Chief Executive Officer, effective immediately.
Irion succeeds Mike Appling, who has served as TNT CEO since 2007.
Appling will remain at the company until April 30, 2023, to ensure a smooth transition and then step down from TNT’s board of directors.
Irion, who has nearly 25 years of experience in the equipment rental industry, will continue as a director on TNT's board, where he has served since June 2020.
Irion most recently was Chief Financial Officer of Herc Holdings, where he was recognized for helping drive strategies that improved fleet efficiencies and accelerated strategic merger and acquisition activity.
"Mark is an accomplished leader with the right vision and capabilities to lead TNT's next chapter of growth and success," said David E. Fanta, chair of the TNT board. "He brings extensive industry knowledge and deep financial acumen to the company. Having served on our board for nearly three years, he already has a strong understanding of TNT's business, strategy, culture, and opportunities. We look forward to continuing to work closely with Mark to execute TNT's plans to accelerate profitable growth."
Irion said, "I am excited to take on this role and to lead TNT forward as we continue to deliver superior customer service with our unparalleled expertise and capabilities. What has always stood out at TNT is our culture that puts people first. That is reflected in strong, multi-year customer relationships and an industry-leading safety record in successfully executing mission-critical work. It is an honor to lead this company and I can't wait to get started."
Fanta continued, "Mike leaves a tremendous legacy at TNT. He helped build the company through more than a dozen acquisitions as well as strong organic growth. On behalf of the entire board, I want to thank Mike for his many contributions to TNT over the years and wish him the very best in the future."
Before joining TNT, Irion had served as CFO for Herc Holdings since June 2018. The company operates through Herc Rentals Inc. as a leading equipment rental supplier throughout North America.
Previously, Irion spent 19 years as CFO of Neff Corporation, a publicly traded equipment rental company. Earlier in his career, he was a finance executive for a computer component distribution company and a senior auditor for Deloitte & Touche LLP.
