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Rental car operator Hertz (NASDAQ: HTZ ) suffered another ignominious incident, this time largely of its own doing. Former CEO Stephen Scherr decided to step down from the helm after the company's dis
Hertz (HTZ) appoints West as its CEO. West will commence work from Apr 1.
Scherr's resignation comes as the car rental company struggles with the higher repair costs and low demand for EV rentals.

Hertz CEO Departs Following EV Troubles

07:08pm, Sunday, 17'th Mar 2024
Hertz's CEO is stepping down following the company's major shift on the electric vehicle front. Stephen Scherr, who joined the rental car giant in 2022, has announced his resignation, Hertz said Frida
Car rental company Hertz Global (NASDAQ: HTZ) Chief Executive Stephen Scherr has been replaced as the firm seeks to boost its business after a disastrous bet on electric vehicles (EV) that involved br

Hertz appoints Gil West as CEO

05:32pm, Friday, 15'th Mar 2024
Rental car firm Hertz said on Friday it has appointed Gil West as its chief executive officer, effective April 1.
Hertz Global Holdings Inc.'s chief executive is leaving after just over two years, to be replaced by a Delta Airlines Inc. and General Motors Co. veteran.
Hertz Global Holdings is replacing its CEO in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months, according to people familiar with the matter. David
Chief Executive Stephen Scherr would step down on March 31 to be succeeded by Gil West, a former executive at Delta Airlines and General Motors' Cruise unit, effective April 1, the company said.

Hertz: Take The Wheel, Contrarians

12:54am, Friday, 01'st Mar 2024
Hertz has dropped substantially on issues related to its foray into EVs. The drop has put Hertz in a position to be considered for a portfolio of "falling knives" that could outpace the market going f
David Trainer Likes Energy, JPMorgan Over S&P; Uber, Tesla + Nvidia Too Expensive
Hertz Global Holdings Inc.'s stock tumbled 12% Tuesday to put it on track for a record-low close, pulled down by bad news from its smaller rival, Avis Budget Group Inc.
Hertz Energy, formerly Hertz Lithium Inc (CSE:HZ, OTCQB:HZLIF), announced that it has agreed to acquire the Cominco uranium project located in Bathurst Inlet, Nunavut, Canada. "Hertz was always found
It's been a volatile day for Hertz Global Holdings Inc (NASDAQ:HTZ).

Hertz Weighs Layoffs Amid Pivot Away from EVs

01:01pm, Tuesday, 06'th Feb 2024
Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that it lost an a
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