September 19, 2021

Biz Journal

Business perfection

Hertz Searches for a New CEO After Chapter

Hertz International Holdings Inc. is in talks to call a brand new chief government officer, because the car-rental firm resets after rising from chapter underneath new possession, folks acquainted with the matter stated.

CEO Paul Stone has had the highest job at Hertz since Could 2020, taking the place days earlier than the corporate filed for chapter safety. Hertz exited chapter 11 earlier this 12 months and is now managed by an investor group led by Certares Administration LLC and Knighthead Capital Administration LLC.

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