Hertz Hires Ex-United COO, Spurning Investor Favorite
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Hertz Global Holdings Inc. named John Tague as its new chief executive officer, spurning the former CEO of Dollar Thrifty, who had been a favorite among some of the car-rental company’s largest investors.
Tague, who was formerly president and chief operating officer of United Airlines, will also become president, the Naples, Florida-based rental-car company said in a statement. His appointment is effective tomorrow. Tague was most recently CEO of transportation and logistics provider Cardinal Logistics Holdings.