Mark Irion Named Chief Executive Officer of TNT Crane & Rigging

 

TNT Crane & Rigging LLC (TNT), the largest open-shop crane services platform in North America, has announced the appointment of Mark Irion as its new Chief Executive Officer, effective immediately. Irion takes over from Mike Appling, who has served as CEO since 2007. Appling will remain at the company until April 30, 2023, to ensure a smooth transition and will step down from the Board of Directors at that time.

 

Irion is a seasoned executive with nearly 25 years of experience in the equipment rental industry. He will also continue as a director on TNT's Board, where he has served since June 2020. He most recently served as Chief Financial Officer of Herc Holdings, where he was recognized for helping to drive strategies that improved fleet efficiencies and accelerated strategic M&A activity. His extensive industry knowledge and deep financial acumen make him a natural choice to lead TNT into its next chapter of growth and success.

 

David E. Fanta, Chairman of TNT's Board of Directors, commented on Irion's appointment, saying, "Mark is an accomplished leader with the right vision and capabilities to lead TNT's next chapter of growth and success. Having served on our Board for nearly three years, he already has a strong understanding of TNT's business, strategy, culture, and opportunities. We look forward to continuing to work closely with Mark to execute TNT's plans to accelerate profitable growth."

 

Irion himself expressed enthusiasm for his new role, saying, "I am excited to take on this role and to lead TNT forward as we continue to deliver superior customer service with our unparalleled expertise and capabilities. What has always stood out at TNT is our culture that puts people first. That is reflected in strong, multi-year customer relationships and an industry-leading safety record in successfully executing mission-critical work. It is an honor to lead this company, and I can't wait to get started."

 

TNT operates through more than 40 branches spanning the Gulf Coast, Rockies, and Southeast regions of the U.S., along with Western Canada. Its fleet of 700+ cranes, predominantly mobile cranes, is operated by a workforce of 1,500+ skilled employees. TNT serves over 4,000 customers who predominantly operate in the downstream, commercial, power, and infrastructure end markets. With Irion at the helm, TNT looks poised to continue its growth trajectory and deliver value to its customers and shareholders alike.