Doug Dougherty will step into his role as executive chair with the Board of Directors this spring.
Cooper Equipment Rentals
Doug Dougherty will transition into strategic role
Doug Dougherty has served as chief executive officer since 2010. Under his leadership, Cooper executed a disciplined growth strategy that combined organic expansion with selective acquisitions, expanding from two locations to 89 locations nationwide. Over this period, the Company completed 18 acquisitions, grew to over $500 million in annual revenue, and built a fleet valued at more than $1 billion.
“This transition reflects years of deliberate succession planning and confidence in the leadership team we have built,” said Doug Dougherty. “Brian has been instrumental in building Cooper’s operational discipline and customer focus, and I have full confidence in his ability to lead the Company forward. I look forward to supporting Brian and the business in my role as Executive Chair.”
As executive chair, Doug will focus on board leadership, long-term strategy, and stewardship of Cooper’s culture.
Seafort Capital, Cooper’s private equity partner, expressed strong support for the transition. “This is a well-planned leadership transition that reflects the strength of Cooper’s organization and long-term strategy,” said Rob Normandeau, managing partner and president, Seafort Capital. “We have strong confidence in Brian and the leadership team to continue executing the Company’s strategy and building long-term value.”
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