(Reuters) - Mark Frissora has resigned as chief executive of Hertz Global Holdings Inc , citing personal reasons, as pressure from investors mounts following a series of accounting errors.
Shares of Hertz ( HTZ +1.1% ) settle back after an initial rush following news that CEO Mark Frissora would step down. Frissora's departure follows a few weeks after the disclosure of 8.48% stake in Hertz by Carl Icahn. The
Hertz (NYSE: HTZ ) announces CEO and Chairman Mark Frissora will resign due to personal reasons. The company says Brian MacDonald will step in to serve as interim CEO. MacDonald is the top exec of the Hertz Equipment Rental business. HTZ +5.2% premarket Post your comment!
Sept 8 (Reuters) - Hertz Global Holdings Inc said Chief Executive Mark Frissora has stepped down for personal reasons.
BOSTON, Aug 21 (Reuters) - Hertz Global Holdings Inc. investor Fir Tree Partners on Thursday stepped up its calls for the car rental company to replace its chief executive, saying that the current CEO Mark Frissora "has completely lost credibility."
industry faces significant headwinds. Tenneco recently named Gregg Sherrill to the chairman and CEO roles; he succeeds Mark Frissora , who left in July to lead Hertz HTZ. Sherrill, a 30-year auto industry veteran, had a successful career with
North America, management will continue restructuring operations there, and we expect conditions in the fourth quarter to remain challenging. The board has not yet found a successor to CEO Mark Frissora , who left in July to head Hertz.
Tenneco TEN CEO Mark Frissora announced Wednesday that he is leaving the firm to become the chief executive officer of Hertz Corporation. Frissora was the main