United Rentals appoints Alexander Taussig to board of directors

United Rentals Inc. (NYSE: URI) appointed Alexander Taussig to its board of directors, effective immediately, the company announced. The appointment expands the board to 11 members, with nine serving as independent directors.

Taussig serves as a Board Partner at Lightspeed Venture Partners, a multi-stage venture capital firm based in Menlo Park, California, with over $40 billion in assets under management. He joined Lightspeed in 2016 and has held various positions including Partner from 2016 to 2021 and Co-Head of the Consumer Practice from 2021 to 2024.

Michael Kneeland, chairman of United Rentals, said Taussig's expertise in scaling technology-enabled platforms, including artificial intelligence, and his experience with growth strategies will support the company's innovation and digital transformation efforts.

Taussig holds an MBA from Harvard Business School, where he was a Baker Scholar in 2009, a Master of Science in Materials Science & Engineering from MIT in 2007, and an AB in Physics from Harvard University in 2005.

United Rentals operates as the largest equipment rental company globally, with an integrated network of 1,663 rental locations in North America, 41 in Europe, 45 in Australia and 19 in New Zealand. The company employs approximately 28,500 people and maintains a fleet with a total original cost of $22.48 billion.

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