Abrupt departure for Hertz chief Frissora

Hertz has announced the immediate departure of Mark Frissora from the position of chief executive. The car rental giant cited “personal reasons” for the departure, but the decision follows a period of shareholder activism over the perceived under achievement of the firm. Hertz’s board has appointed Brian MacDonald, currently president of Hertz Equipment Rental Corporation, to serve as interim chief executive while a search begins for a replacement.



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