Hertz Global Holdings Inc. announced that Mark P. Frissora, the CEO of Hertz Global Holdings, has been appointed to the additional role of Chairman of the Board of Directors.
Mr. Frissora has also been appointed Chairman of the Board of The Hertz Corporation, an indirect subsidiary of Hertz Global Holdings.
Mr. Frissora joined Hertz as CEO in July 2006 after a successful six-year tenure as Chairman and CEO of Tenneco Inc., the $4.4 billion global supplier of automotive emission control and ride control products.
Mr. Frissora succeeds Craig R. Koch, who is retiring on January 1, 2007, concluding a 35-year career at Hertz. Hertz Global Holdings completed a successful initial public offering of common stock on November 21, 2006.
Mr. Frissora has over 28 years of consumer and automotive-related experience in both aftermarket and original equipment businesses.