Hertz Names Philippe Laffont as New Director of Board

Elected by Hertz’s Board of Directors and the Hertz Corp., Philippe P. Laffont has been named as the new director of the Hertz Board.

Founder and chief investment officer of Coatue Management, Laffont serves on the advisory board of the Robin Hood X Prize and is a Trustee of the New York Presbyterian Hospital. Prior to founding Coatue, Laffont worked at Tiger Management as a research analyst from 1996 to 1999.

Laffont started his career as an analyst in management consulting for McKinsey & Co. in Madrid, where he worked from 1992 to 1994, and then served as an independent consultant until starting at Tiger Management.

"We are fortunate to add a new member to the Hertz Board who has a strong background in identifying and capitalizing on long-term technology trends based on fundamental research," said Mark P. Frissora, Hertz chairman and chief executive officer. “… Philippe's experience and advice will be instrumental as Hertz introduces additional customer-focused, technology-based innovations to further transform the rental experience."

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.