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Hertz CEO Stephen Scherr steps down, Gil West to succeed

Hertz CEO Stephen Scherr steps down, Gil West to succeed

Hertz Global Holdings (HTZ) announced that Gil West, former COO of Delta Airlines (DAL) and GM‘s (GM) Cruise unit, will become CEO effective April 1, at which time he will join the Board. West 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.

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