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New CEO for Modulaire – International Rental News
Modulaire, owner of Algeco and other portable accommodation rental businesses, has appointed Pavan Pattada as its group CEO, replacing the retiring Mark Higson.
Pattada joins from Westinghouse Electric Company where he served as executive vice president, global operations services for five years. Prior to that he spent 16 years in senior roles at Eaton Corp. His career began with stints in the merchant marine and Deloitte Consulting.
Pavan Pattada is joining Modulaire from Westinghouse Electric.
He will join Modulaire on July 8 and become CEO on August 1.
Modulaire said that while at Westinghouse, Pattada was instrumental in leading the restructuring of the business by supporting a step change in operating performance and enabling the business to return to growth.
The Board of Modulaires thanked Higson for his leadership since 2020; During that period, he has overseen the successful transition of Modulaire Group under Brookfields ownership, delivering sustainable profitable growth and greatly improved safety and ESG performance.
Modulaire operates in 23 countries and has a fleet of more than 335,000 modular spaces and portable storage units, as well as 5,000 remote accommodation rooms.
It operates as Algeco in Europe, including the UK, and its other brands include Advant (UK), Altempo (France), Ausco and NET Modular (Australia) and Portacom (New Zealand).
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