Hertz 2014 Annual Report Download - page 233

Table of Contents

 

þ x
þ x
þ x
þ x

þ x

þ x
þ x
þ

 x

We refer to the following individuals as our “named executive officers” (or “NEOs”):
• John P. Tague, who became our Chief Executive Officer on November 21, 2014;
• Thomas C. Kennedy, our Chief Financial Officer and Senior Executive Vice President;
• Brian P. MacDonald, who became Chief Executive Officer of Hertz Equipment Rental Corporation (“HERC”) on June 2, 2014 and served in
that role until his resignation on May 20, 2015, and served as our interim CEO from September 7, 2014 to November 20, 2014;
• Michel Taride, who is our Group President, Rent‑A‑Car International;
• Robert J. Stuart, who is our Executive Vice President, Sales and Marketing;
• Richard D. Broome, who served as our Executive Vice President, Corporate Affairs and Communications until his resignation on July 1,
2015;
• Mark P. Frissora, who served as our CEO until his resignation on September 7, 2014;
• Scott P. Sider, who served as Group President, Rent-A-Car Americas until his retirement on August 18, 2014; and
• J. Jeffrey Zimmerman, who served as Executive Vice President, General Counsel and Secretary until his resignation on December 1,
2014.

The Compensation Committee reviews and establishes the compensation program for our NEOs. Our Compensation Committee is committed to
creating incentives for our NEOs that reward them for the performance of our Company. Our Compensation Committee’s philosophies include an
emphasis on the following:
  
 Our Compensation Committee believes that creating goals which are more directly focused on the price and performance of Hertz
Holdings’ common stock will further align the interests of Hertz Holdings’ stockholders and our NEOs.
  Our
Compensation Committee is committed to simplifying our short-term cash compensation program and long-term equity compensation
program to focus our NEOs’ attention on
221
Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.