What is Hertz Global Holdings and who is its CEO?

David Albers/Staff
- Hertz CEO Mark Frissora speaks about the relocation of the company's headquarters to Lee County during a press conference at the Hertz rental car counter at Southwest Florida International Airport on Tuesday, May 7, 2013, in Fort Myers.

Photo by DAVID ALBERS // Buy this photo

David Albers/Staff - Hertz CEO Mark Frissora speaks about the relocation of the company's headquarters to Lee County during a press conference at the Hertz rental car counter at Southwest Florida International Airport on Tuesday, May 7, 2013, in Fort Myers.

Hertz Global Holdings

Founded: 1918

Franchise locations: 10,270

Employees: 30,200 (22,500 in the U.S., 7,700 international)

2012 revenues: $9 billion

2012 expenses: $8.57 billion

Industry revenues: $34.3 billion

Market share: 21 percent

Top competitors: Enterprise Rent-A-Car Company (34.6 percent market share), Avis Budget Group Inc. (16.3 percent market share)

Stock price (as of the close of the markets on Tuesday): $24.81

Market cap: $9.93 billion

Source: Hertz Global Holdings SEC filings, IBISWorld

CEO Mark Frissora

Age: 57

Education: 1977 graduate of Ohio State University

Employment start: January 2007

Previous employment: CEO of Tenneco Inc., an automotive parts supplier, from 1999 to 2006; company had $4.7 billion in revenues in his final year as CEO

2012 compensation: $14.5 million ($6.5M in stock awards, $4.2M in incentives, $1.3M in salary, $2.5M other)

Forbes CEO compensation rank: 179th

Notable: His son, Christopher, married New York City Mayor Michael Bloomberg’s daughter, Emma, in 2005

What he’s saying about Southwest Florida: “It’s going to be an international, global headquarters, and we’re going to create a brand new culture here. It’s going to be fun.”

Source: Hertz Global Holdings SEC filings, Tenneco Inc. SEC filings, news reports

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