UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported) April 1, 2016 (March 30, 2016)
HERTZ GLOBAL HOLDINGS, INC.
THE HERTZ CORPORATION
(Exact name of registrant as specified in its charter)
Delaware |
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001-33139 |
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20-3530539 |
(State of Incorporation) |
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(Commission File Number) |
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(I.R.S Employer Identification No.) |
999 Vanderbilt Beach Road, 3rd Floor
Naples, Florida 34108
999 Vanderbilt Beach Road, 3rd Floor
Naples, Florida 34108
(Address of principal executive offices,
including zip code)
(239) 552-5800
(239) 552-5800
(Registrants telephone number,
including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 30, 2016, Thomas J. Sabatino, Jr. announced that he is resigning as Senior Executive Vice President, Chief Administrative Officer and General Counsel of Hertz Global Holdings, Inc. and The Hertz Corporation in order to assume a position at another publicly-traded company. A copy of the press release with respect to Mr. Sabatinos resignation is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following Exhibit is filed herewith as part of this report:
Exhibit |
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Description |
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99.1 |
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Press Release dated April 1, 2016 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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HERTZ GLOBAL HOLDINGS, INC. | |
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(Registrant) | |
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By: |
/s/ Rick Frecker |
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Name: |
Rick Frecker |
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Title: |
Vice President and Deputy General Counsel |
Date: April 1, 2016
Exhibit 99.1
Richard Frecker Named Acting General Legal Counsel
for Hertz Global Holdings
ESTERO, FL, April 1, 2016 Rick Frecker has been named acting general legal counsel for Hertz Global Holdings, Inc., (NYSE: HTZ), following the resignation of Thomas Sabatino, who is joining Aetna as executive vice president and general counsel, law and regulatory.
Rick has been an integral part of the legal team at Hertz for some time and has taken on increased responsibility during the past year in his role of deputy general counsel. He has been intimately involved in all corporate activities, including internal lead counsel for the planned separation of our equipment rental business. As a result, Rick is well-prepared to serve as acting general counsel while we consider candidates from both within and outside the company, said John Tague, Hertz president and chief executive officer.
I want to thank Tom for his service and counsel to Hertz over the past year, particularly his guidance during our financial restatement. With his extensive corporate experience and exceptional reputation, we were fortunate to have Tom as part of the executive team during what was a transitional period for the company.
Frecker, who has been with Hertz since 2008, has served as vice president and deputy general counsel for the company since 2013. In that capacity, he has had responsibility for all corporate securities matters and served as head legal counsel on Treasury and Corporate Development activities together with responsibility for corporate compliance. In addition, Frecker has had responsibility for legal activities related to the companys franchise agreements.
Frecker received his legal degree from the Fordham University School of Law and a bachelors degree in business administration from Western Michigan University.
About Hertz Global |
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Hertz Global Holdings operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately 9,980 corporate and licensee locations throughout approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz Global Holdings is the largest worldwide airport general use car rental company with approximately 1,635 airport locations in the U.S. and more than 1,320 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz Global Holdings apart from the competition. Additionally, Hertz Global Holdings owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business in international markets and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation (HERC), one of the largest equipment rental businesses with more than 280 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz Global Holdings, visit: www.hertz.com. |
CONTACTS:
Investor Relations: |
Media: |
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Leslie Hunziker |
Hertz Media Relations |
(239) 301-6300 |
(844) 845-2180 (toll free) |
investorrelations@hertz.com |
mediarelations@hertz.com |