{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-035260","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.003058+00:00","generated_at":"2026-06-04T15:17:10.688081+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CEO Stephen Scherr resigns effective March 31, 2024; Gil West appointed CEO April 1","bullets":["Stephen Scherr resigns as CEO and board member effective March 31, 2024; no severance benefits.","Gil West appointed CEO effective April 1, 2024; previously COO of Cruise LLC and Delta Air Lines.","West's employment: $1.5M base salary, target annual bonus ≥150% of base, $33M equity sign-on grants.","West eligible for annual equity awards ≥$8M starting FY2026; severance 2x base + target bonus.","Scherr's resignation not due to disagreement; will receive salary through March 31, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-035260","json":"https://secwatch.observer/filing/0001104659-24-035260.json","markdown":"https://secwatch.observer/filing/0001104659-24-035260.md","text":"https://secwatch.observer/filing/0001104659-24-035260.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000110465924035260/0001104659-24-035260-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000110465924035260/tm249059d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T15:17:10.688081+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"34e6533240","claim":"Gil West was appointed as Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.","evidence_excerpt":"On March 15, 2024, the Board of the Company appointed Wayne “Gil” West as Chief Executive Officer of the Company and Hertz, effective as of April 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000110465924035260/0001104659-24-035260-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"3c2ebd8a6f","claim":"Stephen M. Scherr resigned as Chief Executive Officer at HERTZ GLOBAL HOLDINGS, INC.","evidence_excerpt":"On March 12, 2024, Stephen M. Scherr, Chair of the Board of Directors (the “Board”) and Chief Executive Officer of Hertz Global Holdings, Inc. (the “Company”) and The Hertz Corporation (“Hertz”) notified the Company of his decision to resign as Chief Executive Officer and as a member of the Board of the Company and Hertz, effective as of March 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000110465924035260/0001104659-24-035260-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"7343809a70","claim":"Gil West was appointed as Member of the Board at HERTZ GLOBAL HOLDINGS, INC.","evidence_excerpt":"On March 15, 2024, the Board of the Company appointed Mr. West as a member of the Board of the Company and Hertz, effective as of April 1, 2024, to fill the vacancy created upon Mr. Scherr’s resignation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000110465924035260/0001104659-24-035260-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Member of the Board"}],"fact_type":"executive_change"},{"claim_id":"c823901b32","claim":"Stephen M. Scherr resigned as Member of the Board at HERTZ GLOBAL HOLDINGS, INC.","evidence_excerpt":"On March 12, 2024, Stephen M. Scherr, Chair of the Board of Directors (the “Board”) and Chief Executive Officer of Hertz Global Holdings, Inc. (the “Company”) and The Hertz Corporation (“Hertz”) notified the Company of his decision to resign as Chief Executive Officer and as a member of the Board of the Company and Hertz, effective as of March 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000110465924035260/0001104659-24-035260-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Member of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}