Hertz appoints new chief
Hertz has appointed John Tague as chief executive.
He replaces interim boss Brian McDonald, a specialist in corporate turnarounds, who stepped in following the departure of Mark Frissora ‘for personal reasons’ in September.
Tague was previously chief operating officer at United Airlines but left after the airline merged with Continental Airlines in 2010.
After that, he worked for logistics company Cardinal Logistics Holdings where he was chief executive.
At Hertz, he will oversee an investigation of the firm’s corporate accounting. According to a report in the Financial Times, the car rental company might have to re-issue the last three years of its financial results because of accounting problems.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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