MESA, Ariz.--(BUSINESS WIRE)--Steve Nadelman has been appointed president and chief operating officer of Acme Lift Co., bringing three decades of equipment rental industry experience to the world’s largest wholesale rental company – most recently as United Rentals Inc.‘s senior vice president overseeing the company’s operations in western North America.
“Steve Nadelman is one of the most capable and visionary leaders produced by the rental industry in the last 30 years,” said Woody Weld, chairman and chief executive officer of Acme Lift, which features the biggest and latest aerial work platforms. “Steve brings his operational excellence, unparalleled drive and enormous intelligence, which allows Acme Lift to accelerate its growth as the wholesale rental industry recovers. Steve also brings significant international rental experience, which will allow Acme Lift to expand into additional markets not currently served.”
“I am thrilled to join the Acme Lift team at a time when the company is poised to take advantage of its new capital structure and an improving market,” Nadelman said. “Woody’s visionary leadership and intense customer focus have been the key drivers of Acme Lift’s success, even through the recent economic downturn. I look forward to working with the Acme Lift team and very much look forward to our company’s growth in the wholesale sector in the years to come.”
Nadelman spent 19 years with United Rentals and its predecessor, US Rentals, rising from a division manager to senior vice president of operations in 2008, when he directed United Rentals’ operations across the western United States, Canada and Mexico.
He began his career working at his family’s heavy crane rental business in Long Beach, Calif., during his high school and college summers. In 1983, he joined Hertz Equipment Rental Corp., working his way from branch manager to operations manager of the company’s northeastern and western region. During his eight years with the company, he produced a string of turnarounds and led entries into new markets.
Nadelman joined US Rentals in 1991 as a division manager and was promoted the following year to vice president. He opened 60 branches, closed deals for 40 acquisitions, and helped the company go public and later merge with United Rentals in 2004. Nadelman was vice president of United Rentals’ southwestern region from 1998 to 2004, steering daily operations in 15 states and Mexico.
In 2005, he was promoted to senior vice president of field operations and corporate real estate. During his three years in that job, he developed and managed corporate growth strategy, implementing a plan to establish more than 40 new locations in the United States, Canada and Mexico each year. Nadelman also restructured the corporate real estate group and oversaw a portfolio of more than 1,000 properties, including the company’s design and construction group.
He left United Rentals in July 2010 to become executive consultant and principal at RMS Management Consulting in Newport Beach, Calif., providing management and turnaround consulting to clients in the construction industry.
Acme Lift recently completed a $77.2 million recapitalization that will enable the company to accelerate its growth, offer an expanded lineup of new articulating and telescoping boom lifts and large-capacity telehandlers, and bolster its ability to quickly respond to the needs of its re-rental customers with improved operational support and capabilities.
About Acme Lift Company
Acme Lift, a privately owned company based in Mesa, Ariz., has the largest selection of 80-, 120-, 135-, and 150-foot boom lifts and the latest 6,000- to 12,000-pound telehandlers for re-rent at competitive daily, weekly or monthly rates. For more information, please visit www.acmelift.com or contact Matt Mygatt at 877-254-0650 or 505-220-9882. For photo, click here. High-resolution photo available upon request.