WillScot Holdings appoints Tim Boswell as President/COO, Matt Jacobsen as CFO effective Jan 1, 2025

WillScot Holdings Corp

Tim Boswell transitions from President & CFO to new role as President & COO; Matt Jacobsen promoted from SVP Finance to CFO.
Effective January 1, 2025; Boswell's salary rises to $800k (from $681.9k); annual equity target $2.2M (70% PSUs, 30% RSUs).
Jacobsen employment agreement: $550k base salary, 85% target bonus, $1M annual equity target, 3-year initial term with auto-renewal.
Boswell's amended agreement includes a $2.2M equity grant floor as a ‘Good Reason’ trigger for severance protections.
Jacobsen's agreement includes 18-month non-compete, 24-month non-solicitation, and severance of 18 months' salary for termination without cause.

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