NES Appoints New CFO

Feb. 1, 2002
EVANSTON, Ill. National Equipment Services named Michael Milligan, a former PricewaterhouseCoopers official, as its chief financial officer, replacing

EVANSTON, Ill. — National Equipment Services named Michael Milligan, a former PricewaterhouseCoopers official, as its chief financial officer, replacing Dennis O'Connor, who was transferred to the new post of north central vice president finance, following the company's Jan. 1 acquisition of Brambles Equipment Services.

“Mike worked with our company as the engagement partner at Pricewaterhouse-Coopers when NES was formed in 1996 and worked with us through 37 acquisitions, three corporate bond offerings and our initial public stock offering,” said NES president and CEO Kevin Rodgers. “His background as a PwC partner on both the audit and mergers and acquisitions side is complemented by his recent work as CFO of Telenisus Corp., a privately held company involved in the managed data security services.”

O'Connor will take on the responsibility of integrating Brambles' back office operations with the former central region of NES. The new north central and south central regions of NES, including the former Brambles, will have combined revenues of about $340 million this year, Rodgers said.

O'Connor has served as NES' CFO since the company was formed in August 1996. Prior to helping found NES, O'Connor served as Brambles' CFO for five years.

NES is No. 6 on the RER 100.