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