Hertz Names New Leader of Fleet and Procurement

Hertz Global Holdings Inc. has appointed Thomas Frese as the new senior vice president, fleet and procurement, effective March 23.

Frese will report to Tom Kennedy, senior executive vice president and chief financial officer. He will be responsible for Hertz’s fleet operations and purchasing functions.

Frese previously served as a principal and leader in McKinsey & Co.’s North American operations and purchasing practice. He has experience driving performance transformation across operations, purchasing and strategy in the travel, transportation and automotive industries.

"We are pleased that Tom Frese has joined the Hertz team,” said Kennedy. “He brings us vast experience across a wide range of industries designing and helping McKinsey clients successfully execute efficiency, purchasing, operational and strategic initiatives, which have saved billions of dollars and created sustainable competitive advantages. Tom will help Hertz transform key areas of the business to generate significant, incremental shareholder and customer value."

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Will Cars Become Transportation Appliances?

The cars are still the stars, but this year’s L.A. Auto Show revealed an auto industry at a crossroads.

U.S. Car Rental: Sanity in the Face of Disruption

A newfound austerity in fleeting is producing a domino effect of benefits for 2018.

Understanding The Fleetification of Everything

As fleet miles increase exponentially, and as new stratum of fleet enter both consumer and business use cases, the "founding fathers" who gathered at Fleet Forward in Miami last week have some work to do.

Job Finder: Access Top Talent. Fill Key Positions.

>