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Sixt SE’s supervisory board has added two new members to its managing board: Alexander Sixt and Konstantin Sixt.
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Hertz Global Holdings Inc. announced that John P. Tague has been appointed president and chief executive officer and to the company's board of directors. Tague previously served as the president and chief operating officer of United Airlines.
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This year has been one of turmoil and change for the Hertz Corp., as it parted ways with its CEO and has yet to file a financial report in 2014.
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In addition to restating 2011 financial statements in June, the Audit Committee of the Hertz Board of Directors has found that the 2012 and 2013 annual and quarterly financial statements must also be restated and can no longer be used.
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Avis Budget Group’s board of directors has authorized an additional $200 million of future share repurchases. This gives the company $375 million of available repurchase authorization.
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Hertz has appointed three new directors to the Hertz Board of Directors (Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi), which were nominated by Carl C. Icahn, Hertz’s largest shareholder.
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Hertz plans to add three candidates nominated by Carl C. Icahn, Hertz’s largest shareholder. Icahn has agreed to not run a proxy contest and to vote in favor of the Hertz’s nominees at the annual meeting.
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Europcar's CEO Roland Keppler will end his term of office as of July 31. Chief Financial Officer Caroline Parot will assume the role of interim CEO during the recruitment process.
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Hertz Global Holdings Inc.’s Audit Committee of the Board of Directors has found that the financial statements for 2011 can no longer be used and must be restated. In addition, Hertz needs to fix the 2012 and 2013 statements to reflect these errors.
Read More →Avis Budget Group Inc. has repurchased approximately $135 million of stock under its current stock repurchase program.
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