03/26/2024

Car rental company Hertz CEO Stephen Scherr has stepped down following massive losses due to company's investment in EVs

https://www.naturalnews.com/2024-03-25-hertz-ceo-steps-down-disastrous-bet-ev.html

Stephen Scherr, who ran rental car giant Hertz for over two years after three decades at Goldman Sachs Group Inc., has decided to step down in the wake of a disastrous bet on electric vehicles (EVs) that the company began unwinding in recent months. Hertz will replace him with Gil West, the former chief operating officer of […]

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