home · filing · 0001104659-21-122831
8-K filed October 5, 2021, 7:59 PM ET
ticker HTZ
CIK 0001657853
leadership
confidence high
sentiment neutral
materiality 0.60
Hertz names Mark Fields interim CEO effective Oct 5; Paul Stone becomes COO/President
HERTZ GLOBAL HOLDINGS, INC
Mark Fields appointed interim CEO, base salary $62,500/week, plus 500,000 RSU grant that vests over 6 months.
Paul Stone resigns as CEO and from board, becomes COO and President; retains $1M base salary and 140% target bonus.
Stone eligible for $2M transition bonus plus 24 months employer-paid health premiums if employed through March 1, 2022.
Fields will remain on board; Stone's departure from audit committee effective Oct 5.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2021-10-05
Successor Mark Fields
Filed October 5, 2021, 7:59 PM ET
Paul E. Stone resigned as Chief Executive Officer of the Company, and also resigned from the Board, in each case effective October 5, 2021.
Effective 2021-10-05
Filed October 5, 2021, 7:59 PM ET
The Board separately appointed Mr. Stone as the Company's Chief Operating Officer effective October 5, 2021, and he will also continue in his role as President of the Company.
Effective 2021-10-05
Filed October 5, 2021, 7:59 PM ET
Paul E. Stone resigned as Chief Executive Officer of the Company, and also resigned from the Board, in each case effective October 5, 2021.
Effective 2021-10-05
Filed October 5, 2021, 7:59 PM ET
appointed Mark Fields as the Company's interim Chief Executive Officer ("Interim CEO") effective as of October 5, 2021
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Paul E. Stone resigned as Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.
Action resigned
Role Chief Executive Officer
Exact text from the filing
Paul E. Stone resigned as Chief Executive Officer of the Company, and also resigned from the Board, in each case effective October 5, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Paul E. Stone was appointed as Chief Operating Officer at HERTZ GLOBAL HOLDINGS, INC.
Action appointed
Role Chief Operating Officer
Exact text from the filing
The Board separately appointed Mr. Stone as the Company's Chief Operating Officer effective October 5, 2021, and he will also continue in his role as President of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Paul E. Stone resigned as Director at HERTZ GLOBAL HOLDINGS, INC.
Action resigned
Role Director
Exact text from the filing
Paul E. Stone resigned as Chief Executive Officer of the Company, and also resigned from the Board, in each case effective October 5, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Mark Fields was appointed as interim Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.
Action appointed
Role interim Chief Executive Officer
Exact text from the filing
appointed Mark Fields as the Company's interim Chief Executive Officer ("Interim CEO") effective as of October 5, 2021
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-21-122831
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