Current General Counsel M. David Galainena announces retirement
ESTERO,
Fla., April 14, 2022 /PRNewswire/ -- Hertz
(NASDAQ: HTZ) today announced that Colleen
Batcheler will join the company as executive vice president,
general counsel and secretary, effective May
20. Batcheler will lead global governance for Hertz, which
encompasses legal, compliance and government
affairs. Batcheler's appointment will follow the retirement of
Dave Galainena, who has served as
executive vice president, general counsel and secretary for the
past three years and has practiced law for nearly 40 years. Dave
will continue with the company through June
30 to facilitate a transition.
"We are excited to have Colleen join our leadership team at a
time of considerable opportunity for Hertz to engage its customers
and to lead the industry in the future of mobility and travel,"
said Hertz CEO Stephen Scherr.
"Colleen's strategic thinking and deep experience with formidable
consumer brands will better position Hertz to execute on its core
priorities of electrification, shared mobility and the delivery of
a digital-first customer experience."
"I also want to congratulate Dave on his retirement and thank
him for his many contributions to Hertz, which includes helping the
company complete its successful restructuring last year and
establishing a strong foundation for the future," said Scherr.
Batcheler has more than 15 years of experience as a
business-oriented general counsel and senior leader and more than
20 years of experience advising public companies. Since 2009,
Colleen has served as executive vice president, general counsel and
corporate secretary at Conagra Brands, Inc., one of North America's leading branded food
companies, where she has spent the past 16 years, overseeing all
legal and governmental affairs for the company. Prior to joining
Conagra, Batcheler was vice president and corporate secretary at
Albertson's, Inc., associate counsel with The Cleveland Clinic
Foundation and an associate with the law firm of Jones Day.
"I'm thrilled to join Hertz at this pivotal time for the
company," said Batcheler. "The company's strategic focus and
investment in the future of mobility presents an exciting
opportunity and I look forward to working alongside the leadership
at Hertz and with all the talented team members around the world to
drive the business forward."
Colleen serves as a trustee of the Latin School of Chicago and is an emeritus trustee of
Case Western Reserve University. She
earned a B.A., in political science from the State University of New York College at Fredonia,
and her J.D. from Case Western Reserve School of Law.
About Hertz
The Hertz Corporation, a subsidiary of Hertz Global
Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle
rental brands throughout North America, Europe,
the Caribbean, Latin America, Africa,
the Middle East, Asia, Australia and New
Zealand. The Hertz Corporation is one of the largest worldwide
vehicle rental companies, and the Hertz brand is one of the most
recognized globally. Additionally, The Hertz Corporation operates
the Firefly vehicle rental brand and Hertz 24/7 car sharing
business in international markets and sells vehicles through Hertz
Car Sales. For more information about The Hertz Corporation,
visit www.hertz.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this release include
"forward-looking statements" within the meaning of applicable
securities laws and regulations. These statements often include
words such as "believe," "expect," "project," "potential,"
"anticipate," "intend," "plan," "estimate," "seek," "will," "may,"
"would," "should," "could," "forecasts" or similar expressions.
These statements are based on the Hertz's current views with
respect to future events and the timing of the tender offer. These
forward-looking statements are subject to a number of risks and
uncertainties including prevailing market conditions, as well as
other factors. Forward-looking statements represent Hertz's
estimates and assumptions only as of the date that they were made,
and, except as required by law, Hertz undertakes no obligation to
update or revise publicly any forward-looking statements, whether
as a result of new information, future events or otherwise.
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SOURCE Hertz Global Holdings, Inc.