Hertz hires new CFO

ESTERO — Hertz has hired Thomas Kennedy to be its chief financial officer, replacing Elyse Douglas who resigned in September after declining to move to Florida.

Hertz is moving its corporate headquarters to Estero from Park Ridge, N.J. Douglas cited undisclosed personal reasons for not moving to Florida with top executives. The company is consolidating its headquarters in Estero after acquiring Dollar Thrifty Automotive Group.

Kennedy has been serving as executive vice president and chief financial officer for Hilton Worldwide since 2008, but he also has experience in the car-rental business. From 2003 to 2007, Kennedy served as executive vice president and chief financial officer for Vanguard Car Rental Group and its National Car Rental and Alamo Rent-a-Car brands.