Category: Press Release

NAPLES, Fla., Sept. 10, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), has announced that Christian Cunningham has joined the Hertz Equipment Rental Corporation (HERC) as its Chief Human Resources Officer. The role has been newly created for HERC as Hertz prepares to separate its car and equipment rental businesses into standalone, publicly traded companies as announced in March 2014.

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Mr. Cunningham has significant, senior-level experience in the Initial Public Offering (IPO) process, talent acquisition, board liaison, performance management and governance matters. He also brings international and field leadership experience along with a prior operational background with P&L responsibility. He joins HERC from DFC Global Corporation where he served as Vice President, Corporate HR and HR Services since June 2013 with global responsibility for all human resource matters for corporate staff.

Previously Mr. Cunningham held the position of Vice President, HR, Compensation and Benefits at Sunoco Inc. and Sunoco Logistics from 2010 to 2013. He was a member of the senior leadership team involved in transforming the company through several large transactions, including an IPO and establishment of a joint venture with a private equity firm.

"Chris is a superb addition to the Hertz Equipment Rental Corporation senior leadership team. His experience in supporting a major IPO and spin off process in addition to his expertise in leading sophisticated corporate and field human resource programs will be invaluable for HERC," said Brian MacDonald, Interim Chief Executive Officer, Hertz.

"Chris’ proven ability to build and lead effective teams in complex, multi-cultural environments will also be immensely useful to HERC as the company continues to expand its world-wide presence and diversify into new markets. As HERC continues its progress towards the anticipated separation from Hertz, the equipment rental provider is building on a strong foundation and is well positioned for long-term growth," he added.

Prior to Sunoco, Mr. Cunningham served at ARAMARK as Vice President, Global Compensation and Strategy (2008 to 2010); at Scholastic Inc. as Vice President, Compensation, Benefits and HRIS (2006 – 2007); and at Pep Boys as Assistant Vice President, Human Resources (2005 – 2006). Previously Mr. Cunningham held director and regional managerial positions, in roles with increasing levels of responsibility at Pep Boys (1995 – 2005) and Tire Service Corporation, Inc (1985 – 1995).

Mr. Cunningham earned his Master of Business Administration from the Wharton School, University of Pennsylvania, and a Bachelor of Arts degree in Behavioral Science and Psychology from the same university.

Notes to Editors

On March 18, 2014, The Hertz Corporation announced that its board of directors approved plans to separate into two independent, publicly traded companies. The two companies will be "Hertz," comprised of the Hertz, Dollar, Thrifty and Firefly rental car businesses as well as Donlen, a provider of fleet leasing and management services, and a new equipment rental company, operating today as the Hertz Equipment Rental Corporation. The separation is planned to be in the form of a tax-free spin-off to Hertz shareholders, and the Company has received a Private Letter Ruling from the Internal Revenue Service that allows Hertz to separate the businesses in a tax-efficient manner.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements contained in this report, and in related comments by the Company’s management, include "forward-looking statements." Forward-looking statements include information concerning the Company’s liquidity and its possible or assumed future results of operations, including descriptions of its business strategies. These statements often include words such as "believe," "expect," "project," "potential," "preliminary," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that the Company has made in light of its experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate in these circumstances. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company’s actual results could differ materially from those expressed in the forward-looking statements due to a variety of important factors, both positive and negative, that may be revised or supplemented in subsequent reports on SEC Forms 10-K, 10-Q and 8-K. Some important factors that could affect the Company’s actual results include, among others, the thorough review of the Company’s internal financial records that is being conducted, additional time that may be required to complete the review, the ability of the Company to remediate any material weakness in its internal control over financial reporting and those that may be disclosed from time to time in subsequent reports filed with the SEC and those described under "Risk Factors" set forth in Item 1A of the annual report on Form 10-K for the year ended December 31, 2013 of the Company. You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

About Hertz Equipment Rental Corporation

Hertz Equipment Rental Corporation (www.hertzequip.com) – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers programs and equipment through its customer programs for Aerial, Energy, Entertainment, Government, HERC360 Fleet Management, Industrial Plants, National Accounts and Safety. With approximately 360 locations in the United States, Canada, China, France, Spain and Saudi Arabia as well as through international licensees, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

About Hertz

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

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SOURCE The Hertz Corporation

NAPLES, Fla., Sept. 8, 2014 /PRNewswire/ — Hertz (NYSE: HTZ) and Navigation Solutions today announced the launch of the next generation Hertz NeverLost® GPS navigation system across the U.S. The award-winning in-vehicle system now offers even more customization capabilities for travelers along with new, breakthrough navigation tools for ease, convenience and personalization when planning trips. The new system syncs directly with the recently launched Hertz NeverLost® Companion app, giving travelers access to more than 10 million U.S. destinations on their mobile devices to plan trips at their leisure, then instantly begin navigation in their Hertz rental.

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"Our innovation goes beyond a typical navigation device, offering hands-free calls and instant Bluetooth connection, personal and customizable rental information, exploratory travel guides, weather, flight information, and even access to a concierge to provide the traveler with an enhanced rental experience," said Mark P. Frissora, Hertz Chairman and CEO. "With the latest Hertz NeverLost, customers can experience a new way of trip planning and navigation with a one-of-a-kind travel tool that allows them to see more, do more and discover more."

Hertz NeverLost® is available to rent along with a Hertz vehicle and offers groundbreaking features for rental GPS systems within the car rental industry, including:

• Hands-Free Calls – For ease and safety on the road, pair with a smartphone to make and receive calls and access contacts. Phone numbers for points of interest within the device can also be dialed.
• Travel Guide – Explore the city and discover local events. Quickly search through thousands of points of interest and get even more out of the trip with accompanying audio, images and descriptions.
• Weather, Flights & More – Discover special events and local attractions and get access to weather and flight information.
• NeverLost Concierge – Live concierge operators are available to help search for destinations, build custom trips and send route information directly to the NeverLost system.
• Companion App – Stay connected with the NeverLost Companion app to sync favorites, explore the area and search for destinations from any location.
• My Favorites – Enter download codes or use the USB flash drive to access trips built on NeverLost.com, the Companion app, or excursions built by the NeverLost Concierge team.
• Contact Hertz – The device is programmed with all necessary Hertz phone numbers. And with hands-free calling, Hertz can be contacted with a paired smartphone with the press of a button.
• Rental Record Info – View current rental record information on the device.

"We’re thrilled to be rolling out the newest version of Hertz NeverLost across the U.S. to offer travelers a sophisticated, yet easy-to-use navigation tool when renting with Hertz," said Rob Moore, Hertz Chief Technology Officer. "With the instantaneous connection to our new Companion app, the NeverLost system has become a first-of-its-kind within the travel industry, shaping the wave of the future for navigation technology."

To learn more about the new generation of Hertz NeverLost^®, visit www.NeverLost.com.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

About Navigation Solutions
Navigation Solutions, a Plano, TX company, is a wholly-owned subsidiary of The Hertz Corporation and is the developer of the award winning Hertz NeverLost® travel service. The suite of services includes the well-known in-car navigation system, as well as Online Trip Planning at NeverLost.com, free concierge-style product support at 1-800-823-2547, and the Companion smartphone mobile application. Hertz NeverLost® curates custom content that can be shared wirelessly between platforms via the cloud.

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SOURCE The Hertz Corporation

NAPLES, Fla., Sept. 8, 2014 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") today announced that Mark Frissora has stepped down for personal reasons as the Company’s Chairman and Chief Executive Officer. The Hertz Board of Directors has appointed Brian P. MacDonald, President and Chief Executive Officer of Hertz Equipment Rental Corporation (HERC), to serve as interim Chief Executive Officer of Hertz. In addition, Linda Fayne Levinson, Independent Lead Director of the Hertz Board, has been appointed Independent Non-Executive Chair of the Board. The Hertz Board has initiated a search process to identify a permanent CEO. The search process will be led by the Board’s Nominating and Governance Committee, which consists solely of independent directors, with the assistance of an executive search firm. Internal and external candidates will be considered.

Ms. Levinson commented, "During Mark’s tenure, Hertz has transformed from a single on-airport car rental brand to a world leading rental car company with a portfolio of brands that reach multiple consumer and business segments both on- and off-airport. With the acquisition of Donlen, not only did he bring the Company into fleet leasing, but acquired important technology that gives both leasing and car rental a competitive advantage. We appreciate his strong commitment to Hertz."

Ms. Levinson continued, "We are fortunate to have a proven leader of Brian’s caliber and experience to step into the CEO role on an interim basis while the Board conducts its search process. Since joining the Company, he has hit the ground running. He is a hands-on leader, and we know that he will be actively leading the Company forward executing our strategic imperatives during this period. Brian has the Board’s full support to execute the changes needed to drive shareholder value. We are confident that Brian’s abilities and experience at Hertz and elsewhere, together with the talent of the current management team, will ensure a smooth leadership transition for the benefit of all our stakeholders."

Mr. MacDonald brings a strong record to Hertz, having successfully led major corporate turnarounds at other companies, including Sunoco, Inc. and Isuzu Motors Limited. He also brings significant finance and accounting experience in his prior executive role at Dell, Inc., as Chair of the Audit Committee of CSC (formerly Computer Sciences Corporation) and as a former director and member of the Audit Committee of the Board of Directors at Ally Financial, Inc., where he was appointed as a director designee by the U.S. Treasury Department.

Mr. MacDonald commented, "I am honored to take on the role of interim CEO during this important time for our company. Hertz is a great business, and I look forward to working closely with the Board, senior leadership team and our dedicated and hard-working employees as we build an even stronger future for Hertz."

Ms. Levinson concluded, "The Board, and all of us at Hertz, are focused on improving our recent performance. We are addressing our challenges head-on and are confident that the actions underway will enable us to move the Company forward with great success. Hertz has a strong foundation in place, and we have a clear strategic direction that we believe will create significant additional value for Hertz shareholders. We are committed to ensuring that the Company fully capitalizes on these strengths, and we look forward to continuing our dialogue with shareholders as we execute on our plans."

The Company remains focused on continuing to run its business and is committed to executing its strategic priorities, including continuing to advance the planned separation of the Company’s equipment rental business into a separate, publicly traded company; further integrating and gaining the synergies of Dollar Thrifty; expanding Hertz’s off-airport footprint; and building on the Company’s success with Donlen leasing.

About Brian P. MacDonald

Brian P. MacDonald has served as President and Chief Executive Officer of Hertz Equipment Rental Corporation since June 2014.

Prior to joining Hertz, Mr. MacDonald served as President and Chief Executive Officer of ETP Holdco Corp., an entity formed following Energy Transfer Partners’ $5.3 billion acquisition of Sunoco, Inc. in 2012, where Mr. MacDonald had served as Chairman, President and Chief Executive Officer prior to ETP’s acquisition of Sunoco. Mr. MacDonald joined Sunoco in 2009 as Senior Vice President and Chief Financial Officer. During his tenure with Sunoco, the Company undertook a substantial restructuring to strengthen and transform the organization and better position it for growth. Sunoco exited unprofitable operations, significantly reduced costs, improved efficiencies, and refocused on established high-return businesses.

Prior to Sunoco, Mr. MacDonald worked at Dell, Inc. as Chief Financial Officer of the Large Enterprise Business Unit, overseeing all aspects of its financial management, and was involved with the Company’s accounting restatement. Before becoming the unit’s CFO in 2008, he served as Dell’s corporate Vice President and Treasurer. In this role, Mr. MacDonald led Dell’s mergers and acquisitions organization and headed the Company’s global treasury group.

Prior to Dell, Mr. MacDonald served in several financial management roles at General Motors Corporation, including at Isuzu Motors Limited, a $12 billion Japanese public company that was 49 percent owned by General Motors at the time and Treasurer of GM Canada, a $28 billion operating subsidiary.

Mr. MacDonald serves on the board of directors of CSC (formerly Computer Sciences Corporation) and previously served as a director at Ally Financial, Inc. where he was appointed as a director designee by the U.S. Treasury Department. He earned a Bachelor of Science from Mount Allison University and received a Masters in Business Administration from McGill University.

About Linda Fayne Levinson

Linda Fayne Levinson is Independent Lead Director of the Hertz Board of Directors. Ms. Levinson joined the Hertz Board in 2012, and is currently Chair of the Nominating and Governance Committee, and a member of the Compensation Committee.

Ms. Levinson has extensive industry, strategic, general management, investment experience and board experience. She has worked in multiple segments of the travel industry, including airlines early in her career and again as a partner at Wings Partners when they took Northwest Airlines private; at American Express where she led the leisure travel agency and tour business; and as a Board Director and investor in lastminute.com, an early entrant into digital distribution. Ms. Levinson gained strategic and diverse industry experience at McKinsey & Co where she was the first woman named a partner. She has both investment and technology experience as a partner at GRP Partners, a venture capital firm, where she invested and helped grow multiple e-commerce and search companies and built successful public companies. Ms. Levinson is an experienced corporate director, expert in succession planning, corporate governance and executive compensation, serving on multiple Boards and chairing both Compensation and Nominating and Governance Committees as well as serving as Lead Independent Director of NCR from 2007 to 2013. Ms. Levinson’s extensive management and leadership experience, her in-depth knowledge of corporate governance issues and her diversity of perspective provide the Company with valuable insight with regard to Hertz’s global operations.

About Hertz

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,465 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 9,985 corporate and franchisee locations in approximately 145 countries. Our Dollar and Thrifty brands have approximately 1,385 corporate and franchisee locations in approximately 75 countries and our Firefly brand has approximately 95 corporate and franchisee locations in 15 countries. Our Hertz brand name is one of the most recognized in the world, signifying leadership in quality rental services and products. We are one of the only car rental companies that has an extensive network of company-operated rental locations both in the United States and in all major European markets. We believe that we maintain the leading airport car rental brand market share, by overall reported revenues, in the United States and at approximately 130 major airports in Europe where we have company-operated locations and where data regarding car rental concessionaire activity is available. We believe that we also maintain the second largest market share, by overall reported revenues, in the off-airport car rental market in the United States. In our equipment rental business segment, we rent equipment through approximately 335 branches in the United States, Canada, France, Spain, the United Kingdom, China and Saudi Arabia, as well as through our international franchisees. We and our predecessors have been in the car rental business since 1918 and in the equipment rental business since 1965. We also own Donlen Corporation, or "Donlen," based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services. We have a diversified revenue base and a highly variable cost structure and are able to dynamically manage fleet capacity, the most significant determinant of our costs.

Forward Looking Language

Certain statements contained in this press release include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements often include words such as "believe," "expect," "project," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that the Company has made in light of its experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors that the Company believes are appropriate in these circumstances. We believe these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results. These forward-looking statements involve risks, uncertainties and assumptions. Many factors could affect our actual financial and operating results and could cause actual results to differ materially from those expressed in the forward-looking statements, due to a variety of important factors, both positive and negative.

Additional information concerning these factors can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Current Reports on Form 8-K.

The Company therefore cautions you against relying on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on the Company’s behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Hertz Global Holdings, Inc.

MIAMI and NAPLES, Fla., Sept. 3, 2014 /PRNewswire/ — Hertz (NYSE: HTZ) today celebrated a milestone: the 25,000^th rental of a Dream Car since the luxury collection of vehicles including Aston Martins, Ferraris, Bentleys and Lamborghinis was introduced in 2012. To commemorate this occasion, Hertz surprised five unsuspecting customers picking up their car rentals with a complimentary upgrade to a Dream Car of their choice. As part of the celebration, Mark Frissora, Hertz Chairman and CEO, awarded the 25,000^th Dream Car renter with a surprise Dream Package which included:

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• Overnight stay in Miami at the Winter Haven Hotel, part of Marriott International’s Autograph Collection
• Dinner for two at Lure Fishbar South Beach, one of the area’s hottest restaurants

"Today’s celebration marks the growth and popularity of our luxurious Dream Cars collection, which distinguishes Hertz as a leader in the industry. Achieving our 25,000th rental in less than two years of the program exceeds our most optimistic assumptions," said Mark P. Frissora. "Driving one of these cars is a memorable and exciting VIP experience and we’re privileged to provide our customers with the opportunity to get behind the wheel and feel the power, sportiness, elegance and comfort of these unique vehicles."

The Dream Cars collection is currently offered in 35 U.S. markets including Los Angeles, Dallas/Fort Worth, New York, Atlanta and Las Vegas. The collection is expanding to European markets in 2015. Vehicles in the collection include:

• Aston Martin V8 Vantage
• Audi R8, Spyder
• Bentley Continental GT
• BMW (650i Gran Coupe, 650i Convertible, M5)
• Cadillac CTS-V
• Ferrari (California, F430)
• Lamborghini Gallardo
• Land Rover Range Rover Sport
• Mercedes-Benz AMG (SLS, C63, E63)
• Mercedes-Benz (SL550, G550)
• Porsche (911, Cayenne, Boxster, Panamera)
• Tesla Model S

Dream Car rentals include a Hertz Concierge who offers personalized orientation of the vehicle. Delivery to and pickup from hotel, home, or other off-airport location is also available.

The 25,000^th Dream Car celebration comes on the heels of the third anniversary of the award-winning Hertz Gold Plus Rewards® customer loyalty program with newly-enhanced member benefits. To learn more about the Hertz Gold Plus Rewards® customer loyalty program, visit Hertz.com. For more information on Hertz Dream Cars, visit hertzdreamcars.com.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at: www.abouthertz.com.

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SOURCE The Hertz Corporation

NAPLES, Fla., Sept. 2, 2014 /PRNewswire/ — Hertz (NYSE: HTZ) is celebrating the three year anniversary of its award-winning Hertz Gold Plus Rewards® customer loyalty program and unveiling enhanced member benefits. Over the past year alone, the industry-leading loyalty program earned top honors for Best Rewards Program and Best Overall Benefits from FlyerTalk.com, and the 2013 COLLOQUY Loyalty Award, which recognizes groundbreaking innovations in loyalty marketing designed to enhance the consumer experience.

As part of the anniversary, Hertz hosted a summer-long promotion offering existing and new members the opportunity to earn double bonus points on weekly rentals. In total, Hertz awarded more than one million bonus points to its members throughout the summer. And as of now, Hertz is already running another promotion, Double Points on Ancillaries. Qualifying rentals with an ancillary product earn double points for charges of NeverLost, SiriusXM, PrePay for Fuel, and insurance coverage through September 30, 2014.

"Our breakthrough customer loyalty program is a first for the industry. Compared with any other car rental company, it offers easier ways to earn and redeem points, and maximum flexibility for point use," said Hertz Chairman and Chief Executive Officer, Mark P. Frissora. "The multiple awards received for Hertz Gold Plus Rewards is a testament to our commitment to create the most innovative and rewarding offers, technologies and services for our program members."

The global enhancements to Hertz’s Gold Plus Rewards® loyalty program allow members to fast forward their membership experience anywhere they rent a car, worldwide. As the core upgrade, among many others, it is now easier for Gold members to move up in status and enjoy additional benefits. The company did so by lowering the rental thresholds required to achieve and retain status in Hertz Gold Plus Rewards® Five Star® and Hertz Gold Plus Rewards® President’s Circle®. With the upgraded program, seven rentals now qualify members for Five Star® (previously 10), and 20 rentals qualify members to join the President’s Club® (previously 40).

Following are additional upgrades made to the program:

• Quicker Enrollment: Customers can now enroll in Gold Plus Rewards right at the rental counter.
• Hertz Gold Choice®: Provides renters with the peace of mind knowing their car will be ready and waiting for them, and the freedom to choose something different on the spot.
• Mobile Gold Alerts: Gold members can receive messages sent to their phone with up-to-the-minute information that let them know which car they’ll be driving and where their vehicle is parked.
• Faster Rentals: Allows Gold members to skip the counter at over 50 airports around the world. And at over 4,000 locations worldwide, renters can simply show their driver’s license and pick up their keys.
• More Ways to Earn Points: In addition to earning points on rental charges, Gold members earn with services like Hertz NeverLost®, Fuel Purchase, SiriusXM Satellite Radio, insurance coverage options, and more.
  • Current promotion: Now through September 30, 2014, existing and new Gold Plus Rewards members can earn double points for the ancillary charges of NeverLost, SiriusXM, PrePay the Fuel, and insurance coverage.
• Enhanced Rewards: Improved technology makes it easier for our members to view their real-time point balance, check their e-statements with up to 24 months of activity, and even redeem rewards during reservations.
• New Reward Destinations: Hertz added new destinations to our expanding global network, where our members can redeem points for free days, including Ireland and Brazil.

Hertz Gold Plus Rewards® is one of the few free loyalty programs in the industry. To become a member, customers can enroll online at www.Hertz.com or at a Hertz rental counter. Once enrolled, members can earn one point per dollar spent on all qualifying rentals. The program features AnyDay Rewards with no black-out dates, allowing members to use points at any time. Members also have the flexibility to use their points when it is convenient for them as Gold Plus Rewards points do not automatically expire. Each time a member rents a car that earns points or redeems points, their points renew for an additional two years, which means they do not have to worry about points expiring.

To learn more about the Hertz Gold Plus Rewards® customer loyalty program, visit www.Hertz.com.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at: www.abouthertz.com.

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SOURCE The Hertz Corporation

LONDON, Aug. 29, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) and Dorna Sports are pleased to announce that Hertz, the world-leading general use car rental brand, is yet again the title sponsor of the 2014 British MotoGP™. The British edition of the premier motorcycle racing world championship will be held at Silverstone from August 28th to August 31^st.

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Michel Taride, Group President, Hertz International, said: "Our ongoing partnership with Dorna Sports and MotoGP renews our excitement year after year, fuelling our adrenalin with real top two-wheels action. Hertz British Grand Prix is a world-renowned event that perfectly matches our passion for innovation and mobility and reflects our fastest, easiest and most valued car rental brand values. This year we will also have the opportunity to engage with visitors in the Hertz Game Zone and share with them a bit of our four-wheels passion too."

As title sponsor of the British MotoGP, Hertz will benefit from significant media exposure through a range of branding opportunities at the circuit, including at the trackside, bridge, starting point, winners’ podium backdrops, and clothing of the Paddock Girls. In addition, at this year’s event, visitors can try their hand at ‘winning the fastest lap’ of the famous Silverstone track on bike simulators placed in the Hertz Game Zone or have their photo taken in one of the Hertz Dream Collection vehicles on display in the area. Winners will be awarded with different prizes throughout the weekend.

The move follows the successful collaboration between MotoGP™ rights holder Dorna Sports and Hertz, which has been the car and equipment rental supplier for the premier motorcycle racing World Championship since 2010, and first took on title sponsorship of the event in 2012.

The MotoGP championship is an eighteen-race series visiting thirteen countries across four continents. The Hertz British Grand Prix edition of the MotoGP will see Britain’s Cal Crutchlow, Bradley Smith, Michael Laverty and Scott Redding battle it out with the likes of Marc Marquez, Valentino Rossi, Jorge Lorenzo, and Dani Pedrosa for the much-coveted title. British riders in the lower classes are also proving an ever-greater threat on the world stage, as Danny Kent will scrap it out in Moto2™, while Danny Webb looks to make a push for glory in Moto3™.

Pau Serracata, Managing Director Commercial Area, Dorna, commented: "To have Hertz on board as title sponsor once more for the 2014 British MotoGP™ gives me great pleasure. It not only shows the strength of our continued collaboration, but also the benefits and advantages the sponsorship of such a popular world-renowned racing event can have. With an extremely exciting season ahead, during which we will continue to use Hertz’s worldwide service for both vehicle and equipment rental, the Silverstone round is the ideal event to showcase our strong partnership."

About Hertz

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com

CONTACT:

Nicola Hanley
Ketchum
T: +44 (0) 207 611 3597
E: nicola.hanley@ketchum.com

Ian Savage
Ketchum
T: +44 (0) 207 611 3774
E: ian.savage@ketchum.com

Photo – http://photos.prnewswire.com/prnh/20140829/141421

SOURCE The Hertz Corporation

NAPLES, Fla., Aug. 25, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) announced today that it has appointed Louis R. Franzese as Chief Human Resources Officer, effective September 8, 2014. Mr. Franzese succeeds LeighAnne Baker, who left Hertz earlier this year to become Chief Human Resources Officer at Cargill, Inc.

Mr. Franzese joined Hertz in 1999 as Senior Staff Counsel specializing in Labor Relations. Between 2005 and 2012 he was the Company’s senior labor lawyer and spokesperson, having been promoted to Vice President, Labor Relations and HR Practices in 2005. In 2012, Mr. Franzese was promoted to Senior Vice President with responsibility for the Company’s Human Resources function in the Americas.

"Lou Franzese has extensive experience leading our HR efforts in the Americas, our largest market, including successfully managing the most sensitive employee and labor relations matters for Hertz," said Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Lou has proven time and again his ability to constructively address employee-related issues and, in his most recent position at Hertz, stepped up to the challenge of leading HR business partnership, talent acquisition, employee relations and HR-related financial initiatives in the Americas.

"Lou has been a highly regarded member of our senior management team, and now moves into our most senior HR role in a time of transformation for Hertz and its employees. I am confident he will help lead us through this process to position Hertz for long term success as an employer of choice," Frissora added.

Prior to joining Hertz, Lou spent eight years in private practice representing management in all facets of employment and labor law matters. Throughout his career, Mr. Franzese has lectured on various employment related issues and served as the Corporate Counsel Coordinator on the Executive Committee of the New Jersey State Bar Association.

Lou has a Bachelor of Arts degree from New York University and his Juris Doctorate from Seton Hall University School of Law.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

LONDON, Aug. 20, 2014 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ), the world’s largest general use car rental brand, has recently renewed its agreement with its franchise partner Paragon Car Rental Co., Ltd. which has been operating Hertz in Thailand since 2003. Hertz Thailand delivers total mobility solutions including domestic and cross border rentals for both business and leisure customers from around the world.

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The renewed partnership agreement has been signed by Chartchai Panichewa, Executive Board Chairman, Paragon Car Rental Co., Ltd (Hertz International Licensee) and Wong Soon Hwa, Vice President, Hertz Asia.

Michel Taride, Group President, Hertz International, said: "We’re delighted to renew and celebrate 11-year partnership with our Thailand franchisee Paragon Car Rental Co., Ltd (Hertz Thailand). Our long-standing relationship is a testament to the continual quality of service provided by both parties. Hertz Thailand’s total mobility solutions and cross-border rentals for both business and leisure customers will present significant growth potential."

Chartchai Panichewa added: "As a proud member of the Hertz family for the past 11 years, we share the company’s vision for growth and the commitment to deliver quality service to our customers with a touch of Thai and distinctly personal approach. Our growth and expansion strategy is geared towards supporting the ASEAN Economic Community’s (AEC) goal of regional economic integration by 2015, so our popular cross-border services as well as in-country mobility solutions are a key opportunity for us."

Hertz Thailand has branches located in all major airports and downtown locations throughout the country, including tourist destinations and cross-border trade zones. The car rental provider offers a large and diverse fleet to cater to short and long term rentals, self-drive and chauffeur drive.

More information about Hertz Thailand is available from www.hertz.co.th.

About Hertz

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

RESERVATION ENQUIRIES

Hertz Thailand

(Operated by Paragon Car Rental Co., Ltd)

Tel: +662 266 4666

Email: reserve@hertzthailand.com

PRESS CONTACT

Yotying Ariyanontakul

Hertz Thailand

(Operated by Paragon Car Rental Co., Ltd)

Tel: + 662 266 5068 # 115

Email: yotying@hertzthailand.com

Photo – http://photos.prnewswire.com/prnh/20140820/137754

SOURCE The Hertz Corporation

NAPLES, Fla., Aug. 7, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use car rental brand, was recently awarded two Travel + Leisure’s Social Media in Travel and Tourism (SMITTY) Awards.

Recognized for excellence in social media and innovations, Hertz received the award for Best Use of Foursquare after the company encouraged its customers to use the social platform by offering discounts to those who checked in at select Hertz airport locations. Additionally, Hertz won the award for Best Overall Use of Social Media among car rental companies for its increasingly engaging Twitter and Facebook platforms.

"At Hertz we’re consistently looking for ways we can improve and excel within the car rental and travel industries," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Winning two SMITTY awards this year is truly a testament to the efforts by all of us here at Hertz and it’s an honor to have our hard work recognized."

SMITTY Award winners are chosen by an expert panel including Jason Clampet, Cofounder and Head of Content at Skift, Ashley Perez, Senior Editor, BuzzFeed and Al Roker, Today Show host.

To learn more about these awards and Hertz offerings, visit Hertz.com.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

LONDON, Aug. 5, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s leading general use car rental brand, is offering 31 lucky Ryanair customers the chance to receive up to a €250 refund on the basic cost of their Hertz, Thrifty or Firefly vehicle rental as part of its exclusive partnership with Europe’s favourite low fares airline.

Ryanair customers who book a car with any of the three car rental brands in August for pick-ups between August 1^st and September 30^th 2014 at any of the airline’s European destinations will be in with a chance of receiving the refund. Rentals must be completed by September 30^th. The draw will take place on October 7, 2014 and the refunds will be issued by October 21, 2014. Other terms and conditions* apply.

Michel Taride, Group President, Hertz International, said: "This is a fantastic summer prize draw for 31 lucky customers of our valued partner Ryanair on top of the great rates offered by Ryanair, Hertz, Thrifty and Firefly. Everyone deserves a great summer break and this fun promotion is designed to make it that little bit more enjoyable for the 31 winners, which represents the equivalent of one for every day of August."

In addition to exclusive special offers and an integrated booking system enabling car rental and flight bookings to be made at the same time, Ryanair customers enjoy seamless access to Hertz’s wide range of vehicles at all of Ryanair’s 185 airports across Europe and North Africa.

For further information, bookings and full terms and conditions, visit www.hertz4ryanair.com.

* Terms and conditions

1. This prize draw promotion applies to Hertz, Thrifty and Firefly car rental bookings made on Ryanair.com between August 1, 2014 and August 31, 2014. Pick up must be made between August 1, 2014 and September 30, 2014 and rentals must be completed by September 30, 2014.
2. The standard rental Terms and Conditions of Hertz, Thrifty or Firefly (as appropriate) rental apply.
3. Up to €250 or equivalent will be refunded on the base rental amount.
4. Fuel and optional extras will not be refunded.
5. Draw will take place on October 7, 2014.
6. Winners will be contacted by email.
7. Refunds will be issued by October 21, 2014.
8. Applicable to all Ryanair destinations and all source markets.
9. Hertz has the right to contact customers with regards to the promotion.
10. This promotion is being run by Hertz Europe Limited, based at Hertz House, 11 Vine Street, Uxbridge, Middlesex, UB8 1QE, United Kingdom. This promotion is subject to English Law and is subject to the exclusive jurisdiction of the English Courts

About Hertz

Hertz operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands from approximately 11,555 corporate and licensee locations in about 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental brand, operating from approximately 10,090 corporate and licensee locations in approximately 145 countries. Dollar and Thrifty have approximately 1,400 corporate and franchise locations in approximately 75 countries. Hertz is the number one airport car rental brand in the U.S. and at 130 major airports in Europe.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Company’s Adrenaline, Dream, Family, Fun, Green and Prestige Collections also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services. More information about the company can be found at www.abouthertz.com.

Hertz Press Contact
Nicola Hanley
Ketchum
T: +44 (0) 207 611 3597
E: nicola.hanley@ketchum.com

Andre Hamlyn
Ketchum
T: +44 (0) 207 611 3798
E: andre.hamlyn@ketchum.com

SOURCE The Hertz Corporation