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Hertz Global COO And President Paul Stone To Step Down

RTTNews | 482 days ago

Hertz Global COO And President Paul Stone To Step Down

(RTTNews) - Hertz Global Holdings, Inc. (HTZ) announced Wednesday that Chief Operations Officer and President Paul Stone will step down from his roles, effective September 30, 2023, to pursue opportunities in the retail sector, where he began his career.

Paul will remain employed with the company in a transitional capacity through October 31, 2023.

The company will conclude a search for a Chief Operating Officer in short order. In the interim, key operations leadership will report directly to Chair and Chief Executive Officer Stephen Scherr.

Stone has served as President and COO since October 2021. He previously served as President and CEO of Hertz from May 2020 to October 2021, and Executive Vice President and Chief Retail Operations Officer North America from March 2018 to May 2020.

From November 2015 to December 2017, Stone served as the Chief Retail Officer at Cabela's Inc., an outdoor outfitter retail company. Prior to joining Cabela's, Stone spent 28 years growing his career with Sam's Club, a retail warehouse subsidiary of Walmart Inc. His most-recent position with Sam's Club was as Senior Vice President - West Division from 2007 to 2015.

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Hertz Partner BP To Develop National Network Of EV Charging Stations

Hertz Partner BP To Develop National Network Of EV Charging Stations

Vehicle rental company Hertz Global Holdings, Inc. (HTZ) and British energy major BP plc (BP, BP.L) announced Tuesday the signing of a memorandum of understanding (MOU) for the development of a national network of EV charging stations powered by bp pulse, bp's global electrification and charging solution brand.

RTTNews | 833 days ago

Sensex, Nifty Rebound In Cautious Trade

Sensex, Nifty Rebound In Cautious Trade

Indian shares eked out modest gains on Tuesday after suffering heaving losses in the previous session on worries about the HMPV Virus outbreak in the country.

RTTNews | 6h 11min ago

UK Construction Activity Growth At 6-Month Low

UK Construction Activity Growth At 6-Month Low

The UK construction sector growth softened to a six-month low in December as elevated borrowing cost and fragile consumer sentiment weighed on new orders, survey data from S&P Global showed on Tuesday. The construction Purchasing Managers' Index registered 53.3 in December, up from 55.2 in November.

RTTNews | 6h 25min ago

FTSE 100 Drifts Lower In Lackluster Trade

FTSE 100 Drifts Lower In Lackluster Trade

U.K. stocks are moving in a narrow range below the flat line Tuesday morning with investors digesting a mixed batch of economic data, and reacting to some corporate news.

RTTNews | 6h 35min ago

German Construction Activity Remains Firmly In Recession Zone

German Construction Activity Remains Firmly In Recession Zone

Germany's construction sector remained deep in the recession zone in December as political uncertainties damped orders, survey data from S&P Global showed on Tuesday. The HCOB construction Purchasing Managers' Index dropped to 37.8 in December from 38.0 in November. The score was the lowest since last April and signaled a notable contraction in the sector.

RTTNews | 6h 57min ago

CAC Modestly Higher After Inflation Data

CAC Modestly Higher After Inflation Data

French stocks are up in positive territory Tuesday morning, extending gains from previous session, with investors digesting the data on the nation's consumer price inflation, and looking ahead to the euro zone consumer price data.

RTTNews | 6h 57min ago

DAX Up Marginally In Cautious Trade Ahead Of Euro Area Inflation Data

DAX Up Marginally In Cautious Trade Ahead Of Euro Area Inflation Data

German stocks are a bit subdued Tuesday morning with investors making cautious moves amid a lack of significant triggers. Data on euro area inflation for the month of December, due later this morning, is expected to provide some direction.

RTTNews | 7h 17min ago

European Shares Slip Into Red Ahead Of Key Inflation Reading

European Shares Slip Into Red Ahead Of Key Inflation Reading

European stocks declined on Tuesday after surging sharply in the previous session following reports that the incoming Trump administration may explore softer-than-expected tariffs.

RTTNews | 7h 30min ago

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