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Carl Icahn

Icahn More Than Doubles Stake in Hertz

Billionaire investor Carl Icahn has more than doubled his stake in Hertz Global Holdings Inc. after the rental company reported a loss in its third quarter profit.

Hertz Taps Former Airline Exec Its President, CEO

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.

Hertz Appoints Icahn’s Nominees to Board

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.

Hertz Plans to Add 3 New Board Members

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.