The board of directors at Hertz Global Holdings has approved the announced separation of its car rental and equipment rental businesses. The equipment rental company will change its name to Herc Holdings Inc.
Donlen CEO to Retire, Hertz Reports
Gary Rappeport, CEO of Donlen, a fleet leasing and management company that was acquired by Hertz, will be replaced by Donlen’s current president and COO, Tom Callahan.