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Hertz Strengthens Executive Team with Two Key Leadership Appointments

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Hertz Global Holdings (NASDAQ: HTZ) has announced two key executive appointments effective January 1. Chris Berg joins as Executive Vice President and Chief Administrative Officer, overseeing administrative operations including procurement, business services, and facilities management. Doria Holbrook joins as Executive Vice President Mobility, leading rideshare rental programs and partnerships.

Berg brings over 20 years of experience from Home Depot, where he most recently served as President, Western Division. Holbrook comes with nearly two decades of experience, previously serving at Flexport, Cruise, TikTok, and Amazon, where she helped establish Amazon's last mile delivery service.

Both executives will report to CEO Gil West, who emphasized their roles in strengthening operational excellence and driving innovation across the business.

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Positive

  • Strategic strengthening of executive leadership with experienced professionals from major companies
  • Addition of expertise in operational transformation and mobility innovation
  • Focus on expanding rideshare rental programs and developing new mobility solutions for growth

Negative

  • None.

News Market Reaction 1 Alert

-2.21% News Effect

On the day this news was published, HTZ declined 2.21%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ESTERO, Fla., Dec. 30, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global car rental companies – today announced two appointments to its leadership team, with Chris Berg joining the company as Executive Vice President and Chief Administrative Officer and Doria Holbrook as Executive Vice President Mobility, effective Jan. 1. Both Berg and Holbrook will report to CEO Gil West. 

In their new roles, Berg will oversee the company's administrative operations including procurement, business services, real estate and facilities management, further strengthening its organizational capabilities and infrastructure. Holbrook will lead the company's rideshare rental programs and partnerships, with a focus on innovation and developing new mobility solutions to generate further growth. 

"Both Chris and Doria bring a unique blend of skills and experience that will complement the capabilities of our strengthened leadership team. Chris will play a key role in ensuring our business is set up for success with strategic alignment across the organization. As we look to future growth opportunities, Doria's expertise in bringing innovative ideas to market will be invaluable," said Gil West, Hertz's CEO. "With our world-class leadership team, we are focused on operational excellence across every aspect of our business as we work to transform Hertz for our customers, employees and shareholders and realize the company's full potential." 

Berg joins Hertz from Home Depot, where he spent over 20 years running large-scale transformation projects and enhancing customer experience. He most recently served as the company's President, Western Division with responsibility for sales and operations across 500 stores and 100,000 employees. Berg began his career at Home Depot in store management and holds an MBA from Babson F.W. Olin Graduate School of Business and a BS in Business Administration from Babson College.  

"I'm excited to join Hertz at this transformative time as we work to build seamless, efficient operations that empower our teams and enhance our ability to serve our customers. By strengthening our core infrastructure and processes, together, we'll build world-class operational capabilities that support our continued growth," said Chris Berg. 

Holbrook brings nearly two decades of experience transforming operations and bringing innovation to market across complex business landscapes. She previously served as Vice President, Global Supply Chain Partnerships at Flexport, the global logistics technology platform, and Vice President, Delivery Business Unit at Cruise. She has also held operations leadership roles at TikTok and Amazon, where she was instrumental in establishing Amazon's last mile delivery service. Holbrook started her career at McKinsey & Company. She holds an MBA from Harvard Business School and a B.S. in Mechanical Engineering from Massachusetts Institute of Technology. 

"When people are as passionate about a brand as they are about Hertz, it creates exciting possibilities for innovation. I am looking forward to working with our talented teams to build on Hertz's exceptional foundation as a leader in mobility and help deliver an exceptional experience for our customers as we develop new ways to serve them," said Doria Holbrook. 

ABOUT HERTZ 

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar, and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales. For more information about The Hertz Corporation, visit www.hertz.com

 

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hertz-strengthens-executive-team-with-two-key-leadership-appointments-302339429.html

SOURCE Hertz Global Holdings, Inc.

FAQ

Who are the new executive appointments at Hertz (HTZ) announced for January 2024?

Hertz appointed Chris Berg as Executive Vice President and Chief Administrative Officer, and Doria Holbrook as Executive Vice President Mobility, both effective January 1, 2024.

What is Chris Berg's role and background at Hertz (HTZ)?

Chris Berg joins Hertz as EVP and Chief Administrative Officer, overseeing administrative operations. He previously spent over 20 years at Home Depot, most recently as President, Western Division managing 500 stores and 100,000 employees.

What is Doria Holbrook's role and experience before joining Hertz (HTZ)?

Doria Holbrook joins as EVP Mobility, leading rideshare rental programs. She previously worked at Flexport, Cruise, TikTok, and Amazon, with experience in operations and innovation across complex business landscapes.

How will these new appointments impact Hertz's (HTZ) business strategy?

The appointments aim to strengthen operational excellence, enhance customer experience, develop new mobility solutions, and transform Hertz's infrastructure and processes for future growth.
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