Hertz Global Holdings, Inc. announced that Gil West, former Chief Operating Officer of Delta Airlines and GM's Cruise unit, will become Chief Executive Officer effective April 1, 2024, at which time he will join the Board. West will succeed Stephen Scherr, who has decided to step down as Chief Executive Officer and member of the Board of Directors on March 31, 2024. West and Scherr will work together over the next several weeks to ensure a smooth transition.

Gil's success in leading over 70,000 people at Delta and orchestrating highly effective operational turnarounds will position him well to lead Hertz. He will be able to build upon the strategic projects begun during Stephen's tenure, including improvements to technology, commercial partnerships and the revitalization of value brands. Gil's prior experience in transportation, travel and mobility will give him important perspective on how to thoughtfully lead Hertz into the future.