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Hertz CEO to Step Down as Electric Vehicle Bet Unwinds

Posted

March 15, 2024

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Hertz Global Holdings is replacing its CEO in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months, according to people familiar with the matter. David Welch reports.

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Hertz Global HoldingsDavid Welch

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Hertz CEO to Step Down as Electric Vehicle Bet Unwinds · Bloomberg Television · Sentinel