Hertz appoints Justin Keppy as COO effective Nov 15; compensation includes $10M RSU grant

HERTZ GLOBAL HOLDINGS, INC

Justin Keppy named EVP and COO, effective November 15, 2023; will oversee global day-to-day operations.
Base salary $1.25M, short-term incentive target 100% of base, long-term equity target $2.5M.
$750k cash make-whole award (pro-rata clawback within 24 months); $10M RSU (3-year vest) and $5M RSU (4-year cliff).
Relocation assistance of $100k net cash plus moving expenses; legal fee reimbursement up to $10k; eligible for severance plan.
Previously President at Carrier's North America HVAC division; also held senior roles at UTC Aerospace and U.S. Army.

item 5.02 item 7.01 item 9.01

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Appointed

Justin Keppy

Executive Vice President, Chief Operating Officer

HTZ · HERTZ GLOBAL HOLDINGS, INC

Effective: 2023-11-15
Filed: October 24, 2023, 7:59 PM ET

On October 24, 2023, Hertz Global Holdings, Inc. (the “ Company ”) announced the appointment of Justin Keppy, 51, as Executive Vice President, Chief Operating Officer, with an anticipated start date of November 15, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Justin Keppy was appointed as Executive Vice President, Chief Operating Officer at HERTZ GLOBAL HOLDINGS, INC.

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

Exact text from the filing

On October 24, 2023, Hertz Global Holdings, Inc. (the “ Company ”) announced the appointment of Justin Keppy, 51, as Executive Vice President, Chief Operating Officer, with an anticipated start date of November 15, 2023.

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HERTZ GLOBAL HOLDINGS, INC filing history →

Source: SEC EDGAR

accession 0001657853-23-000147

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