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McGrath Rentcorp (MGRC) CEO Kakures to Take Medical Leave

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McGrath CEO Will Be On Medical Leave of Absence

October 5, 2016 4:12 PM EDT

LIVERMORE, Calif., Oct. 05, 2016 (GLOBE NEWSWIRE) -- McGrath RentCorp (NASDAQ: MGRC), a diversified business-to-business rental company, today announced its President and CEO, Dennis C. Kakures, will be on medical leave of absence due to a stroke, effective immediately.  At the present time, it is too soon to know the course and timing of Mr. Kakures recovery. In respect of Mr. Kakures privacy, no additional details or updates will be provided at this time.

The McGrath Board of Directors has established an Interim Office of the Chief Executive Officer (the CEO Office) during Mr. Kakures... More