Hertz appoints Ned Ryan as Director of Product Development

ESTERO, Florida., April 27, 2022 /PRNewswire/ — Hertz HTZ today announced that Ned Ryan will join the company as Director of Product Development, May 9. Ryan will oversee efforts to deliver connected products and technologies to enhance the customer experience as Hertz assumes an expanded role in the modern mobility ecosystem.

“Our ambition to be a leader as a mobility company is driven by our commitment to investing in technology and innovation, and Ned is the ideal leader to drive forward our digital ambitions for Hertz’s next chapter,” said the CEO of Hertz. Stephen Scher. “Ned has a reputation for innovation, having been the founder and CEO of several startups, including two successful companies in the mobility industry and most recently at Ford. Ned will work closely with Tim Langley-Hawthorneour Chief Information Officer, and a growing team of engineers to develop world-class technology solutions that position Hertz as a key player in the travel and automotive industry. »

Ryan is an entrepreneur, passionate about building mobility-first products and teams. In 2013, he launched Breeze, the first flexible ridesharing financing platform, which was purchased by Ford in 2016. He also founded Canvas, a vehicle subscription service which was purchased by Fair.com in late 2019. Ryan most recently served in a leadership position at Ford where he worked on new digitally connected mobility ventures.

“I am extremely excited to join the Hertz team at an important time in the company’s history,” said Ryan. “I look forward to creating world-class products for our customers and partners and can’t wait to get started.”

About Hertz

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands in North America, Europe, the Caribbean, Latin America, Africa, the Middle East, in Asia, Australia and New Zealand. Hertz Corporation is one of the largest car rental companies in the world and the Hertz brand is one of the most recognized in the world. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and the 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.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

Certain statements 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”. , “want”, “may”, “will”, “should”, “could”, “expect” or similar expressions. These statements are based on Hertz’s current beliefs regarding future events and the timing of the offer. These forward-looking statements are subject to a number of risks and uncertainties, including prevailing market conditions and other factors. Forward-looking statements represent Hertz’s estimates and assumptions. only as of the date on which they were made and, except as required by law, Hertz undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or others.

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SOURCEHertz Global Holdings, Inc.

Gary C. Lisi