CFOs On the Move: Week Ending October 2
Ford, ASAPP, McEwen Mining, Euler Hermes Group, Hertz, Acosta, Regional Management, BRC Imagination Arts
Hertz Loses Another CFO
The company has suspended a $1 billion share sale and sought DIP financing. It filed for bankruptcy in May.
CFOs On the Move: Week Ending August 28
AutoZone, Ocado, Avient, Casper Sleep, Peoples Bancorp, Navy Federal Credit Union, Bionano Genomics, Smith & Wesson, Tattooed Chef
CFOs On the Move: Week Ending August 21
The Vitamin Shoppe, Michaels, Hertz, Johnson Controls, Zebra Technologies, TriNet, Liquidia Technologies, iGPS Logistics
Former Hertz CEO Settles SEC Charges
Mark Frissora will repay Hertz nearly $2 million in incentive compensation and pay a $200,000 civil fine.
Hertz Seeks Permission to Sell New Shares Amid Bankruptcy
The unusual move comes as its bonds trade at steep discounts.
Hertz Reaches Forbearance Deal With Lenders
The rental car company has until May 22 to negotiate a financing strategy.
CFOs on the Move: Week Ending Aug. 24
United Airlines, Hertz, Uber, Lowe's, Coty, 99 Cents Only Stores, Superior Group, IAP Worldwide, Dorman Products, Parexel
Hertz Names New CFO
Jamere Jackson, formerly CFO of Nielsen Holdings, will take the finance reins on September 10.
Car-Rental Giants Join Exodus From NRA Deals
The anti-NRA backlash since the Florida school shooting has pushed more than a dozen large U.S. companies to cut ties with the gun rights group.
Hertz Returns to Profit But Shares Drop 2%
The company says its third-quarter results show it is on "the right strategic path" with a turnaround plan that has included cutting its rental fleet.