ToplineBefore his arrest and high-profile murder trial, O.J. Simpson—who died Wednesday—was the celebrity spokesperson for Hertz rental cars and other huge brands, boosting his income during his NFL career and for over a decade after retiring.By the time he divorced Nicole Brown Simpson in 1992, Hertz was paying Simpson over $500,000 per ... [+] year to serve as the company’s celebrity spokesperson.Soqui Ted Key FactsSimpson signed his first endorsement deal with General Motors in 1970, before the Heisman w ...

ESTERO, Fla., April 8, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ)  (the "Company") announced today that it plans to report its first quarter 2024 financial results at approximately 7:30 a.m. ET on Thursday, April 25, 2024 followed by an earnings call at 8:30 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q1 2024 earnings teleco regis ...

While Wall Street churns amid a late-day pivot into the red, two reasonably priced big-name stocks, Zeta Global Holdings Corp (NYSE:ZETA) and Hertz Global Holdings Inc (NASDAQ:HTZ) are making outsized moves today following analyst notes. Software stock ZETA is up 16.2% to trade at $12.24, on track for its largest single-session percentage gain since February 2023 and earlier hitting a two-year high of $12.44. This pop comes after an upgrade from Morgan Stanley to "overweight" from "equal weight," with a pri ...

Rental car operator Hertz (NASDAQ:HTZ) suffered another ignominious incident, this time largely of its own doing. Former CEO Stephen Scherr decided to step down from the helm after the company’s disastrous bet on Tesla (NASDAQ:TSLA) and other electric vehicle (EV) companies. Unfortunately, the EV sector fallout has been toxic, relentlessly taking down HTZ stock and other electric-mobility-related investments.According to a Fortune report, Hertz will replace Scherr with automotive industry veteran Gil West. ...

Hertz Global Holdings (HTZ) has announced the appointment of Gil West, former chief operating officer (COO) of Delta Air Lines (DAL) and General Motor’s (GM) Cruise unit, as its new chief executive officer (CEO) effective Apr 1. West will succeed Stephen Scherr, who will step down on Mar 31.West joined DAL in 2008 and was associated with the airline for 12 years. He was elevated to the COO’s post in 2014. At DAL, he was responsible for the company’s worldwide operations. He was associated with General Motor ...

Hertz, one of the four largest car rental companies in the world, is replacing its CEO after the company reversed its bet on electric vehicle rentals over increasing costs.Stephen Scherr will step down as Hertz Global Holdings Inc.’s chief executive officer and member of the company’s Board of Directors effective March 31, the company announced Friday. Scherr led Hertz for just over two years after spending nearly three decades at Goldman Sachs.Scherr’s resignation comes as the car rental company struggles ...

Hertz’s CEO is stepping down following the company’s major shift on the electric vehicle front.Stephen Scherr, who joined the rental car giant in 2022, has announced his resignation, Hertz said Friday (March 15). Taking his place is Gil West, former chief operating officer of Delta Airlines and General Motors’ Cruise unit.“Gil’s success in leading over 70,000 people at Delta and orchestrating highly effective operational turnarounds will position him well to lead Hertz,” Colin Farmer, lead director of the H ...

Car rental company Hertz Global (NASDAQ: HTZ) Chief Executive Stephen Scherr has been replaced as the firm seeks to boost its business after a disastrous bet on electric vehicles (EV) that involved brands such as Tesla (NASDAQ: TSLA).In a statement on March 15, Hertz stated that Scherr had decided to step down alongside quitting his position on the board and will be replaced by Gil West, a former executive at Delta Air Lines (NYSE: DAL).“We are thrilled to have Gil join Hertz as Chief Executive Officer. Gil ...

Transportation veteran to focus on operationally-driven revenue and EBITDA growth ESTERO, Fla., March 15, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ), a leading global rental car company, today announced that Gil West, former Chief Operating Officer of Delta Airlines and GM's Cruise unit, will become Chief Executive Officer effective April 1, 2024, at which time he will join the Board. West will succeed Stephen Scherr, who has decided to step down as Chief Executive Officer and member of ...

Artur Debat/Moment via Getty Images What Makes Hertz Investable To Some Investors of Hertz Global Holdings, Inc. (NASDAQ:HTZ) have suffered tremendously in recent times. The famed car rental company has experienced severe setbacks and has left many investors wondering if down is the only direction the stock is going from here. But Hertz has dropped off so much that it now fits the criteria for inclusion in a portfolio of "falling knives" that may actually outpace the market in the future. While it's common ...