Hertz CEO resigns

NAPLES — Hertz Global Holdings Chairman and CEO Mark Frissora has resigned for what the company says were personal reasons.

Frissora, who has a home in Naples, led the car-rental giant's move to Southwest Florida from New Jersey last year. The company is building an $85 million corporate campus in Estero, halfway between Naples and Fort Myers.

Hertz' board of directors has appointed Brian MacDonald as interim CEO while it searches for a permanent replacement. MacDonald is CEO of Hertz Equipment Rental.