Mark Eubanks Steps Up As Brink's Next Leader in Major Executive Reshuffle

Brink's Company (BCO) has elevated Mark Eubanks, who was serving as Executive Vice President and Chief Operating Officer, to the role of President and Chief Executive Officer, a change that takes effect on May 6, 2022. The appointment marks a significant milestone in the company's leadership transition, which had been disclosed as part of a structured succession strategy.

**Leadership Transition Details**

In conjunction with this promotion, Doug Pertz, the outgoing Chief Executive Officer and President, will assume the position of Executive Chairman of the Board. This move reflects a common approach in corporate governance where experienced leaders continue to guide strategic direction while stepping back from day-to-day operations. Additionally, Mike Herling, who has maintained his position as chairman since 2016 and served as a director since 2009, will transition to the role of independent lead director on the board.

**Mark Eubanks' Professional Background**

Mark Eubanks brings substantial operational expertise to his new position. Before joining Brink's in September 2021 as part of the company's leadership development framework, he held the position of President for Europe, Middle East and Africa at Otis Worldwide Corporation (OTIS). His tenure at Otis followed a distinguished career at Eaton Corporation, where he served as Group President of Electrical Products with oversight of six operating divisions that collectively generated approximately $6 billion in annual revenue.

**Board Recognition**

The Board of Directors has also formally nominated Eubanks as a director for consideration at the 2022 annual shareholders meeting, cementing his expanded role within the organization's governance structure.

*The statements contained herein represent perspectives on corporate leadership matters and do not necessarily constitute endorsements by financial institutions or market data providers.*