HTZ

Hertz Announces Appointment of Gil West as Chief Executive Officer as Stephen Scherr Steps Down as CEO of the Company

Retrieved on: 
Friday, March 15, 2024

ESTERO, Fla., March 15, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ), a leading global rental car company, today announced that Gil West, former Chief Operating Officer of Delta Airlines and GM's Cruise unit, will become Chief Executive Officer effective April 1, 2024, at which time he will join the Board. West will succeed Stephen Scherr, who has decided to step down as Chief Executive Officer and member of the Board of Directors on March 31, 2024. West and Scherr will work together over the next several weeks to ensure a smooth transition.

Key Points: 
  • West will succeed Stephen Scherr, who has decided to step down as Chief Executive Officer and member of the Board of Directors on March 31, 2024.
  • West and Scherr will work together over the next several weeks to ensure a smooth transition.
  • "We are thrilled to have Gil join Hertz as Chief Executive Officer," said Tom Wagner, Vice Chair of the Hertz Board of Directors.
  • "Hertz is well-positioned for the future, and I look forward to seeing the company execute on its strategy as a leader in mobility."

Glancy Prongay & Murray LLP Announces Investigation of Hertz Global Holdings, Inc. (HTZ)

Retrieved on: 
Wednesday, January 24, 2024

Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Hertz Global Holdings, Inc. (Nasdaq: HTZ) concerning the Company and its directors’ and officers’ possible violations of state laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Hertz Global Holdings, Inc. (Nasdaq: HTZ) concerning the Company and its directors’ and officers’ possible violations of state laws.
  • If you inquire by email please include your mailing address, telephone number, and the number of shares purchased and held.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240124675685/en/

Lowey Dannenberg, P.C. is Investigating Hertz Global Holdings Inc. for Potential Violations of the Federal Securities Laws and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Hertz Global Holdings Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ) for potential violations of the federal securities laws.

Key Points: 
  • NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Hertz Global Holdings Inc. (“Hertz” or the “Company”) (NASDAQ: HTZ) for potential violations of the federal securities laws.
  • If you are a shareholder of Hertz and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact Radhika Gupta at [email protected] or you can call us at (914) 733-7212.

Hertz and EVgo Partner to Offer EV Renters One Year of Special Charging Rates

Retrieved on: 
Friday, November 17, 2023

Hertz (NASDAQ: HTZ) and EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a joint promotion to offer one year of special charging rates to drivers renting any EV model at a Hertz location across the country.

Key Points: 
  • Hertz (NASDAQ: HTZ) and EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced a joint promotion to offer one year of special charging rates to drivers renting any EV model at a Hertz location across the country.
  • In addition to unlocking special rates, drivers who enroll in this promotion will also have access to a variety of other benefits on the EVgo network, including the ability to earn points toward charging credit with EVgo Rewards™ .
  • EVgo and Hertz are committed to educating consumers about the benefits of driving electric, as well as how to take advantage of public charging infrastructure.
  • *Promotion is only available to new EVgo customers who sign up for an account with EVgo, for a limited time only.

Hertz Names Justin Keppy as Chief Operating Officer

Retrieved on: 
Tuesday, October 24, 2023

ESTERO, Fla., Oct. 24, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc., (NASDAQ: HTZ), a global leader in car rental, today announced that Justin Keppy will join the company as Executive Vice President and Chief Operating Officer, effective November 15, 2023.

Key Points: 
  • ESTERO, Fla., Oct. 24, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc., (NASDAQ: HTZ), a global leader in car rental, today announced that Justin Keppy will join the company as Executive Vice President and Chief Operating Officer, effective November 15, 2023.
  • In this role, Keppy will be responsible for running the day-to-day operations of the company's global business.
  • Keppy joins Hertz from Carrier Corporation where he most recently served as President, North America Residential & Light Commercial HVAC.
  • "I'm thrilled to join Hertz at such a transformational time for the company and the broader travel and automotive industries," said Keppy.

Hertz and Mayor Adams Launch "Hertz Electrifies New York City"

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- During New York City Climate Week, Hertz (NASDAQ: HTZ) CEO Stephen Scherr and New York City Mayor Eric Adams launched "Hertz Electrifies New York City," a public-private partnership aimed at increasing electric vehicle (EV) adoption and extending the environmental and economic benefits of electrification across neighborhoods.

Key Points: 
  • Mayor Adams Partners with Hertz to Add Electric Vehicles, Create Jobs, and Provide Workforce Training
    NEW YORK, Sept. 20, 2023 /PRNewswire/ -- During New York City Climate Week, Hertz (NASDAQ: HTZ) CEO Stephen Scherr and New York City Mayor Eric Adams launched "Hertz Electrifies New York City," a public-private partnership aimed at increasing electric vehicle (EV) adoption and extending the environmental and economic benefits of electrification across neighborhoods.
  • We are excited to partner with Mayor Adams to launch Hertz Electrifies during Climate Week, helping to make the electric driving experience more accessible in New York City while investing in the city's workforce."
  • "Hertz Electrifies New York City" builds on Mayor Adams' nation-leading efforts to make vehicles in the city more sustainable.
  • To support its growing EV presence in New York, Hertz is working with bp to launch bp pulse fast charging hubs in New York City, starting with midtown Manhattan.

Hertz Announces Departure of Paul Stone; Search For New Chief Operating Officer Underway

Retrieved on: 
Wednesday, September 13, 2023

Paul will remain employed with the company in a transitional capacity through October 31, 2023.

Key Points: 
  • Paul will remain employed with the company in a transitional capacity through October 31, 2023.
  • The company will conclude a search for a Chief Operating Officer in short order.
  • In the interim, key operations leadership will report directly to Stephen M. Scherr, Chair and Chief Executive Officer.
  • "I want to thank Paul for his leadership at Hertz, particularly through the company's restructuring," said Scherr.

Hertz Names Alexandra Brooks as Chief Financial Officer

Retrieved on: 
Wednesday, July 26, 2023

ESTERO, Fla., July 26, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Alexandra Brooks, the company's interim Chief Financial Officer since April 2023 and Chief Accounting Officer since 2020, has been named Executive Vice President and Chief Financial Officer, effective immediately. In addition, Kelly Galloway, Senior Vice President and Controller, is appointed Chief Accounting Officer.

Key Points: 
  • ESTERO, Fla., July 26, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Alexandra Brooks, the company's interim Chief Financial Officer since April 2023 and Chief Accounting Officer since 2020, has been named Executive Vice President and Chief Financial Officer, effective immediately.
  • In addition, Kelly Galloway, Senior Vice President and Controller, is appointed Chief Accounting Officer.
  • "In her role as Chief Accounting Officer and, more recently, Interim Chief Financial Officer, Alex has demonstrated the financial acumen, leadership skills and deep grounding in the Hertz business necessary to help lead an era of transformation at Hertz," said Stephen Scherr, Chair and Chief Executive Officer of Hertz.
  • Alexandra Brooks, a Certified Public Accountant (CPA), previously served as Interim Chief Financial Officer, Chief Accounting Officer and Senior Vice President, Internal Audit at Hertz.

Hertz and Mayor Dyer Launch "Hertz Electrifies Orlando"

Retrieved on: 
Thursday, May 11, 2023

ORLANDO, Fla., May 11, 2023 /PRNewswire/ -- Hertz (NASDAQ: HTZ) chair and CEO Stephen Scherr and Orlando Mayor Buddy Dyer launched Hertz Electrifies Orlando, a public private partnership aimed at accelerating the adoption of electric vehicles (EVs) and expanding the environmental and economic benefits of electrification across Orlando.

Key Points: 
  • In addition, Hertz is working with Orange Technical College (OTC) to help bring EV tools and training to its auto servicing students.
  • "We are thrilled to partner with Mayor Dyer to launch Hertz Electrifies in Orlando, the largest rental car market in the world," said Stephen Scherr, Hertz chair and CEO.
  • "Our partnership with Hertz Electrifies will help us meet our goal of accelerating electric vehicles and expanding charging infrastructure.
  • Orlando is the fourth City to partner with Hertz through Hertz Electrifies, as part of a multi-city rollout of this national public-private initiative.

Hertz and Mayor Dickens Launch "Hertz Electrifies Atlanta"

Retrieved on: 
Wednesday, April 19, 2023

ATLANTA, April 19, 2023 /PRNewswire/ -- Hertz (NASDAQ: HTZ) chair and CEO Stephen Scherr and Mayor of Atlanta Andre Dickens launched Hertz Electrifies Atlanta, a public private partnership aimed at accelerating the adoption of electric vehicles (EVs) and expanding the environmental and economic benefits of electrification throughout Atlanta.

Key Points: 
  • "We are thrilled to partner with Mayor Dickens in launching Hertz Electrifies Atlanta, particularly given the city's position as a global transportation hub and an important center of innovation and commerce," said Stephen Scherr, Hertz chair and CEO.
  • "The City of Atlanta wants 100% clean energy for 100% of Atlantans by 2035, and public-private partnerships like the Hertz Electrifies Atlanta initiative will help us move closer to our goal," said Atlanta Mayor Andre Dickens.
  • Atlanta is home to Hertz's third largest total fleet and third largest EV fleet in the U.S., which will expand significantly through Hertz Electrifies.
  • Atlanta is the third City to partner with Hertz through Hertz Electrifies, as part of a multi-city rollout of this national public-private initiative.