The changes to Hertz board of directors increases the size of the board to 10 members and the number of independent directors to eight. CEO Stephen Scherr assumes the position of board chair.
Ned Ryan steps in as the new chief product development officer for Hertz, to oversee the company's efforts to deliver connected products and technology.
Caleb Smith, former vice president of business development for GC Logistics, has been named as U-Save Car & Truck Rental’s new VP of business development.
Erich Sixt to resign from Sixt management board. His sons Alexander and Konstantin Sixt will succeed him as joint chairmen of the board and co-CEOs on the group management board.
The final day examined whether the car rental industry has turned the corner to meet next year’s challenges. The answer is not about the current travel outlook, which still isn’t pretty. It’s about how car rental companies are reacting to meet those conditions.
Brooks previously had served as senior vice president, internal audit at Hertz since June 2020.
Hertz’s board of directors has named Paul Stone, most recently head of retail operations in North America, to assume the role of CEO and president, effective immediately.
The top 10 Auto Rental News stories of 2016 from newsletter traffic covered several topics including personnel changes, financial reports, the rise of ride-hailing services, and a class-action suit.
Thompson is also the company's president and CEO.
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