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.
Hertz Shares Jump on Private Debt Offering
The stock rises more than 8%, recouping some of the losses it suffered after Hertz reported disappointing first-quarter results.
How Inaccurate Sales Tax Calculations Spur Class Actions
Thanks to a combination of increased consumer awareness and a constantly changing set of tax codes, the risk of getting sales tax wrong has risen.
Hertz Board Finds $87M in Accounting Errors
An audit committee review shows the rental car company overstated GAAP net income for three years.
Did Hertz CFO Leave Because of Accounting Flubs?
The car rental firm says it will restate three years of financials, months after its finance chief said she left for personal reasons.
CFOs on the Move: Week Ending Dec. 6
Office Depot, Hertz, Coty, Arctic Cat, Covanta Holding, Fusion-io, Mettler-Toledo, Chobani, Berry Plastics, Hill-Rom Holdings
Pushing People Buttons ’til It Hertz
The rental-car firm's CEO offers eye-raising views on CFOs and front-line workers.