PRG (Production Resource Group), New York, a provider of production solutions for entertainment and live events, has named Richard Porter as its CEO, effective Feb. 1, 2024. His appointment follows the departure of Stephan Paridaen, who resigned from the company for personal reasons.
Porter comes to PRG after leading and operating the tool and equipment rental division of The Home Depot, Atlanta. Porter was also chief operating officer of Compact Power Equipment Rental prior to its acquisition by The Home Depot in 2017. Porter also led the reverse logistics division of The Home Depot during this tenure.
Porter helped lead the strategic growth and performance optimization of The Home Depot rental business. He has a history of working with philanthropic causes that give back to local communities.
“Richard has a track record of driving growth through his adept management and focus on the needs of a large and diverse base of customers. Building off of a solid foundation, PRG is well positioned to grow and excel even further under Richard’s leadership,” said Lauren Krueger, managing director of Kohlberg Kravis Roberts & Co. (KKR), on behalf of the board of directors.
Porter said, “With every project, PRG brings to life its tagline of ‘People. Production. Possibility’ thanks to the most seasoned and knowledgeable professionals in the business. I’m honored to be leading this incredible team, building a collaborative culture and a future of growth and innovation. Working closely with Jere (Jere Harris, executive chairman, chief creative officer and founder) and the leadership team, I’m excited to create new opportunities for our people and uniquely valuable experiences for our customers around the globe.”