ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
On October 13, 2020, the Boards of Directors of Hertz Global Holdings, Inc.
("HGH") and The Hertz Corporation ("Hertz") (collectively, the "Company")
appointed Alexandra D. Brooks, Senior Vice President, Internal Audit of the
Company, to serve as Senior Vice President and Chief Accounting Officer of the
Company, effective November 1, 2020 (the "Effective Date"). Her appointment
follows the resignation of R. Eric Esper from his position as Senior Vice
President and Chief Accounting Officer of the Company on the Effective Date.
Ms. Brooks, 50, has served as Senior Vice President, Internal Audit from June
2020 to October 2020. Prior to joining the Company, Ms. Brooks was the Vice
President, Internal Audit at Aptiv PLC ("Aptiv"), a global technology company,
beginning May 2015. Before joining Aptiv, Ms. Brooks was the Chief Financial
Officer for Champion Windows and Home Exteriors, a home improvement company,
from 2013 to 2015. Prior to that, Ms. Brooks was in a variety of leadership
roles at the General Electric Company, including Global Controller for the
Aviation segment, Executive Technical Advisor to the Corporate Audit Staff, and
Global Controller for the Plastics division. Ms. Brooks also worked at the
General Motors Company in a variety of finance and accounting roles. She began
her career with Pricewaterhouse Coopers. She is a Certified Public Accountant
with a Master of Business Administration from Wayne State University and a
Bachelor of Science in accounting from the University of Rhode Island.
In connection with Ms. Brooks' promotion, her annual base salary was increased
to $420,000 and her annual bonus target under the Company's annual bonus plan
was set at 55% of her annual base salary, in each case, effective on the
Effective Date. In addition, Ms. Brooks will receive $50,000 to cover expenses
in connection with her relocation to the Company's headquarters in Estero,
Florida.
The selection of Ms. Brooks to serve as Senior Vice President and Chief
Accounting Officer was not pursuant to any arrangement or understanding with
respect to any other person. There are no family relationships between Ms.
Brooks and any director or executive officer of the Company, and there are no
transactions between Ms. Brooks and the Company that would be required to be
reported under Item 404(a) of Regulation S-K.
ITEM 7.01 REGULATION FD DISCLOSURE.
On October 19, 2020, the Company issued a press release announcing the
appointment of Ms. Brooks as Senior Vice President and Chief Accounting Officer
of the Company. The full text of the press release is furnished as Exhibit 99.1
to this Current Report on Form 8-K and incorporated herein by reference.
The information contained in Exhibit 99.1 shall not be deemed to be "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), and shall not be incorporated by reference into any filings
under the Securities Act of 1933, as amended, or the Exchange Act, except as may
be expressly set forth by specific reference in such filing.
ITEM 9.01 EXHIBITS.
(d) Exhibits.
Exhibit
Number Description
99.1 Press Release, dated October 19, 2020
101.1 Pursuant to Rule 406 of Regulation S-T, the cover page to this Current Report
on Form 8-K is formatted in Inline XBRL
104.1 Cover page interactive data file (embedded within the Inline XBRL document)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
HERTZ GLOBAL 
