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Hertz Global Holdings, Inc. (formerly The Hertz Corporation), known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car , Firefly Car Rental and Thrifty Car Rental .
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 ] As a result of the impact of the COVID-19 pandemic on tourism , on April 30, 2020, Hertz announced that it has missed lease payments on its fleet and was seeking support ...
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[9] [10] On January 2, 2017, Kathryn V. Marinello was appointed as President and CEO of The Hertz Corporation, including Hertz Car Sales. As of May 18, 2020, Paul Stone is the CEO of The Hertz Corporation. [11] On, October 5, 2021, Hertz Mark Fields became be the interim CEO and Paul Stone became president and chief operations officer. [1]
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The splashy move certainly helped Elon Musk’s electric-vehicle maker, which saw its market cap surge past $1 trillion for the first time. Hertz enjoyed a bump in its market value as well, and ...