Hertz appoints CEO Stephen Scherr to additional role of Board Chair and announces Fran Bermanzohn and Jeff Nedelman joinig as Independent Directors

– USA, FL –  Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced certain changes to the composition of its Board of Directors, effective immediately, increasing the Board to ten members of whom eight are independent.

  • Greg O’Hara is stepping down from the Board,
  • Thomas Wagner remains on the Board as Vice-Chair,
  • CEO Stephen Scherr assumes the additional role of Board Chair,
  • Fran Bermanzohn joins the Board as an independent director,
  • Jeff Nedelman joins the Board as an independent director.

“We have made considerable progress since I joined Hertz last February. With the talented leadership team now assembled, we are well-positioned to execute our core priorities of shared mobility, electrification, and a digital-first customer experience,” said Mr. Scherr. “I am honored to chair this highly qualified Board, and with the addition of Fran and Jeff, the Board is increasingly more independent and diverse in its composition.”

About HERTZ

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar, and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car-sharing business in international markets and sells vehicles through Hertz Car Sales.

For more information: https://ir.hertz.com/

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