Hertz Global Holdings, Inc. (NASDAQ: HTZ) announced that Paul Stone, Chief Operations Officer and President, will step down from his role effective September 30, to pursue opportunities in the retail sector, where he began his career. Paul will remain employed with the company in a transitional capacity through October 31.
Paul Stone will step down from his position as President and COO at Hertz on September 30.
The company will conclude a search for a Chief Operating Officer in short order. In the interim, key operations leadership will report directly to Stephen M. Scherr, Chair and Chief Executive Officer.
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