ESTERO,
Fla., June 3, 2024 /PRNewswire/ -- Hertz Global
Holdings, Inc. (NASDAQ: HTZ) ("Hertz", "Hertz Global" or the
"Company"), a leading global rental car company, today announced
the appointment of Scott M. Haralson
as Chief Financial Officer, joining the company by the end of June.
Haralson will succeed Alexandra
Brooks, who is leaving the Company to pursue other
opportunities but will remain until the end of the month to ensure
an orderly transition.
"I am thrilled to have Scott join the Hertz team," said Hertz
CEO Gil West. "His deep expertise in
financial management and leveraging the capital markets to drive
business transformation will be invaluable to Hertz as we rotate
our fleet, deliver operational excellence, build greater cost
discipline and undertake other key initiatives to improve our
financial performance. I welcome Scott's partnership in helping
lead Hertz through this transition year and into our next phase of
growth as we seek to deliver sustainable long-term shareholder
value."
"I'm honored to be joining such a storied brand in the travel
industry at this critical moment in Hertz's journey," said
Haralson. "I look forward to working alongside Gil and the entire
Hertz team as we continue strengthening the balance sheet and drive
enhanced profitability to unlock new opportunities for growth, all
with an eye toward delivering excellent service to customers and
shaping the future of mobility."
Haralson is a seasoned executive and veteran of the
transportation industry with over 25 years of leadership and
corporate finance experience, having most recently served as Chief
Financial Officer of Spirit Airlines, where he helped the company
navigate the pandemic and strengthened its financial position.
Prior to Spirit Airlines, Haralson held key financial leadership
roles at Dish Network, Frontier Airlines, Swift Aviation Group and
US Airways. He has deep experience across all facets of financial
management, including capital markets and capital funding, capital
budgeting, strategic planning, forecasting, financial planning and
analysis and cost management and treasury and cash management.
"I want to thank Alex for her dedicated service to Hertz over
the past four years," West added. "Alex has played an important
role in shaping Hertz, first as Chief Accounting Officer and then
as CFO."
In addition, Hertz and Chief Operating Officer Justin Keppy have agreed that Mr. Keppy would
resign from the Company, effective June 3,
2024. "As we welcome Scott onto the team for this next
exciting chapter at Hertz, we thank Alex and Justin for their
contributions to the company and wish them well in their next
endeavors," West said.
ABOUT HERTZ
The Hertz Corporation, a subsidiary of Hertz Global Holdings,
Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands
throughout North America,
Europe, the Caribbean, Latin
America, Africa, the
Middle East, Asia, Australia and New
Zealand. The Hertz Corporation is one of the largest
worldwide vehicle rental companies, and the Hertz brand is one of
the most recognized globally. Additionally, The Hertz Corporation
owns and operates the Firefly vehicle rental brand and Hertz 24/7
car sharing business in international markets and sells vehicles
through Hertz Car Sales. For more information about The Hertz
Corporation, visit www.hertz.com.
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SOURCE Hertz Global Holdings, Inc.