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Tuesday, 05 October 2021 18:23

Hertz Names Mark Fields as Interim CEO

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Hertz announced Oct. 5 it has named Mark Fields as interim CEO and Paul Stone as president and chief operations officer, as the company accelerates its commitment to lead the future of mobility and travel.

The moves, effective immediately, are part of a vision for an all-new Hertz that combines the iconic company's brand strength and global fleet management expertise with new technology and innovations charting a dynamic, new course for travel, mobility and the auto industry.

 

"It's an incredibly exciting time for Hertz, and we couldn't be more thrilled to have Mark's leadership, first as a board director and now as interim CEO," said Greg O'Hara, founder and senior managing director at Certares and Hertz's chairman of the board. "Mark's extensive background in auto and technology will be critical as we remake Hertz for the future. We are building from a renewed position of strength to reimagine the future, and Mark's continued leadership on the board and stepping in for the moment as interim CEO are important next steps to take us there."  

 

Fields joined Hertz's Board of Directors in June. He also is a senior advisor at TPG Capital and former president and CEO of Ford Motor Company, where he served for 28 years. In addition, he is lead independent director of Tanium and serves on Qualcomm's Board of Directors.

 

"Hertz is a global icon, and I'm honored to help lead the company into its next 100 years," said Fields, who will work closely with the board to...


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