Market Pulse
Hertz CFO Kenny Cheung to leave company, to pursue another professional opportunity
Hertz Global Holdings Inc. (HTZ) said Monday that Chief Financial Officer Kenny Cheung was leaving the company, after about 2 1/2-years in the role. The car rental company appointed Chief Accounting Officer Alexandra Brooks as interim CFO, effective April 1, and has initiated a formal search for a permanent CFO. Cheung, who was appointed CFO in September 2020, is leaving to pursue "another professional opportunity in a different industry." Hertz's stock, which rose 1.4% in premarket trading, has gained 3.0% over the past three months through Friday, while the S&P 500 has tacked on 3.7%.
-Tomi Kilgore
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March 27, 2023 07:38 ET (11:38 GMT)
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