24.11.2014

Hertz appoints new CEO

Hertz has appointed John Tague as its chief executive, after a search for a replacement for Mark Frissora

Tague takes over from Hertz Equipment Rental chief executive, Brian MacDonald who was appointed on an interim basis following the departure of Frissora – see:Hertz CEO steps down.

Prior to joining Hertz, Tague was chief financial officer at transportation provider Greatwide Logistics Services where he also served as the chairman of Cardinal Logistics Holdings. As well as spending time with Choice Hotels International and Reddy Ice, Tague also spent eight years at United Airlines and UAL Corporation, where he served as president of United Airlines and executive vice president of UAL until United’s merger with Continental Airlines in 2010. Prior to United Airlines he also worked, as chief executive of ATA Airlines.
Please register to see all images

John Tague

Hertz director Linda Fayne Levinson said: "John is a leader whose record shows a relentless focus on execution and high performance, having driven the successful turnaround of other large, complex consumer facing companies such as United Airlines. We were looking for a world class global leader who knows the travel industry and its players, has an intimate understanding of the revenue optimisation equation, drives operational excellence, has driven turnarounds, is a superb people leader, and most of all, understands how to create shareholder value. In John we have found that leader."

Tague added: "I am honoured to have been selected to lead Hertz to its full potential at a time of unprecedented opportunity for the Company and industry. I look forward to partnering with Hertz employees as we work to earn sustained industry leadership for the benefit of our shareholders, customers and team."