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
fitch and hertz corp. - All News and Analysis
Fitch Revises Hertz Corp.'s Outlook To Positive; Affirms IDR at 'BB'
CHICAGO -- Fitch Ratings has affirmed the following ratings:
Fitch Affirms Hertz Vehicle Financing LLC Series 2004-1, 2005-1, & 2005-2
NEW YORK -- Fitch affirms Hertz Vehicle Financing LLC HVF rental car asset-backed notes as follows:
Fitch Affirms Hertz' Ratings; Outlook Remains Stable
NEW YORK -- Fitch Ratings affirms the following ratings on the debt securities issued by Hertz:
Fitch Announces Expected Ratings on Hertz' New Debt Issuances
NEW YORK -- Fitch Ratings announces the following expected ratings on the debt securities to be issued by The Hertz Corporation Hertz in connection with its acquisition by Clayton, Dubilier & Rice, The Carlyle Group, and Merrill Lynch Global Private Equity CCM from The Ford Motor Company.
Fitch Revises Hertz's Rating Watch to Negative from Evolving
NEW YORK -- Fitch Ratings has revised The Hertz Corporation Hertz and its subsidiaries Rating Watch status to Negative from Evolving. This action was in response to the announcement by Ford Motor Company Ford this morning of its intention to sell Hertz to a consortium of private equity investors composed...
Fitch Affirms Ford's 'BBB+' Rating, Outlook Remains Stable
CHICAGO -- Fitch Ratings has affirmed the senior debt ratings of Ford Motor Company Ford, Ford Motor Credit Company FMCC, Hertz Corporation Hertz, and their respective subsidiaries at 'BBB+' and commercial paper at 'F2'. The Rating Outlook remains Stable, reflecting the ongoing progress of Ford's revitalization program and the continuing...
Fitch Affirms Ford, Ford Credit, Hertz & Related Entities Ratings
Business Editors NEW YORK/CHICAGO--BUSINESS WIRE--Oct. 31, 2002 Fitch Ratings affirms the senior debt ratings of Ford Motor Company Ford, Ford Motor Credit Company Ford Credit, Hertz Corporation Hertz and their respective subsidiaries at 'BBB+' and commercial paper at 'F2'. A complete list of ratings is detailed at the...
Fitch Lowers Ford, Ford Credit, Hertz & Related Entities
Business Editors NEW YORK--BUSINESS WIRE--Sept. 26, 2001 Fitch has downgraded the senior debt ratings of Ford Motor Company Ford, Ford Motor Credit Company Ford Credit, Hertz Corporation and their respective subsidiaries to `A-' from `A+' and commercial paper to `F2' from `F1'. A complete list of affected ratings...
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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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