Icahn: Hertz not a loser


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  • | 11:00 a.m. May 29, 2015
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Carl Icahn doesn't like losers.

Interviewed by phone on CNBC recently, the prominent and sometimes outspoken New York investor took care when discussing Hertz in light of the company's ongoing accounting and operational problems. Icahn boosted his stake in the Estero-based car rental giant to 11.3% of the company in January.

Icahn also led the charge to shake up the executive suite at Hertz last year. Former United Airlines executive John Tague took over the top post after CEO Mark Frissora resigned. Frissora, who has a home in Naples, was the CEO who led the company's headquarters relocation to Southwest Florida from New Jersey in 2013.

 

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