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Hertz CEO resigns, to be replaced by former GM, Delta Airlines exec

Gil West is the fifth CEO of the car rental brand in the past seven years.

By Mark Gordon
| 7:25 p.m. March 15, 2024
| 0 Free Articles Remaining!

Charlotte–Lee–Collier

Hertz Global Holdings CEO Stephen Scherr, after a little more than two years in the top spot, will resign from his role and seat on the company board, the company announced after the market closed Friday afternoon.

The Estero-based car rental giant’s new CEO will be Gil West, who, according to a statement, was formerly COO of Delta Airlines and GM’s Cruise unit. West will also join the company board, the release states, when the leadership transition becomes effective April 1. On that day West will become Hertz’s fifth CEO since 2017.

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Mark Gordon

Mark Gordon is the managing editor of the Business Observer. He has worked for the Business Observer since 2005. He previously worked for newspapers and magazines in upstate New York, suburban Philadelphia and Jacksonville.