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

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

2017: Fleet Mix Will Be Paramount

Car rental companies are migrating to vehicle segments with better residual values, though not without bumps in the road.

Auto Rental Summit: Five Trend Lines

Taking in the seminars, discussions, and networking at the 2016 Auto Rental Summit, trend lines emerged around shifts in model mix, data protection issues, increasing labor costs, workforce engagement, and new platforms to rent cars.

Job Finder: Access Top Talent. Fill Key Positions.