ESTERO, Fla., April 1, 2016 /PRNewswire/ -- Rick Frecker
has been named acting general legal counsel for Hertz Global
Holdings, Inc., (NYSE: HTZ), following the resignation of
Thomas Sabatino, who is joining
Aetna as executive vice president and general counsel, law and
regulatory.
"Rick has been an integral part of the legal team at Hertz for
some time and has taken on increased responsibility during the past
year in his role of deputy general counsel. He has been intimately
involved in all corporate activities, including internal lead
counsel for the planned separation of our equipment rental
business. As a result, Rick is well-prepared to serve as acting
general counsel while we consider candidates from both within and
outside the company," said John
Tague, Hertz president and chief executive officer.
"I want to thank Tom for his service and counsel to Hertz over
the past year, particularly his guidance during our financial
restatement. With his extensive corporate experience and
exceptional reputation, we were fortunate to have Tom as part of
the executive team during what was a transitional period for the
company."
Frecker, who has been with Hertz since 2008, has served as vice
president and deputy general counsel for the company since
2013. In that capacity, he has had responsibility for all
corporate securities matters and served as head legal counsel on
Treasury and Corporate Development activities together with
responsibility for corporate compliance. In addition, Frecker
has had responsibility for legal activities related to the
company's franchise agreements.
Frecker received his legal degree from the Fordham University School of Law and a bachelor's
degree in business administration from Western
Michigan University.
About Hertz Global
Hertz Global Holdings operates the Hertz, Dollar, Thrifty and
Firefly car rental brands in approximately 9,980 corporate and
licensee locations throughout approximately 150 countries in
North America, Europe, Latin
America, Asia, Australia, Africa, the Middle
East and New Zealand. Hertz
Global Holdings is the largest worldwide airport general use car
rental company with approximately 1,635 airport locations in the
U.S. and more than 1,320 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 Global Holdings apart from the competition. Additionally,
Hertz Global Holdings owns the vehicle leasing and fleet management
leader Donlen Corporation, operates the Hertz 24/7 hourly car
rental business in international markets 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 280 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 Global Holdings, visit: www.hertz.com.
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SOURCE Hertz Global Holdings, Inc.