Hertz Announces New Board Of Directors

Following Successful Restructuring, Hertz Stronger and Well-Positioned for Long-Term Success

ESTERO, Fla., June 30, 2021 // PRNewswire // - Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") announced the composition of its new Board of Directors whose term is effective with the Company's successful completion of its restructuring and emergence from Chapter 11 today. The new Board will initially include eight members with up to three additional directors to be named in the future. The eight members named include Certares founder Michael Gregory O'Hara as Chairperson; Knighthead Capital co-founder Thomas Wagner as Vice Chairperson; Certares Senior Managing Director Colin Farmer; Knighthead Partner Andrew Shannahan; Apollo Partner Christopher Lahoud; TPG Capital Senior Advisor and former CEO of Ford Motor Company Mark Fields; current Hertz Board member Vincent Intrieri; and Hertz President and CEO Paul Stone.

Paul Stone said, "We are excited to welcome our new Board members and benefit from their collective expertise, leadership and oversight at this pivotal time for Hertz and the travel industry. These executives bring extensive financial, operational and market experience that will be invaluable in the next chapter for Hertz. I also want to express our company's appreciation to our retiring Board members for their service and tireless efforts, particularly throughout the past year and a half of the pandemic and our successful restructuring."

Hertz New Board Member Bios

SOURCE The Hertz Corporation

About Hertz

Hertz Global Holdings is the largest worldwide airport general use car rental company.

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