Paul E. Stone has a rich background in retail, which has shaped his leadership at Hertz Global Holdings. Since joining Hertz in 2018 as the Executive Vice President of North America, he climbed to the role of CEO in May...

Paul E. Stone has a rich background in retail, which has shaped his leadership at Hertz Global Holdings. Since joining Hertz in 2018 as the Executive Vice President of North America, he climbed to the role of CEO in May 2020. Stone's career started at Sam's Club, where he spent nearly 30 years, developing deep expertise in operations across a vast network. Under his leadership, Hertz navigated a complex restructuring, stemming from bankruptcy, to achieve significant performance goals. In terms of compensation, in 2022, he earned about $4.9 million, which included a performance bonus that showed a direct link to the company’s success. Notably, he resigned from his CEO role on September 30, 2023, but continued with Hertz in a different capacity to ensure a smooth transition. His focus on aligning executive pay with company performance underscores his understanding of what drives success in such a competitive market. Outside of work, Stone demonstrated a keen interest in maximizing his investment portfolio, with significant insider trading activity observed during his tenure, indicating confidence in Hertz's potential. He engaged in several stock transactions from 2019 through 2024, with peaks of nearly $3.3 million in value during 2022, showcasing his strong belief in the company's future.