CFO Paul Siracusa Retires from Hertz

Hertz Global Holdings, Inc. announced July 27 that Paul J. Siracusa, executive vice president and chief financial officer, has informed the company that he will retire, effective August 31, 2007.

Elyse Douglas, currently the staff vice president and treasurer, will serve as CFO on an interim basis while the company considers internal and external candidates to fill the CFO position.

Anthony Fiore, currently staff vice president, Global Tax, will serve as treasurer on an interim basis, while maintaining his responsibilities overseeing the company's tax department.

Additionally, Siracusa has agreed to act in a consulting capacity over the next 12 months.

Siracusa joined Hertz in 1969, and has served as CFO for the last ten years. Prior to that appointment, he served as CFO of Hertz Europe and in a number of leadership roles in the finance area of Hertz's U.S. car rental operations.

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