Hertz exec nets $8 million


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  • | 10:00 a.m. June 5, 2015
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Brian MacDonald recently resigned as CEO of the equipment rental division of Hertz after just one year at the post.

But he's not leaving without some cash.

Hertz agreed to pay MacDonald more than $8 million in cash in return for not competing with the rental car giant. In addition, the company says McDonald is due his share of salary and bonus for this year, which was not disclosed.

 

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