Maryann Keller, Principal of MK&A, was quoted in Bloomberg on Hertz’s rapid drop in market capitalization: “The company was dysfunctional under previous management. It chose a CEO who has no experience in the rental industry. They were bound to stumble.” Maryann is a former board member of Dollar Thrifty Automotive Group Inc.(sold to Hertz in 2013).
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Icahn Doubles Down on Hertz as Missed Earnings Punish Stock
Photo Credit: Bloomberg.