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BigRentz Selects Chief Financial Officer to Support Aggressive Company Growth

IRVINE, Calif., Nov. 14, 2017 (GLOBE NEWSWIRE) -- BigRentz, the nation’s largest equipment rental network, promoted Neda Imbimbo to Chief Financial Officer (CFO) reporting to Scott Cannon, Chief Executive Officer (CEO). Imbimbo was formerly the Vice President of Finance and Operations at BigRentz and was instrumental in instituting accounting processes, systems automation and operations that enabled the company to experience consistent double digit revenue growth over the past five years. She also played a key role raising $20 million in funding since she joined the company in 2014.

Neda Imbimbo has been promoted to Chief Financial Officer at BigRentz.


A photo accompanying this announcement is available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/2a690586-39f3-47c4-8d05-fe1fd16f69c1

“Neda has been a vital member of my team since I joined BigRentz; she understands the dynamics of our business within the equipment rental industry better than anyone,” commented Cannon. “As CFO, Neda encompasses the unique qualifications needed as we continue to grow and explore options for additional equity. She has the perfect blend of acute financial knowledge within an organically grown company, and drive to help take the company to the next level.”

Imbimbo commented, “The equipment rental industry is expected to top $56 billion by 2020 and presents enormous opportunity for our unique technology platform. My goal is to continue to increase equity and value to our investors, employees, partners and customers.”

Imbimbo leads an in-house team consisting of finance, audit, taxes and human resources. She is a member of Vistage, a senior executive peer group, and has a B.A., Economics, Psychology from University of California, Davis. She is also extremely active in leading BigRentz in corporate social responsibility initiatives with a special emphasis on Habitat for Humanity of Orange County.

About BigRentz
BigRentz is a technology-enabled, full-service, online construction equipment rental marketplace. Our 1,500 rental partners and 7,500 rental yards represent the largest equipment rental network in the nation. We simplify the procurement and logistics challenges of renting construction equipment. BigRentz rents aerial equipment: scissor lifts, boom lifts, and forklifts; earthmoving equipment: skid steer loaders, excavators, and loaders; and site services: light towers, dumpsters, and storage containers to customers in a variety of industries. Visit www.BigRentz.com.

Editorial Contact:
Jim Arabia
Vice President, Marketing
Jim.Arabia@bigrentz.com

Source: BigRentz