Management

As Chief Executive Officer of Nesco, Lee Jacobson is responsible for leading the strategic growth of the organization. Mr. Jacobson has nearly 20 years of equipment rental industry experience, having joined Nesco as CEO in 2012. Previously, Mr. Jacobson spent more than a decade in various leadership roles at Terex Utilities Division, including Vice President & General Manager, Vice President of Commercial Operations, Vice President of Sales and Vice President of Business Development. Earlier in his career, he served as an Executive Vice President at Pacific Utility Equipment. Mr. Jacobson received a B.S. in Business Administration from the University of Oregon and is a certified public accountant (inactive) in the state of Oregon.

As Chief Financial Officer of Nesco, Bruce Heinemann is responsible for leading the external reporting, investor relations and corporate finance functions for organization. Mr. Heinemann has more than 30 years of private and public company experience, having joined Nesco as CFO in 2016. Previously, Mr. Heinemann served as the Chief Financial Officer of Tyden Group, a producer of consumable and permanent track & trace solutions owned by Crimson Investment, a global private equity firm. Earlier in his career, Mr. Heinemann served as the Director of Supply Chain Operations for Unisys Corporation, a worldwide information technology consulting services and solutions company. Mr. Heinemann received a B.S. in Finance from Bowling Green State University.

As President of Nesco, Robert Blackadar is responsible for sales and operations of the organization. Mr. Blackadar has more than 25 years of equipment rental industry experience, having joined Nesco as President in 2019. Previously, Mr. Blackadar served as Vice President of Operations for BlueLine Rental until its acquisition by United Rentals in 2018. While at BlueLine, Mr. Blackadar helped lead operations for an organization with 114 network locations and 46,000 fleet units. Prior to BlueLine, Mr. Blackadar served as Vice President of Global Sales with Ritchie Brothers Auctioneers, the largest global equipment auction company. Earlier in his career, he also served in various roles at United Rentals and Hertz Rental Equipment. Mr. Blackadar received a B.S. in General Studies from Louisiana State University.

As Chief Operations Officer of Nesco, Kevin Kapelke is responsible for the global operations of the organization. With more than 25 years of equipment rental industry experience, he leads the logistics, fleet support, infrastructure, and safety functions for Nesco, which include a portfolio of more than 4,000 pieces of rental equipment and more than 50 internal and external service locations. Mr. Kapelke is responsible for all equipment maintenance, repair programs, fleet compliance and coordination. Prior to joining Nesco in 2012, Mr. Kapelke served as a Divisional and Regional Vice President in Canada for HERC Rentals, a global equipment rental company, where he was responsible for a network of more than 50 branches and 650 team members. Mr. Kapelke attended the University of Washington from where he holds a B.S. in Business Administration.

Todd Barrett is Nesco’s Chief Accounting Officer and is responsible for leading the external reporting and accounting functions of the company. Previously, he was an engagement director for the accounting advisory firm, CliftonLarsonAllen LLP from January 2019 to June 2019. Prior to joining CliftonLarsonAllen LLP, he was a Partner at Ernst & Young LLP from July 2008 to December 2018, prior to which he held multiple managerial roles at the firm for over a decade.

As Chief Development Officer of Nesco, Dennis DePazza is responsible for the sourcing, design and implementation of initiatives that support the ongoing growth of Nesco. With more than 30 years of equipment design, sales and rental experience, Mr. DePazza heads all acquisition and greenfield business development for the organization. Mr. DePazza has played a critical role in the ongoing growth of Nesco, having led the completion of 4 strategic acquisitions since joining the Company in 2012. Prior to joining Nesco, Mr. DePazza worked for Terex Utilities in a similar capacity as the head of business development and marketing strategy where he was instrumental in expanding Terex Utility’s business portfolio. Mr. DePazza has a degree in Marketing from Linfield College and a degree in Electrical Design from Lane Community College.

As President of the Utility Equipment Outfitters business at Nesco, Kent Upton manages the Company’s Utility Equipment Operations (UEO) throughout the United States and Canada. With more than 23 years of equipment rental industry experience, Mr. Upton is responsible for the sales and rental of the Company’s Parts, Tools and Accessories (PTA) business. Under his leadership, UEO supplies PTA to customers in the Transmission/Distribution, Rail, Lighting, Sign and Telecom industries. Prior to joining Nesco in 2016, Mr. Upton worked for Pengo as Business Development Manager responsible for developing and maintaining Pengo’s marketing strategies and directing and developing the North American Sales Team. Previously, Mr. Upton worked for Time/Versalift in various sales and management roles within the equipment rental industry. Mr. Upton received a B.S. in Business - Marketing and Management from Appalachian State University.

Tim Bryan is Senior Vice President of Rental & Sales in Nesco’s Equipment Rental & Sales segment and is responsible for leading the company’s regional sales operations for each of the company’s end markets. From 2016 – 2019, he was the President of Nesco’s Rail, Light & Sign, Telecom (“RLST”) division. Prior to joining Nesco, he spent nearly 18 years at Herc Rentals, a global equipment rental company, where he served as a senior executive in the industrial sales group. Tim has a B.S. in Business Administration from Purdue University.

As Vice President of Sales and Rentals at Nesco, Beth Steffen manages the sale, rental and procurement of equipment for the Company’s operations in the western United States. With more than 35 years of equipment rental industry expertise, Ms. Steffen is responsible for rental operations in the Northwest, West Central, Southwest and the Mountain States. Prior to joining Nesco in 1998, Ms. Steffen served in a variety of managerial roles at UELC, an equipment rentals company acquired by Nesco.

As Vice President of Sales and Rentals at Nesco, Heath Northcutt manages the sale, rental and procurement of equipment for the Company’s operations in the southern United States. His role also includes responsibility for key strategic customer accounts within the Transmission & Distribution industry. With more than 25 years of progressive experience in sales leadership roles, Mr. Northcutt is responsible for rental operations in South Central, Gulf States, Southeast and North Central regions. Prior to joining Nesco in 2015, Mr. Northcutt served as the Director of Sales at Senco, a company specializing in construction fastening systems. Mr. Northcutt earned his Bachelor of Arts in Communication from Northern Kentucky University.