ESTERO,
Fla., Aug. 27, 2024 /PRNewswire/ -- Hertz Global
Holdings, Inc. (NASDAQ: HTZ) – one of the leading global rental car
companies – announced that its Board of Directors is increasing the
size of the Board from nine to 11 and is electing Mr. Francis
"Frank" Blake and Ms. Lucy Clark
Dougherty to serve as directors, effective today.
Blake is the retired chairman and CEO of The Home Depot, former
non-executive chairman of Delta Air Lines, former deputy secretary
for the U.S. Department of Energy, former general counsel for the
U.S. Environmental Protection Agency and a longtime executive at
General Electric.
Clark Dougherty is senior vice
president, general counsel and Board secretary of Polaris Inc. She
formerly served as deputy general counsel at General Motors and
chief legal officer and counselor to the secretary of the U.S.
Department of Homeland Security.
"Frank and Lucy enhance our Board with decades of experience in
both the private sector and public service," said Colin Farmer, chair of the Hertz Board. "Frank's
distinguished career spans across business, government and law –
including two decades of proven success on corporate boards. Lucy
offers a wealth of expertise in driving business transformation,
innovation and strategy – along with extensive experience advising
boards. Together, they complement the diverse skills and
backgrounds of our current board members and will effectively
collaborate with them to steer our company toward future
success."
Under the direction of CEO Gil
West – who joined April 1 –
Hertz has recruited a world-class leadership team to execute the
company's strategy of delivering sustainable growth and creating
value by elevating operational performance across every facet of
its business along with a commitment to deliver an unmatched
customer experience.
In joining the Hertz Board, Blake and Clark Dougherty initially will not be assigned
to standing committees of the board.
BIOGRAPHIES
Frank Blake served as
chairman and CEO of The Home Depot from January 2007 through November 2014, and then as chairman through
January 2015. He joined The Home
Depot in 2002 as executive vice president, business development and
corporate operations. The Boston
native previously served as deputy secretary for the U.S.
Department of Energy and in a variety of executive roles at General
Electric, including senior vice president, Corporate Business
Development. Blake's public sector experience also includes having
served as general counsel for the U.S. Environmental Protection
Agency, deputy counsel to Vice President George Bush and law clerk to U.S. Supreme Court
Justice John Paul Stevens. He has
served on the board of directors for Unifi, Inc., Proctor &
Gamble, Macy's, Delta Air Lines, The Southern Company
and the Georgia Aquarium. He holds a bachelor's degree from
Harvard University and a juris
doctorate from Columbia University
School of Law.
Lucy Clark Dougherty
joined Polaris in January 2018 as
senior vice president – general counsel, compliance officer and
Board secretary. Prior to Polaris, she held a number of leadership
roles at General Motors, including deputy general counsel for
Global Markets, Autonomous Vehicles and Transportation as a Service
and deputy general counsel – Commercial, Product Safety, and
Regulatory, as well as vice president and general counsel – General
Motors North America. She also served in the U.S. Department of
Justice, Executive Office of the President and the U.S. Department
of Homeland Security, where she was chief legal officer and
counselor to the secretary of Homeland Security. She holds a
bachelor's degree from Yale and a juris
doctorate from the University of
Michigan Law School.
ABOUT HERTZ
The Hertz Corporation, a subsidiary of Hertz Global Holdings,
Inc., operates the Hertz, Dollar, and Thrifty vehicle rental brands
throughout North America,
Europe, the Caribbean, Latin
America, Africa, the
Middle East, Asia, Australia, and New
Zealand. The Hertz Corporation is one of the largest
worldwide vehicle rental companies, and the Hertz brand is one of
the most recognized globally. Additionally, The Hertz Corporation
owns and operates the Firefly vehicle rental brand and Hertz 24/7
car sharing business in international markets and sells vehicles
through Hertz Car Sales. For more information about The Hertz
Corporation, visit www.hertz.com.
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SOURCE Hertz Global Holdings, Inc.
