Today news
About the same in other media
Hertz appoints Gil West as CEO
Reading now: 791
investing.com(Reuters) — Rental car firm Hertz said on Friday it has appointed Gil West as its chief executive officer, effective April 1.
West, who has previously served as chief operating officer of Delta Airlines (NYSE:DAL) and GM's Cruise unit, will succeed Stephen Scherr, who has decided to step down as CEO and member of the Board.
The transition comes at a time when Hertz has been struggling with higher repair costs and weak demand for the electric vehicles it offers on rent.
Earlier this year, Hertz said it was selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet and will instead opt for gas-powered vehicles.
Shares were down 2% at $7.43 in extended trade.
Read more on investing.comAbout this in other media
Wipro appoints Anne-Marie Rowland as new Capco CEO livemint.com /9 months ago
Liontrust appoints head of UK strategic partners to boost funds distribution investmentweek.co.uk /9 months ago
Unicorn AM appoints head of sustainability in raft of promotions investmentweek.co.uk /9 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
