home · filing · 0001104659-22-011716
8-K filed February 4, 2022, 6:59 PM ET
ticker HTZ
CIK 0001657853
leadership
confidence high
sentiment positive
materiality 0.80
Hertz appoints Stephen M. Scherr (ex-Goldman Sachs CFO) as CEO, effective Feb 28, 2022
HERTZ GLOBAL HOLDINGS, INC
Stephen M. Scherr named CEO effective Feb 28, 2022; previously Goldman Sachs CFO (2018-2021).
Base salary $1.5M, target bonus 160%; equity: 2.8M time-based RSUs, 6.5M+3.1M performance RSUs tied to stock price.
Mark Fields steps down as interim CEO but remains on Board; will advise for up to two weeks post-start.
Strategic priorities: shared mobility, electrification, digital-first customer experience.
Scherr also appointed to the Board effective upon starting.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2022-02-28
Successor Stephen M. Scherr
Filed February 4, 2022, 6:59 PM ET
Mark Fields will step down from his role as Interim Chief Executive Officer, effective as of Mr. Scherr's start date.
Effective 2022-02-28
Filed February 4, 2022, 6:59 PM ET
Mr. Scherr will also be appointed to the Board effective upon his commencing employment with the Company.
Effective 2022-02-28
Filed February 4, 2022, 6:59 PM ET
appointed Stephen M. Scherr as Chief Executive Officer of the Company, effective as of February 28, 2022.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Fields changed role as Interim Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.
Action stepped down
Role Interim Chief Executive Officer
Exact text from the filing
Mark Fields will step down from his role as Interim Chief Executive Officer, effective as of Mr. Scherr's start date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen M. Scherr was appointed as Director at HERTZ GLOBAL HOLDINGS, INC.
Action appointed
Role Director
Exact text from the filing
Mr. Scherr will also be appointed to the Board effective upon his commencing employment with the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephen M. Scherr was appointed as Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.
Action appointed
Role Chief Executive Officer
Exact text from the filing
appointed Stephen M. Scherr as Chief Executive Officer of the Company, effective as of February 28, 2022.
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-22-011716
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