Summary
United Rentals, Inc. (URI) has announced an expansion of its Board of Directors, increasing its size from ten to eleven members. This change was made to accommodate the appointment of Alexander R. Taussig as an independent director, effective February 4, 2026. Mr. Taussig's appointment fills a newly created vacancy and is intended to bring additional expertise to the board. Mr. Taussig's compensation for his directorship includes an annual retainer of $125,000 and an annual equity grant valued at $190,000 in restricted stock units, subject to pro-ration for his initial year. He will also be eligible for the Company's medical benefits program (at his own cost) and its Deferred Compensation Plan for Directors. The company has also entered into a standard indemnification agreement with Mr. Taussig.
Key Highlights
- 1Board size increased from 10 to 11 directors.
- 2Alexander R. Taussig appointed as an independent director.
- 3Mr. Taussig's appointment is effective February 4, 2026.
- 4Annual retainer for director service is $125,000.
- 5Annual equity grant for director service is $190,000 in restricted stock units.
- 6Mr. Taussig will be eligible for the Company's Deferred Compensation Plan for Directors.
- 7No reportable related-party transactions or disqualifying arrangements for Mr. Taussig.