Hertz Global Holdings announced that Gil West, former COO of Delta Air Lines and General Motors’ Cruise unit, will become CEO, effective April 1. He will succeed Stephen Scherr, who has decided to step down as CEO and member of the board of directors on March 31. West and Scherr will work together over the next several weeks to ensure a smooth transition. The company operates the Hertz, Dollar and Thrifty vehicle rental brands.
Tom Wagner, vice chair of the board, said West’s experience as a successful leader in operationally intensive businesses “will further strengthen the company’s world class team of over 27,000 global employees who work tirelessly to deliver outstanding service to customers daily.” He said Hertz is “appreciative of Scherr’s contribution over the last two years, including on a number of key strategic initiatives, which Gil will now lead in their continued execution.”
Colin Farmer, lead director of the board of directors, said West “will be able to build upon the strategic projects begun during Stephen’s tenure, including improvements to technology, commercial partnerships and the revitalization of our value brands.”