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May 05, 2015 3:51 AM ET

Road and Rail

Company Overview of The Hertz Corporation

Company Overview

The Hertz Corporation rents and leases cars and trucks in the United States and internationally. It operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. The company rents various makes and models of cars, crossovers, and light trucks on hourly, daily, weekend, weekly, monthly, or multi month basis primarily to individual travelers, large businesses, governments, and other organizations through a network of company-operated rental airport and off-airport locations, as well as franchise locations. It also sells used cars through a network of approximately 65 company-operated car sales locations; and provides fleet leasing a...

225 Brae Boulevard

Park Ridge, NJ 07656

United States

Founded in 1918

30,400 Employees

Phone:

201-307-2000

Key Executives for The Hertz Corporation

Chief Executive Officer, President and Director
Age: 51
Chief Financial Officer and Senior Executive Vice President
Age: 48
Chief Executive Officer of Donlen Corporation
Chief Executive Officer of Hertz Equipment Rental Corporation and President of Hertz Equipment Rental Corporation
Group President of Rent A Car Americas
Age: 58
Compensation as of Fiscal Year 2014.

The Hertz Corporation Key Developments

The Hertz Corporation Appoints Dave Myrick as Senior Vice President of Sales for North America

The Hertz Corporation announced that Dave Myrick has been appointed Senior Vice President of Sales for North America. Mr. Myrick reports to Robert J. Stuart, Executive Vice President, Global Sales. Mr. Myrick is responsible for sales execution by the North America sales teams for the company's car rental brands which include Hertz, Dollar, Thrifty and Firefly. Most recently, Mr. Myrick served in executive-level sales positions for private jet aviation companies, including Executive Vice President of Sales for Jet Edge, International, after holding the position Vice President of Sales at Jetsuite.

The Hertz Corporation announced delayed annual 10-K filing

On 03/03/2015, The Hertz Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Fired Muslims Sue Hertz Corp

Six former employees of the Hertz Corp. at the Minneapolis-St. Paul International Airport have sued the rental car company, saying that managers routinely demeaned their religion and fired them after imposing arbitrary prayer rules for Muslims. In addition, the suit alleges, managers walked in on their prayer services to take attendance and repeatedly held them to a higher standard of conduct and more stringent discipline than their non practicing Muslim co-workers of East African heritage. Five of the plaintiffs are Somali-American, and one is of Ethiopian heritage.

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