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As you may recall, last quarter I conducted a survey of all of the companies in the autoretailstocks.com index about their succession plans. My specific question was if one of the company's top 3 executives were to leave for some reason, had the board had identified a replacement? Below is the response I received back from Hertz Management: "Jerry, it would not be appropriate for us to comment on a Hertz Global Holdings' board of directors action but I can tell you that we have a lot of long tenured people in our organization. This gives us bench strength across our business segments and in the corporate organization." Source: Lauren Babus,
... To view the entire article: Related Companies: Hertz (will replace Adesa in index Feb 1, 2007)
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