Hertz Global (HTZ) Company Profile
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General Information
Name: Hertz Global
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Hertz Global Holdings, Inc., founded in 1918, operates a vehicle and equipment rental businesses in the United States and Europe as well as a global service provider for industries like construction, automobile manufacturing, railroad, power generation, and shipbuilding, all through subsidiaries. Hertz Globals businesses are seperated into two division. The first, the Car Rental division, operates rental facilities near airports, central business districts, and suburban areas of cities, and also retails and leases used cars in the United States and France. The second, the Equipment Rental division rents, earthmoving equipment, material handling equipment, aerial equipment, electric equipment, compressors and generators, and construction-related vehicles and tools. The Equipment Rental division also offers claim management services, engaging in the investigation and negotiation of various claims, including third-party, first-party, bodily injury, property damage, and general and product liability for its customers. The company headquarters are located in Park Ridge, New Jersey. (see report summary)
Management Analysis
Hertz Global's management team was promoted from within. Research indicates that internal hires produce better long term returns for investors.
Hertz Global Milestones
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