Paul Stone, chief operations officer and president of Hertz, will step down from his role on Sept. 30 to pursue opportunities in the retail sector, where he began his career. Stone will remain employed with the company in a transitional capacity through Oct. 31. read more
SEP 18, 2023 - 6:46 am
Hertz entered into a stock and asset purchase agreement to sell substantially all of the assets of its wholly-owned subsidiary, Donlen Corporation, a fleet management and financing provider, to Athene Holding for an anticipated cash payment of $825 million before adjustments. read more
NOV 30, 2020 - 7:31 am
According to a report from Research and Markets, the global equipment rental market will grow at a CAGR of 3.26% from 2017 to 2021. read more
JAN 15, 2018 - 12:40 pm
Deloitte Corporate Finance acted as the exclusive financial advisor to Florida-based Hertz in the divestiture of the company’s Brazil operations to Localiza Rent a Car, the largest car rental network in South America. read more
NOV 28, 2017 - 6:28 am
The size of the construction equipment rental market is expected to reach $75.18 billion by 2024, according to a new research report by Global Market Insights. read more
SEP 27, 2016 - 6:52 am