John M. Engquist is the Executive Chairman of H&E Equipment Services, Inc., where he has worked since the company started in 2006. Before that, he served as President and Chief Executive Officer since the company's formation and has been part...

John M. Engquist is the Executive Chairman of H&E Equipment Services, Inc., where he has worked since the company started in 2006. Before that, he served as President and Chief Executive Officer since the company's formation and has been part of various roles since 2002. Engquist holds a B.S. degree from Louisiana State University and has a background in management. He started his career as a mechanic's helper and has a long history of working in different positions including Sales Representative and Branch Manager. Engquist is known for leading strategic planning and oversees mergers and acquisitions. He was promoted to Executive Chairman in 2019, allowing him to focus more on the company’s direction while Bradley W. Barber took on the role of CEO. His interest in the company's success is also personal, as he’s related to other executives. Engquist is actively involved in various Boards and community initiatives, reflecting his deep connection with the industry. His compensation has varied over the years, peaking in 2018 with a total pay of around $3.2 million, showing how his role aligns with the company’s performance. Engquist's journey highlights the importance of adaptability and consistent effort in a successful career.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other H&E Equipment Services CEOs

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John M. Engquist

Ex-CEO of H&E Equipment Services

Education

B.S. from Louisiana State University

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

June 1, 1966 - 59 years ago

CEO of H&E Equipment Services for

16 years 6 months (Jun 2002 - Dec 2018)

Previous Experience

President and CEO of Head & Engquist since 1990.

Rivals

Competitors/colleagues of John M. Engquist

Holdings

See how much did John M. Engquist make over time.

John M. Engquist has been consistently involved in private investments and stock ownership related to H&E Equipment Services. Over the years, his holdings have experienced significant fluctuations, mainly reflecting the company's performance and market conditions. In particular, during the peak...

John M. Engquist has been consistently involved in private investments and stock ownership related to H&E Equipment Services. Over the years, his holdings have experienced significant fluctuations, mainly reflecting the company's performance and market conditions. In particular, during the peak of 2018, his net worth through H&E stocks was notably high, as he owned thousands of shares. His holdings have at times provided a substantial portion of his wealth, peaking at an estimated value of several million dollars. Interestingly, the two years before his promotion to Executive Chairman saw him holding a significant stake in H&E, indicative of his confidence in the company’s potential. Engquist's long-term investment in the company not only showcases his commitment but also connects his financial interests directly to the firm’s success.

Total Stock Sold

$45.31M

HEES

$45.31M

1,595,443 HEES shares

What if they kept their stock?

If John M. Engquist didn't sell their stock, today they would have:
Extra HEES1,595,443 shares worth $30.15M.
This is -33.44% and $15.15M less than what they got when they sold the stock.

Charitable Transactions

HEES

858,522 shares

HEES

Recent Charitable Transactions

HEES

200,000 shares

HEES

Dec 31, 2021

Charity

HEES

658,522 shares

HEES

Dec 7, 2012

Charity

Insider Trading

See recent insider trades of John M. Engquist.

HEES

9,108 shares

HEES

Aug 1, 2024

Received

HEES

$2.30M

HEES at $58.79/share

Mar 4, 2024

Received

MHK

$135.35K

MHK at $48.81/share

Jan 2, 2024

Received

HEES

9,806 shares

HEES

Aug 1, 2023

Received

HEES

$2.31M

HEES at $55.42/share

Mar 6, 2023

Received

MHK

$153.68K

MHK at $62.65/share

Jan 3, 2023

Received

HEES

31,240 shares

HEES

Aug 1, 2022

Received

HEES

$297.29K

HEES at $38.39/share

Mar 7, 2022

Received

MHK

$89.50K

MHK at $91.99/share

Jan 3, 2022

Received

HEES

13,999 shares

HEES

Aug 2, 2021

Received

Compensation History

See how much did John M. Engquist make over time.

John M. Engquist's compensation at H&E Equipment Services has varied significantly throughout his tenure. In recent years, especially in 2018, his total compensation reached approximately $3.2 million, which included a base salary of $892,500 and a bonus of over $1 million. This bonus structure consists mainly of performance-based rewards tied to the company’s financial metrics, like EBITDA and return on assets, signaling that his pay is closely linked to how well H&E operates. Prior to this, his compensation had seen lower totals, like $1.3 million in 2015, highlighting the company's growth over time. Additionally, Engquist has received stock grants, specifically restricted shares which vest over time, further aligning his interests with shareholders. His overall compensation strategy suggests a clear effort to balance reward with performance, ensuring that top executives remain motivated to lead the company towards success.

Year

2018

Total Compensation

$2.05M

Salary

$892.50K

Board Justification

The compensation program is designed to attract, retain, and motivate executives while aligning their interests with those of stockholders, focusing on performance and competitive compensation levels.

Bonus

$1.07M

Board Justification

The 2018 bonus for Mr. Engquist was paid approximately 83% in cash during the first quarter of 2019 with the remaining amounts to be paid in equal installments in the first quarter of 2020 and 2021, together with accrued interest on the unpaid balances at the prime rate in effect on January 1st of the then-current year.

Other

$81.22K

Board Justification

Includes dividends received on unvested stock, perquisites, insurance premiums, and company contributions to the 401(k) plan.

Restricted Stock

$0.00(0 shares)

Board Justification

No stock was reported as vested in 2018 for Mr. Engquist that is not part of the stock grants or options.

Performance Metrics

The performance metrics for the 2018 bonuses were based on the Company's achievement of specified threshold and target levels of EBITDA and return on gross net assets.

Other H&E Equipment Services CEOs

Here are other CEOs of H&E Equipment Services

Bradley W. Barber

CEO of H&E Equipment Services

January 2019 - Present