BNET Industries
Last Fiscal Year Sales:$129.4M
- Private
- US
Dow Jones Description
The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc. (NYSE: HTZ), is the world's largest general use car rental brand, operating from approximately 8,100 locations in 147 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 69 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Australia and New Zealand. In addition, the Company has licensee locations in cities and airports in Africa, Asia, and the Middle East. Product and service initiatives such as Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, SIRIUS Satellite Radio, and unique cars and SUVs offered through the company's Prestige, Fun and Green Collections, set Hertz apart from the competition. Hertz also operates one of the world's largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment, including tools and supplies, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers through more than 360 branches in the United States, Canada, France and Spain.
Chairman & Chief Executive Officer
Mark P. FrissoraNumber of Employees 32,100
Contact Information
225 Brae Boulevard
Park Ridge, New Jersey 07656-1870
(201) 307-2000
Peer Companies
NAICS Code Passenger Car Leasing: 532112
Recent Events
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Driving for Business, Rental Fleets Go Green
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ISU unveils new car-sharing program to promote car-pooling
News & Analysis
Filter by
finance and hertz corp. - All News and Analysis
Travel Roundup: $1,000 Domestic Flights, Hertz Raises Prices, Hotels Raise Rates and More
A domestic flight for $1,000? -- Sabre Airline Solutions studied thousands of airline tickets during the Thanksgiving holiday and found that 3.8 percent of round-trip tickets cost $1,000 or more. Another 5.2 percent were at least $900. [Source: Today in the Sky Blog] Hertz raises prices in North America...
The Hertz Corporation to Present at the Merrill Lynch Leveraged Finance Conference
Event: The Hertz Corporation's Chairman and CEO Mark P. Frissora to speak at the Merrill Lynch Leveraged Finance ...
Tuesdays Stock to Watch: RCAU! April 3, 2007.
M2 PRESSWIRE-3 April 2007-Stock Market Alerts LLC: Tuesdays Stock to Watch: RCAU! April 3, 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:03042007 Miami, FLA. - Stock Market Alert's performance stock list includes: Rocket City Automotive Group, Inc (OTC: RCAU), Danka Business Systems PLC (NASDAQ:...
Hertz Global Holdings, Inc. Announces Initial Public Offering.
PARK RIDGE, New Jersey, November 16 /PRNewswire/ -- Hertz Global Holdings, Inc., the indirect parent corporation of The Hertz Corporation, today announced the initial public offering of 88,235,000 shares of its common stock, at a price per share of US$15.00. The shares will be...
Nightly Business Report
PAUL KANGAS, NIGHTLY BUSINESS REPORT ANCHOR: Lower inflation, lower crude prices and a high-powered IPO fuel stocks on Wall Street. The Dow closes up 54 points at a new record high. The NASDAQ gains six. SUSIE GHARIB, NIGHTLY BUSINESS REPORT ANCHOR: Hewlett-Packard...
Ford completes sale of Hertz.(INDUSTRY UPDATE)
Ford Motor Co. announces it has completed the sale of the Hertz Corp., which includes Hertz Equipment Rental, to an investment group of private equity firms. Composed of Clayton Dubilier & Rice, The Carlyle Group and Merrill Lynch Global Private Equity, the investor group purchased the...
Clayton, Dubilier & Rice, The Carlyle Group and Merrill Lynch Global Private Equity Complete US$15 Billion Hertz Acquisition.
NEW YORK, December 21 /PRNewswire/ -- Clayton, Dubilier & Rice, Inc. (CD&R), The Carlyle Group Carlyle and Merrill Lynch Global Private Equity MLGPE, announced today that they have completed the acquisition of The Hertz Corporation Hertz in a transaction valued at US$15...
Ford to sell Hertz rental business
DETROIT -- Ford Motor Co., aiming to focus more on building cars and trucks, said Monday it will sell its Hertz Corp. rental car business for $5.6 billion in cash. Dearborn-based Ford, the nation's second-biggest automaker, said it will sell all shares of common stock in Hertz, its...
Ford clinches 15 billion dollar deal for rental unit Hertz
NEW YORK AFP — Ford Motor Co. clinched a deal to sell its car rental unit Hertz to a private investor group in a deal valued at 15 billion dollars, including debt, the auto giant and the buyers said. The buyer group is headed by Clayton, Dubilier and Rice...
Clayton, Dubilier & Rice, The Carlyle Group and Merrill Lynch Global Private Equity to Acquire Hertz from Ford Motor Company for US$15 Billion.
NEW YORK, September 12 /PRNewswire/ -- - New Owners See Significant Growth Opportunities Clayton, Dubilier & Rice, Inc. (CD&R), The Carlyle Group Carlyle and Merrill Lynch Global Private Equity MLGPE, announced today that they have reached a definitive agreement with...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Elyse Douglas | Executive Vice President & Chief Financial Officer |
| Joseph F. Eckroth | Senior Vice President and Chief Information Officer |
| Mike Senackerib | Senior Vice President & Chief Marketing Officer |
| Gerald A. Plescia | President & Executive Vice President |
| Joseph R. Nothwang | Executive Vice President |
| Timothy R. Donovan | General Counsel & Executive Vice President, Strategy & Business Development |
| Harold E. Rolfe | General Counsel, Senior Vice President & Secretary |
| Kimberly McCoy | Manager, HR |
| Neal Yanos | Senior Vice President & General Manager |
| Gregory S. Ledford | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mark P. Frissora | Chairman & Chief Executive Officer |
| David H. Wasserman | Board of Directors |
| Nathan K. Sleeper | Board of Directors |
| William E. Conway | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Chairman & Chief Executive Officer | Current |
| Walgreen Co. | Board of Directors | Current |
| NCR Corporation | Board of Directors | Current |
| Tenneco Automotive, Inc. | CEO | Former |
| Tenneco Automotive, Inc. | Chairman | Former |
| FMC Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Executive Vice President & Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Senior Vice President and Chief Information Officer | Current |
| Mattel, Inc. | CIO | Former |
| Mattel, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Senior Vice President & Chief Marketing Officer | Current |
| Kraft Foods Inc. | Senior Vice President & General Manger, Nabisco Biscuit Division | Former |
| Columbia University | M.B.A. | Former |
| Lafayette College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Hertz Equipment Rental Corporation | President | Current |
| The Hertz Corporation | President & Executive Vice President | Current |
| Hertz Equipment Rental Corporation | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | General Counsel & Executive Vice President, Strategy & Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | General Counsel, Senior Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Manager, HR | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Senior Vice President & General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Carlyle Holding Corporation | Current | |
| McIntire School of Commerce at the University of Virginia | Advisory Board Member | Current |
| United Components Inc. | Board of Directors | Current |
| The Hertz Corporation | Director | Current |
| Axletech International | Board of Directors | Current |
| Reilly & Company | CEO | Former |
| MCI Telecommunications Corporation | Director of Capital Leasing | Former |
| Reilly & Company | Chairman | Former |
| Horizon Lines, Inc. | Investor | Former |
| Loyola College in Maryland | M.B.A. | Former |
| McIntire School of Commerce at the University of Virginia | Graduate | Former |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Hertz Corporation | Board of Directors | Current |
Executive News
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Hertz acquires Irving equipment rental business
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Hertz Acquires Canadian Industrial Rental Company -- Irving Industrial Rentals
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Hertz Acquires Canadian Industrial Rental Company -- Irving
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Hertz Acquires Canadian Industrial Rental Company -- Irving Industrial Rentals
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The Hertz Corporation: Hertz Acquires Canadian Industrial Rental Company -- Irving Industrial Rentals
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If Hertz's CEO Sees Green Shoots, We Should Pay Attention
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