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National recognition follows company’s major EV expansions in Denver and Houston.
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Hertz names Chief Accounting Officer Alexandra Brooks as interim CFO.
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In the Americas segment, Hertz finished with 422,113 average vehicles in its fleet, a 21% gain over the second quarter of 2021, while depreciation per unit fell 36% to only $49 a vehicle.
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Biler Group will become the new master Hertz franchisee in Denmark starting in 2023.
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Earnings fared even better, as Hertz posted $614 million in adjusted corporate EBITDA — its best performance in the first quarter since 2007.
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Hertz’s 2021 fourth quarter and full year earnings call shed light on its post-bankruptcy future, the near-term prospects for car rental fleet and demand, progress in EV rentals, and a new corporate mindfulness.
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Scherr spent nearly three decades at Goldman Sachs, departing as CFO. Mark Fields retains a board seat.
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International Franchisee United Garage celebrated 60 years of partnership with Hertz, today operating as Hertz Leasing, offering passenger cars and LCVs (light commercial vehicles).
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The company's total revenue for the quarter is $2.2 billion, up 19% from Q2 2021.
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Hertz's new chief information officer will be working to modernize the company's technology roadmap.
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