ESTERO, Fla., Aug. 14, 2020 /PRNewswire/
-- Hertz Global Holdings, Inc. (NYSE: HTZ) ( the
"Company" or "Hertz") a global leader in car rental, today
announced that Chief Financial Officer (CFO) Jamere Jackson,
has resigned to pursue a new opportunity. Mr. Jackson will
remain with Hertz until September 11,
2020, to assist in the transition of his
responsibilities.
The Company also today announced the promotion of R.
Eric Esper to Executive Vice President of Finance, Chief
Financial Officer, and Kenny K. Cheung to Executive Vice
President of Finance, Chief Operational Finance and Restructuring
Officer, effective immediately. They will report directly to
Paul Stone, Hertz's President and
Chief Executive Officer, as will the Company's Treasurer,
Scott Massengill.
Mr. Esper has served as Senior Vice President and Chief
Accounting Officer of Hertz since November 2018. He previously served as Vice
President and Controller of the Company beginning March 2018. From July
2010 to March 2018, Mr. Esper
held a variety of financial leadership roles with Norwegian Cruise
Line Holdings Ltd., most recently as Vice President, Brand Finance
& Strategy, and Vice President and Controller. Prior to that,
Mr. Esper was with PricewaterhouseCooper, LLC. He is a Certified
Public Accountant.
Mr. Cheung has served as Senior Vice President of Global
Financial Planning & Analysis and Chief Financial Officer of
North America at Hertz. He joined
the Company in December 2018. He
previously held a variety of financial leadership roles with
Nielsen Holdings, PLC ("Nielsen"), an information, data and
measurement firm, most recently as Global Chief Audit Executive,
and prior to that as a regional Chief Operating Officer after
holding the position of regional Chief Financial Officer. Prior to
Nielsen, Mr. Cheung worked for General Electric in various roles
across Supply Chain, Operations, and FP&A.
Mr. Massengill has served as Senior Vice President and Treasurer
of Hertz since July 2008. Prior to
joining Hertz, Mr. Massengill served as Chief Financial Officer for
the $2 billion domestic residential
heating and air conditioning business division of Trane Inc.
(formerly American Standard Companies Inc.) from 2005 to 2008.
Prior to that, he was Vice President and Treasurer at American
Standard from 2001 to 2005. Mr. Massengill has also held management
level financial positions at Bristol–Myers Squibb, AlliedSignal and
Exxon.
"The finance function is extremely important. This leadership
structure provides us with deep expertise that will be especially
valuable as we navigate the uncertainty around travel that the
global pandemic has produced and as we work our way through the
bankruptcy process," said Stone. "We're fortunate to have
incredible bench strength on our Finance team. I've worked closely
with Eric, Kenny and Scott for several years, and appreciate the
value they add through the different perspectives they bring, while
remaining tightly aligned on vision and strategy."
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. Product and service initiatives such as Hertz
Gold Plus Rewards, Ultimate Choice, Carfirmations, Mobile Wi-Fi and
unique vehicles offered through its specialty collections set Hertz
apart from the competition. Additionally, The Hertz Corporation
owns the vehicle leasing and fleet management leader Donlen
Corporation, 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.