secwatch.observer — SEC 8-K summary
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Issuer:     HERTZ GLOBAL HOLDINGS, INC (HTZ)
CIK:        0001657853
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001104659-24-067507
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hertz appoints Scott Haralson as CFO; COO Justin Keppy resigns
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657853/000110465924067507/0001104659-24-067507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47129/000110465924067507/tm2416258d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-067507

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer