Hertz appoints Scott Haralson as CFO; COO Justin Keppy resigns

HERTZ GLOBAL HOLDINGS, INC

Scott Haralson named CFO, start by end of June 2024; succeeds Alexandra Brooks who departs.
Haralson receives $750k base salary, $500k cash sign-on, $7.5M in equity awards (RSUs and PSUs).
COO Justin Keppy resigns effective June 3, 2024; receives $2.25M cash, accelerated vesting of $4.25M RSUs, and forgiveness of $850k awards.
Brooks to remain through transition, eligible for severance per Company's Severance Plan.
Haralson previously CFO at Spirit Airlines; over 25 years transportation finance experience.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Scott M. Haralson

Executive Vice President, Chief Financial Officer

HTZ · HERTZ GLOBAL HOLDINGS, INC

Filed: June 3, 2024, 7:59 PM ET

On May 29, 2024, The Hertz Corporation (the “Company”) entered into an offer letter (the “Offer Letter”) with Scott M. Haralson pursuant to which Mr. Haralson has agreed to serve as Executive Vice President, Chief Financial Officer of the Company and Hertz Global Holdings, Inc.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Scott M. Haralson was appointed as Executive Vice President, Chief Financial Officer at HERTZ GLOBAL HOLDINGS, INC.

Action: appointed
Role: Executive Vice President, Chief Financial Officer

Exact text from the filing

On May 29, 2024, The Hertz Corporation (the “Company”) entered into an offer letter (the “Offer Letter”) with Scott M. Haralson pursuant to which Mr. Haralson has agreed to serve as Executive Vice President, Chief Financial Officer of the Company and Hertz Global Holdings, Inc.

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HERTZ GLOBAL HOLDINGS, INC filing history →

Source: SEC EDGAR

accession 0001104659-24-067507

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