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Hertz reveals the three outgoing directors in Icahn pact


The well-known car rental company has been troubled recently by the departure of its CEO following internal audit issues and through a deal with billionaire investor Carl Icahn another three directors have left the management board. The company conceded the replacements with Icahn’s associates and now Henry C. Wolf, Barry H. Beracha and Philippe P. Laffont will leave the rental-car company’s ...
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More Hertz articles

Hertz to replace 3 directors after agreement with Icahn
Hertz Global Holdings Inc. reached an agreement with billionaire investor Carl Icahn to name three new directors for the board of the rental-car company in place of its current members. The ...
Hertz’s Chairman and CEO resigns
Mark Frissora, chief executive officer of Hertz Global Holdings Inc. stepped down after investors pushed for his removal due to accounting and operational slips. The Florida-based company stated that Frissora is ...
Rental guru Hertz says it will miss internal forecasts
Hertz Global Holdings Inc., the Naples, Florida-based company specialized in auto rentals, has announced its 2014 results are expected to fall “well below” its initial assessment. The company said the industrywide ...
Hertz adds another Ford Focus ST-H model to its fleet
As Ford and hertz share a long running tradition of cooperation, with collectible models like the 1966 Mustang GT350H or the 2008 Mustang Shelby GT-H, they expanded it now with ...
Hertz Penske Mustang GT unveiled
Hertz and Penske Racing have recently pulled the wraps off a special edition of the Mustang GT, which is adding some interesting features to the muscle car. The new Hertz Penske ...
NASCAR: Shell-Pennzoil extends Penske Racing sponsorship deal
Shell-Pennzoil has signed a multiyear extension with Penske Racing to remain the primary sponsor of the No. 22 Sprint Cup car. The deal reportedly runs through the 2018 season, for 33 ...
Hertz offers Lotus Evora as a rental car
The new Hertz “Adrenaline” range, as part of the Fun Collection in Germany, Spain, France and UK, is offering Lotus Evora vehicles as car rentals. Even though you are maybe used ...
New York: electric Smart cars to rent
Hertz will offer an electric version of the tiny Smart Fortwo for rent in New York, Washington, D.C., and San Francisco in the coming months, the companies announced today. Hertz says ...

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