Cross Rental Services names new chief executive
Equipment rental specialist Cross Rental Services has appointed Matt Parker as chief executive as it continues its expansion across the UK and Ireland.
Matt, who joined the business as UK managing director in 2024, succeeds Graeme Nesbitt, who moves into the role of board director and strategic advisor after almost seven years as chief executive.
The planned transition follows double-digit year-on-year revenue growth during 2026, with Matt having overseen investment in equipment, people and infrastructure across the UK operation.
Matt said: “Cross Rental Services has a strong reputation, exceptional people and significant opportunities ahead.
“Our focus will be on building on the expertise that exists across the Group, investing in engineering capabilities and continuing to develop specialist solutions that help our customers operate in some of the most demanding environments.”
The company has also appointed Russell Harrison as chief financial officer.
Russell qualified with PwC and has held senior roles at New Look, including group finance director, before becoming chief financial officer and chief operating officer at Hobbycraft.
He joins from Churches Fire & Security and brings experience supporting multi-site, private equity-backed organisations.
Russell added: “Cross Rental Services has ambitious plans and strong foundations, making this an exciting time to join.
“My focus is on supporting the delivery of the Group’s strategy and ensuring we continue to invest in the things that matter to support long-term growth.”
The leadership changes come as Cross Rental Services continues investing in acquisitions, its fleet and operational capabilities, alongside expanding its depot network with new sites in Warrington and Birmingham.
Graeme Nesbitt, board director and strategic advisor at Cross Rental Services, added: “Cross Rental Services has been a huge part of my career and I remain incredibly passionate about the business, its people and its future.
“This is a carefully planned transition and one that I believe positions the Group strongly for the years ahead.
“Matt has made a significant contribution since joining the business in 2024 and has played an important role in our growth and development.
“He has my full support as he takes on the role of chief executive and I look forward to continuing to support the business, our customers and our shareholders in my new role.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't