Hertz Global Holdings announced that Paul Stone, COO and president, will step down from his role effective September 30, to pursue opportunities in the retail sector, where he began his career. Paul will remain employed with the company in a transitional capacity through October 31. The company will conclude a search for a COO in short order. In the interim, key operations leadership will report directly to Stephen Scherr, chair and CEO.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HTZ:
- What You Missed This Week in EVs and Clean Energy
- Hertz in pact with all-electric ride sharing company Revel, NY Post says
- Hertz Global Holdings put volume heavy and directionally bearish
- ‘We See Healthy Upside Ahead’: Billionaire Dan Loeb Uses These 2 ‘Strong Buy’ Stocks to Bet on Favorable Economic Conditions
- Hertz CEO tells WSJ looking to revitalize Dollar Car Rental subsidiary