United Rentals, Inc. announced Jessica Graziano, Executive Vice President and Chief Financial Officer, will be leaving the company on July 29, for another opportunity. Graziano joined the United Rentals finance organization in 2014, and was named CFO in 2018. She will remain in an active role with United Rentals through July 29 to ensure a smooth transition to Ted Grace, who has been appointed Interim Chief Financial Officer.
Grace joined United Rentals in 2016 as Vice President and Head of Investor Relations, and has been an integral leader across all aspects of the finance function during his tenure. He has built enduring relationships with the investment community over the course of his career, including two decades as an investment banker and research analyst with leading institutions. Grace will continue to be the primary investor contact as Interim Chief Financial Officer and will serve in this dual role while the company undertakes an executive search process.
Matthew Flannery, Chief Executive Officer of United Rentals, said, “We expect this to be a seamless transition between two seasoned executives who have worked closely together for years, underpinned by a robust finance organization. Ted is well-versed in areas of the business that relate to his expanded responsibilities as interim CFO. In addition, he will ensure that our investors have continuity of access to management.”
Flannery continued, “I want to thank Jess for her exemplary leadership during a period of significant growth for United Rentals, as well as intense macro disruption — all successfully navigated with a strong financial strategy and effective capital management. We wish Jess every success with her next opportunity."
United States Steel Names Graziano as SVP and CFO
United States Steel Corporation announced the appointment of Graziano as Senior Vice President and Chief Financial Officer, effective Aug. 8. Graziano will report directly to David B. Burritt, President and Chief Executive Officer, and have responsibility for all aspects of finance, including financial planning and analysis, corporate accounting, tax, treasury, pension investments and investor relations. She will also be instrumental in advancing the company’s Best for All strategy of providing profitable steel solutions for people and planet.
“I am pleased to welcome Jessica to U. S. Steel’s executive management team,” said Burritt. “Her extensive experience in leading financial operations and proven track record of strong results will be invaluable to the company. As we continue to execute our Best for All strategy, Jessica’s strong leadership will be a great asset to U. S. Steel.”
“This is an exciting time to join U. S. Steel,” said Graziano. “I am very honored to join an iconic company, and I look forward to working with the team as it continues to transform its business model and expand its competitive advantages to create long-term value for stockholders.”
Before joining U.S. Steel, Graziano spent eight years with United Rentals, Inc., the world’s largest equipment rental provider, culminating in her position as Executive Vice President and Chief Financial Officer from 2018 through July 2022. In this role, she was responsible for all finance functions and participated in making key operational, acquisition and global expansion decisions. Previously, Graziano spent five years at Revlon where she advanced through positions of increasing responsibility before being named as Senior Vice President, Chief Accounting Officer and Corporate Controller. Prior to Revlon, she served in a variety of senior leadership roles in the areas of internal audit, financial reporting, and financial planning and analysis.
Graziano earned a Bachelor of Science in Accountancy from Villanova University and completed her Master of Business Administration in Finance from Fairfield University. She is a certified public accountant.