Hertz Global Holdings, Inc. (NYSE:HTZ) today reported results for its second quarter 2020 with revenue of $832 million, a net loss of $847 million and adjusted Corporate earnings before interest, taxes, depreciation and amortization (EBITDA) of negative $587 million. Liquidity at the end of the second quarter was $1.4 billion. In May, Hertz filed for […]
Hertz Global Holdings Files for Chapter 11 Reorganization
Rental provider has $1 Billion in cash on hand to support continuing operations as coronavirus crisis impacts business. Hertz Global Holdings, Inc. (NYSE:HTZ) on May 22 announced it and certain of its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. […]
Paul Stone Named President and CEO at Hertz
Hertz Global Holdings, Inc., (NYSE:HTZ) today announced that its Board of Directors has named Paul Stone President and Chief Executive Officer, effective immediately. Stone, most recently Hertz’s Executive Vice President and Chief Retail Operations Officer, North America, also has been elected to the Hertz Board of Directors. Stone succeeds Kathryn V. Marinello, who plans to […]
Hertz Provides Free Rentals to New York City Healthcare Workers
Hertz (NYSE:HTZ) announced March 25 that it will start providing free vehicle rentals to New York City healthcare workers through April 30. Healthcare workers can reserve a vehicle at 19 New York City-area Hertz locations so they can continue providing critical care to the community during the coronavirus pandemic. “With New York City having the […]
NABC Partners with Collision Repair Education Foundation and Hertz on Student Distracted Driving Initiative
Students at Kingswood Park High School in Houston, Texas experienced a virtual education program that shared the dangers of distracted driving. Thanks to support from Hertz, the National Auto Body Council Distracted Driving Initiative was able to bring the “It Can Wait” program to hundreds of high school students participating in the Collision Repair Education […]
Kristle Bollans Named to NABC Board
The National Auto Body Council has named Kristle Bollans, Director of Replacement Accounts for the Hertz Corporation, to its board of directors filling an open position. Bollans has been with The Hertz Corporation for 16 years, holding positions in both the Airport and Off Airport Divisions. In her current role, Bollans oversees a large team […]
Hertz Donates $25,000 to Collision Repair Education Foundation
The Hertz Corporation has donated $25,000 to the Collision Repair Education Foundation to assist the charitable organization’s efforts to support high school and college collision school programs, instructors, and students across the country. “The body shop and insurance industries have been instrumental partners over the past 20 years, so we certainly understand the industry’s need […]
Denise Hepler, Former NABC Board Member, Passes Away
Denise Hepler, the former national account manager, replacement relationships for Hertz, and member of the National Auto Body Council (NABC) board of directors, passed away March 21. Hepler, 53, who resided in St. Peters, Mo., managed multiple shop operator accounts for Hertz for several years and represented the company at industry events. Hepler was elected […]
Hertz Donates $25,000 to Collision Repair Education Foundation
The Collision Repair Education Foundation announced that Hertz Global Holdings (NYSE:HTZ) has donated $25,000 to the non-profit to assist in its efforts to support high school and college collision repair school programs, instructors, and students across the country. Hertz’s donation to the Collision Repair Education Campaign fund will help the Foundation to provide school tool/equipment […]
Hertz Appoints Executive Vice President and Chief Marketing Officer
Matthew (Matt) Jauchius is joining Hertz Global Holdings, Inc. as executive vice president and chief marketing officer later this month. Jauchius will lead marketing strategy for the Hertz, Dollar, Thrifty and Firefly brands, including customer experience, e-commerce, loyalty program, customer relationship management, social media and ancillary revenue generation efforts worldwide. Jauchius has nearly 20 years […]