Herc Holdings names Aaron Birnbaum President; adds two independent directors

HERC HOLDINGS INC

Aaron Birnbaum, current COO, elected President effective Jan 1, 2026; CEO Larry Silber remains CEO.
Birnbaum gets base salary of $775,000, target bonus of 100% of base, and $2,000,000 equity award.
Patrick Shannon (former Allegion CFO) and John Olin (Wabtec CFO) elected independent directors joining Audit Committee.
Both new directors deemed independent under NYSE standards; compensation prorated from Jan 1, 2026.

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