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Hertz CFO says no to Florida


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  • | 7:57 a.m. September 30, 2013
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Rental-car giant Hertz recently held a career fair in Bonita Springs where it will move its global headquarters from New Jersey over the next two years.

One job it's looking to fill: chief financial officer.

Elyse Douglas, Hertz senior vice president and CFO, says she'd rather resign than move to Florida. Her resignation becomes effective Oct. 1.

Hertz did not disclose why Douglas isn't moving, except to cite “personal reasons” for not leaving the New York City area.

In a statement, the company says: “Chairman and CEO Mark Frissora and its board of directors requested that key executives, including the CFO, move with the company and establish residency in the state of Florida.  As of October 2013, the executive team will become the first group of Hertz employees to relocate to a temporary site in Naples, Florida, while the new headquarters is constructed in Estero.”

David Rosenberg, currently the CFO of Hertz International, will serve as the company's CFO on an interim basis until a permanent replacement is selected.

 

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