Overland Rentals Inc., d/b/a Point-of-Rental Systems announced that Bob Shaffer and Steve Husbands have sold their interest in the company to long-term employee and Chief Technical Officer Wayne Harris. As manager of daily operations, Harris has served as company vice president since 2004, and was recently elected president of the corporation. Shaffer and Husbands will remain on the board, serving as vice president and secretary-treasurer, and will continue working in the company until their retirement sometime in 2012.
"After nearly 30 years with relatively no vacation, it's time to start enjoying the fruit of our labor," Shaffer joked as he prepares for a European vacation with his family. "But seriously, we have complete confidence in Wayne's ability to continue the success of the company," he said. "Because he has had a vital role in managing the business for so long, plus the fact that we've recently added staff, our customers shouldn't notice any change at all."
Shaffer and Husbands have been with the company since its founding in 1982 when Overland Rentals Inc. began as a single tool and equipment rental store in Arlington, TX. In 1984, the company started its Point-of-Rental Systems division to develop, market and support rental management software. Harris joined the company in 1993 to oversee the research and development of a Windows based software product. During that phase, the company built a second, larger rental store in Grand Prairie, TX, adding party and event items to the inventory. In 2001, after several years of development and testing, Point-of-Rental introduced its Enterprise rental management software for Windows which quickly became an industry bestseller. Three years later, the company sold the rental stores to a related party in order to concentrate on the growing software business. Since then, the award-winning software has skyrocketed with installations now totaling nearly 1,400 stores worldwide.
"We've seen tremendous growth over the last several years and are well-positioned to continue providing customers with excellent software necessary to make their businesses profitable," Harris stated. "I have been privileged to have Bob and Steve as mentors for the past 18 years, and with our team of rental and IT professionals on staff, we will uphold the reputation for excellence that Point-of-Rental Systems has earned."
As part of the transition, the company has hired Greg Bennett, formerly a district sales manager at the JLG Caterpillar Alliance Group, to be vice president of sales. Also, Mark Jordan, formerly special events operation manager with A Classic Party Rental, will be western regional sales manager, bringing 11 years of rental experience to the team. Additional support staff was added as well, including Lynne Law, formerly of the leading event rental operation PRO EM. She adds 25 years of rental experience, while Jim Barry, another new support team member, contributes eight years to the staff's wealth of working rental knowledge.
Harris adds, "An important factor is that while Bob and Steve are pillars in the rental community, even after their eventual retirement next year, our staff's cumulative rental experience will still make Point-of-Rental the industry's most rental-savvy software company."