Loading data...
When normal incentive structures go out the window, how do you keep key talent in times of severe financial distress?
Read More →Hertz is evaluating two loan offers of about $1 billion to $1.5 billion.
Read More →Emmanuel Delachambre, who was previously chairman and CEO at GEFCO France, will join Hertz on Oct. 5.
Read More →According to the Wall Street Journal, at least seven retired Hertz executives are condemning the company's plan to issue bonuses to upper management.
Read More →Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.
Read More →R. Eric Esper has served as senior vice president and chief accounting officer of Hertz since November 2018.
Read More →The company also reported a net loss of $847 million.
Read More →The plaintiffs are suing Hertz for "maliciously turning potential civil disputes about payment … into criminal theft reports and prosecutions.”
Read More →The settlement suspends litigation with debtors. Hertz agrees to pay $650 million and dispose of at least 182,521 leased vehicles by December 31.
Read More →A dragged-out post-lockdown recovery, a huge debt pile, and the potential for zero recoveries for unsecured creditors make the Hertz bankruptcy a likely liquidation, says Wall Street analyst Girish Bhise.
Read More →