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
While the top- and bottom-line numbers for Hertz Global Holdings, Inc. (HTZ) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its
Hertz Global Holdings missed analyst estimates in the fourth quarter as it sold down its fleet of Tesla electric vehicles. Isabelle Lee has more.
Hertz Global (NYSE:HTZ) Holdings Inc stock slipped to a new low on Tuesday morning after the car rental firm posted worse-than-anticipated losses for the fourth quarter. Losses hit US$348 million ove
Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $1.36 per share versus the Zacks Consensus Estimate of a loss of $1.02. This compares to earnings of $0.50 per share a year ago.
Hertz Global Holdings Inc.'s stock HTZ, -5.63% tumbled 6% early Tuesday, after the car rental company posted a wider-than-expected fourth-quarter loss as it booked charges to cover the costs of a majo
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