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Hertz Searches for a New CEO After Bankruptcy – The Wall Street Journal

Hertz filed for bankruptcy in 2020, struggling under a mountain of debt when the pandemic hit, and emerged in June this year. Photo: john g mabanglo/Shutterstock Hertz Global Holdings Inc. is in talks to name a new chief executive officer, as the car-rental company resets after emerging from bankruptcy under new ownership, people familiar with the matter said. CEO Paul Stone has had the top job at Hertz since May 2020, taking the position days before the company filed for bankruptcy protection. Hertz exited chapter 11 earlier this year and is now controlled by an investor group led by Certares …

 

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