Stephen M. Scherr serves as the CEO of Hertz Global Holdings, Inc., having joined the company in February 2022. With a strong background in finance, Scherr previously held senior roles at Goldman Sachs for over 28 years, including Chief Financial...
Stephen M. Scherr serves as the CEO of Hertz Global Holdings, Inc., having joined the company in February 2022. With a strong background in finance, Scherr previously held senior roles at Goldman Sachs for over 28 years, including Chief Financial Officer and CEO of Goldman Sachs Bank USA. He holds degrees from Princeton University and Harvard Law School. Under his leadership, Hertz strives for growth and innovation in the car rental market, particularly after its bankruptcy restructuring. His compensation reflects a significant focus on aligning with shareholder interests, as he received substantial equity awards designed to boost the company's stock price. Notably, he had a moment where his insider trading recorded a peak net worth of $121.05 million in February 2023, demonstrating a strong alignment with the company performance. Scherr’s strategy involves navigating the company’s financial recovery and enhancing operational efficiency to adapt to a rapidly changing industry. His leadership points towards a future shaped by technology and customer-centric services, essential for positioning Hertz as a key player in mobility solutions.