Stephen M. Scherr's holdings in Hertz Global Holdings have seen significant fluctuations since he became CEO. At one point in February 2023, his reported holdings were valued at $121.05 million. However, due to market conditions and the company’s restructuring, his...
Stephen M. Scherr's holdings in Hertz Global Holdings have seen significant fluctuations since he became CEO. At one point in February 2023, his reported holdings were valued at $121.05 million. However, due to market conditions and the company’s restructuring, his wealth has varied, falling to a valuation of $76.69 million by October 2023. Scherr's highest value came during a strong performance period for the stock, indicating a close link between his personal wealth and the company's success. His most significant assets include performance-based equity that vests based on the company's stock price. Scherr's holdings reflect both the risks and rewards inherent in leading a company in the competitive car rental industry.