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Monday, April 22, 2024

Hertz’s CEO Bet Big on Tesla. Now He’s Out of a Job

There’s a lesson here every leader should learn. On Friday, Hertz announced that its CEO, Stephen Scherr, would step down after he led what turned out to be a painful push into electric vehicles (EVs). Scherr joined Hertz in 2021, after serving as Chief Financial Officer at Goldman Sachs. One of his …

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