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Hertz opened a heavy equipment rental division in 1965, the Hertz Equipment Rental Corporation, with its first location in Houston, Texas and headquarters in Park Ridge, New Jersey. [104] Herc Rentals became an independently publicly traded company called Herc Holdings Inc. on July 1, 2016. [105] The company is headquartered in Bonita Springs ...
The company was founded in 1965 as a subsidiary of The Hertz Corporation. [9] It was originally named Hertz Equipment Rental Corporation (HERC). It was the second largest equipment rental company as of 1994. [10] Ford Motor Company considered acquiring HERC in 2002 but opted not to. [11]
The Dollar Thrifty Automotive Group was separated into two subsidiaries, Thrifty Car Rental and Dollar Rent A Car, under the Hertz Corporation. Each operates with its own sales, marketing, rental fleets, and franchise locations from Hertz's headquarters in Estero, Florida under President and CEO Kathryn V. Marinello. [32] [33] [34]
2006 - 407 US corporate locations with revenue of US$1,534,000,000 (equivalent to $2,318,472,103 in 2023) [13] [14] 2010 - Thrifty's rental system includes 331 locations in the US and Canada. The Hertz Corporation announced it would purchase the Dollar Thrifty Automotive Group for US$2,300,000,000 (equivalent to $3,052,442,383 in 2023) on ...
2006 – 85,000 cars and 407 US corporate locations [13] [14] 2009 – 106,245 cars and 600 US locations [15] 2012 – A fleet of 122,000 cars in 470 US locations [16] The Hertz Corporation announced the company would purchase of Dollar Thrifty Automotive Group for US$2.3 billion (equivalent to $3 billion in 2023) on November 19, 2012. [17]
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Wayne "Gil" West is an American businessman, and the CEO of Hertz Global Holdings since April 2024. West earned a bachelor's degree in mechanical engineering from North Carolina State University in 1984, and an MBA from National University in 1990. [1] West was chief operating officer (COO) of Delta Airlines from March 2014 to October 2020.
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