WillScot names Timothy Boswell CEO from January 1, 2026; Soultz departs
WillScot Holdings said President and Chief Operating Officer Timothy Boswell will succeed Bradley Soultz as chief executive effective January 1, 2026, and Soultz's separation is expected as of December 31, 2025. Board Chair Worthing Jackman becomes Executive Chair and an employee effective September 4, 2025, and Jeff Sagansky will serve as Lead Independent Director.
Key points
- Boswell's Amended Employment Agreement sets a base salary of $850,000 and a target bonus of 125% of base salary, plus a target annual equity grant of $2,700,000, and runs through December 31, 2028.
- Boswell will receive two promotion grants of 100,000 stock options each, on September 4, 2025 and on or about January 2, 2026.
- The Board will expand from ten to eleven directors effective January 1, 2026, with Boswell appointed to fill the new seat.
- Jackman's offer letter provides a $300,000 annual base salary, a performance share unit award with a $1,600,000 grant value, 120,000 stock options, and restricted stock units with a $1,200,000 grant value.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 03, 2025.
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