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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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Hertz Global Holdings Inc. reported its third quarter 2014 U.S. revenue of $1.8 billion. For the full-year 2014, corporate EBITDA is anticipated between $1.3 billion to $1.45 billion, which reflects the impact of adjustments relating to the ongoing accounting review.
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Working with Panasonic Enterprise Solutions, solar power installations have been completed at Hertz Rent-a-Car facilities at Denver and St. Louis Airports. Solar power will be installed soon at Newark Liberty International Airport and John F. Kennedy Airport.
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The Hertz Corp. will demonstrate its HIRS for Repair Shops web portal at the 2014 Specialty Equipment Market Association (SEMA) trade show in Las Vegas.
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Nissan has selected Hertz as its exclusive mobility partner after the auto brand was named the official sponsor for England’s UEFA Champions League and UEFA Super Cup.
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Investment activist firm becomes Hertz's second-largest shareholder behind Carl Icahn.
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United Airlines has expanded its partnership with Hertz, naming the car rental company as its exclusive car rental partner beginning Nov. 1.
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The Hertz Corp. had a “topping out” ceremony to celebrate the placement of the last piece of structural steel to its new global headquarters in Estero, Fla.
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