
by Donald Wood
Last updated: 12:50 PM ET, Mon July 8, 2024
WHY IT RATES: One of the
biggest car rental companies in the world unveiled a leadership shakeup.—Donald
Wood, Breaking News Senior Writer.
Hertz Global Holdings, Inc., a leading global rental car
company, announced key appointments that will strengthen its leadership team
and sharpen the Company's focus on driving enhanced profitability through
operational excellence, superior customer service, strategic fleet management,
cost control, and premium revenue.
Sandeep Dube will join Hertz as Executive Vice President,
Chief Commercial Officer on July 22, 2024, and Katherine Lee Martin, who
currently serves as Hertz's Interim General Counsel, will be appointed to
Executive Vice President, General Counsel, and Corporate Secretary, effective
immediately.
In addition, the following leaders are joining Hertz this
month: Henry Kuykendall as Executive Vice President, North America Operations;
Greg May as Executive Vice President, Fleet Management; and Mike Moore as
Executive Vice President, Technical Operations. Each executive will report to
Hertz Chief Executive Officer Gil West.
"The leaders announced today, along with our new CFO
Scott Haralson, add capacity and capabilities that complement our existing
leadership team's deep institutional knowledge of the rental car
industry," said Hertz Chief Executive Officer Gil West. "With this
best-in-class leadership team, we are now set to execute our strategy to
deliver sustainable growth and create value by excelling at the basics –
elevating our operational performance across every facet of our business with
continued process improvement, technological and product innovation, and
mobilizing our best and most valued asset – our 27,000 employees globally – to
deliver an unmatched customer experience."
West added, "Our enhanced executive team, and the added
resilience and flexibility afforded by the capital we recently raised, enable
us to pursue our fleet rotation plan on an accelerated timeline, deliver our
cost and revenue improvement initiatives, and allow Hertz to reach its full
potential. We are at an exciting inflection point in our path to generate
greater value for our customers, employees, and shareholders."
Sandeep Dube, Executive Vice President, Chief Commercial
Officer, will lead global commercial strategy and revenue generation for
Hertz through an integrated customer-centric approach, overseeing revenue
management and pricing, corporate sales and strategic partnerships, customer
experience, product development, loyalty programs, marketing, and franchise.
Dube has over 25 years of experience leading transformational growth for
businesses. He most recently served as Chief Operating Officer at Intuit
Mailchimp. Before that, he was Chief Commercial Officer at Activision Blizzard,
and he held senior leadership roles at Delta Air Lines, including Senior Vice
President, Revenue Management, leading revenue, product strategy, and
commercial delivery, Senior Vice President, Digital, Loyalty, Lounges, and Consumer
Insights, and Chief Executive Officer of Delta Vacations.
Katherine Lee Martin, Executive Vice President, General
Counsel, and Corporate Secretary, will continue to oversee Hertz's global
legal affairs, government affairs, as well as sustainability and social impact
teams. Martin has served as the Company's Interim General Counsel and Assistant
Corporate Secretary since April 2024, after joining Hertz in May 2023 as Vice
President, Chief Counsel. Prior to joining Hertz, she held senior leadership
positions at X Corp. and Twitter, where she oversaw the company's global
portfolio of highly complex litigation, regulatory, and competition matters.
Before joining Twitter, Martin spent more than a decade as an Assistant U.S.
Attorney at the U.S. Department of Justice.
Henry Kuykendall, Executive Vice President, North America
Operations, will oversee airport and off-airport car rental operations
across North America. Kuykendall previously spent 33 years at Delta Air Lines,
where he held several key leadership roles focused on operations, customer
service and sales, and the development of best-in-class processes. He most
recently served as Senior Vice President, Airport Operations, East, overseeing
all airport operations at Boston Logan International Airport, Detroit
Metropolitan Airport, LaGuardia Airport, and John F. Kennedy International
Airport. In that role, Kuykendall also oversaw Delta's operations at 41
stations in the East and at 137 smaller airport locations across the U.S.,
which comprised over 20,000 employees and contractors.
Greg May, Executive Vice President, Fleet Management, will lead all aspects of Hertz's fleet management, including fleet procurement
and strategy, analytics, and vehicle remarketing. May has over 35 years of
experience managing commercial aviation fleets and supply chains and has held
leadership positions at Delta Air Lines, Northwest Airlines, and United
Airlines, among other companies. He also founded aircraft leasing company Q
Aviation and launched Valkyrie BTO Aviation, a commercial aircraft investment
company for Blackstone where he most recently served as President and Chief
Executive Officer.
Mike Moore, Executive Vice President, Technical
Operations, will lead all aspects of Hertz's fleet maintenance. Due to his
over 25 years of experience managing fleet operations and maintenance, Moore
has expertise in overseeing operations and delivering process improvements that
reduce costs and drive enhanced financial performance. He has held leadership
positions at Delta Air Lines, where he spent a decade in operations-focused
roles of increasing responsibility, and at Northwest Airlines, among others. He
most recently served as Executive Vice President, Spaceline Technical
Operations at Virgin Galactic.
SOURCE: Hertz Global
Holdings, Inc. press release.
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