Hertz seeks new CEO after bankruptcy



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Hertz Global Holdings Inc. is in talks to appoint a new chief executive, as the car rental company resets after coming out of bankruptcy under a new owner, people familiar with the matter have said.

CEO Paul Stone has held the most senior position at Hertz since May 2020, occupying the position days before the company files for bankruptcy. Hertz left Chapter 11 earlier this year and is now controlled by a group of investors led by Certares Management LLC and Knighthead Capital Management LLC.

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