Hertz is starting a formal search to appoint a permanent chief financial officer. - Hertz

Hertz is starting a formal search to appoint a permanent chief financial officer.

Hertz

 

Hertz Global Holdings Inc. has appointed Alexandra Brooks, its Chief Accounting Officer, as interim Chief Financial Officer, effective April 1.

With CFO Kenny Cheung leaving to explore a career in another sector, Brooks will step in to take his place at Hertz, the company said on March 28.

Hertz is starting a formal search to appoint a permanent chief financial officer.

Cheung will remain at the company until April 14 to support the first quarter financial closing process and ensure an orderly transition.

"I would like to thank Kenny for his contributions to Hertz and we wish him the best in his future endeavors," said Hertz Chair and CEO Stephen Scherr.

"It has been a privilege to be the CFO of Hertz over the last two and a half years and to close my career at the company on a positive note at the end of this quarter," Cheung said in a press release. "I am confident that under Stephen's leadership, Hertz is well-positioned to deliver on its strategic priorities and create long-term value for shareholders."

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