NAPLES, Fla., Aug. 13, 2015 /PRNewswire/ -- The Hertz
Corporation (NYSE:HTZ) announced that Carlo Cavecchi has
joined Hertz Equipment Rental Corporation (HERC) as Vice President,
Specialty Rental Group, reporting to Bruce
Dressel, Chief Operating Officer.
In this new role, Mr. Cavecchi will lead HERC's current
specialty business segments, including Pump, Energy Services, HVAC
and Industrial Small Tools. He will also be responsible for leading
the company's growth into additional solutions-based,
customer-focused specialty areas.
"We are delighted to have Carlo join Hertz Equipment Rental. His
energy and enthusiasm, coupled with his deep industry knowledge and
significant P&L experience, make him a strong addition to our
leadership team," said Larry Silber,
President and Chief Executive Officer, HERC.
"Specialty services will continue to play an important role in
enabling us to drive higher dollar utilization and enter into new
markets," added Bruce Dressel.
"Given his customer-focused track record of growing specialty
businesses, Carlo was the perfect choice to help HERC grow its
top-line revenue through specialty-market opportunities."
"I am excited to join the Hertz Equipment Rental team during
this pivotal time in the company's history," said Carlo Cavecchi.
"I've always viewed HERC as the gold standard of the industry. I am
confident together we'll be able to deliver dedicated customer
service and win market share in this high profile segment."
Since 2007 Mr. Cavecchi has served as the Chief Executive
Officer of Ally Onsite, a specialized equipment and on-site
services provider to the emergency restoration and oil field
industries. Beginning his career at HSS Hire Group, a
market-leading, U.K.-based equipment rental company, he quickly
progressed becoming Vice President of Operations in 1995. In 1998,
Mr. Cavecchi relocated to the United
States as Chief Executive Officer of HSS Rental Stores to
lead their U.S. expansion efforts. Within five years, a pilot
location in Florida had grown to
more than 70 locations operating in 14 states. After HSS, Mr.
Cavecchi joined The Home Depot, where he helped develop expertise
in their small tool and light equipment rental business.
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 350 locations in the United
States, Canada,
China, France, Spain, Saudi
Arabia and Qatar 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 the Hertz, Dollar, Thrifty
and Firefly car rental brands in more than 10,300 corporate and
licensee locations throughout approximately 150 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 company
with more than 1,600 airport locations in the U.S. and more than
1,300 airport locations internationally. Product and service
initiatives such as Hertz Gold Plus Rewards, NeverLost®,
Carfirmations, Mobile Wi-Fi and unique vehicles offered
through the Adrenaline, Dream, Green and Prestige Collections set
Hertz apart from the competition. Additionally, Hertz owns
the vehicle leasing and fleet management leader Donlen Corporation
and sells vehicles through its Rent2Buy program. The Company also
owns Hertz Equipment Rental Corporation ("HERC"), one of the
largest equipment rental businesses with more than 350 locations
worldwide offering a diverse line of equipment and tools for rent
and sale. HERC primarily serves the construction, industrial, oil,
gas, entertainment and government sectors. For more information
about Hertz, visit: www.hertz.com.
Media Contact:
Hertz Media Relations
Telephone: + 1 239-598-6300
Email: mediarelations@hertz.com
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SOURCE The Hertz Corporation