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HTZ > SEC Filings for HTZ > Form 8-K on 25-Apr-2014All Recent SEC Filings

Show all filings for HERTZ GLOBAL HOLDINGS INC

Form 8-K for HERTZ GLOBAL HOLDINGS INC


25-Apr-2014

Change in Directors or Principal Officers


ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

(b)

Hertz Global Holdings, Inc. ("Hertz Holdings") and its wholly-owned subsidiary The Hertz Corporation ("Hertz" and together with Hertz Holdings, the "Companies") announced that Jatindar Kapur has resigned from his position as Senior Vice President, Finance and Corporate Controller of the Companies, effective April 22, 2014. Mr. Kapur's resignation was for personal reasons and was not due to any disagreement between Mr. Kapur and the Companies on any matter relating to the Companies' operations, policies, or practices.

(c)

Our new Chief Financial Officer, Thomas Kennedy, continues building out the Companies' financial team and in connection with Mr. Kapur's resignation, the Companies appointed Robin Kramer, 48, to succeed Mr. Kapur as Senior Vice President and Chief Accounting Officer of the Companies, effective May 16, 2014. Ms. Kramer has vast experience in public accounting, having served as a partner at Deloitte & Touche LLP from 2007 to 2014, where she acquired extensive practice with audit engagements of global SEC registrant companies, including by serving in Deloitte's National Office Accounting Standards and Communications Group from 2007 to 2010. From 2005 to 2007, Ms. Kramer served as Chief Accounting Officer of Fisher Scientific International, Inc., a global, public company that specialized in manufacturing and supplying products and services to the scientific-research and clinical laboratory markets, prior to its merger with Thermo Electron. Prior to that, she was Director, External Reporting, Accounting and Control for The Gillette Company from 2004 to 2005. Prior to joining The Gillette Company, Ms. Kramer spent seventeen years at Ernst & Young LLP and Arthur Andersen LLP, public registered accounting firms.

Ms. Kramer will receive salary, annual incentive awards (if earned) and equity awards, and will participate in other compensation and benefit programs, at levels consistent with her position and scope of responsibility.


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