Hertz Names Former Ford CEO as Interim Chief – The Wall Street Journal

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Hertz Global Holdings Inc. tapped former Ford Motor Co. CEO Mark Fields as its interim chief executive and moved Chief Executive Paul Stone to the role of president and chief operating officer.

The leadership change comes as the Estero, Fla.-based company resets after emerging from bankruptcy under new ownership and demand for rental cars has snapped back after bookings were crushed in the early days of the pandemic.