September 30, 2020

Southwest Florida Roundup

Estero-based Hertz filed for Chapter 11 bankruptcy

Art Levy | 6/25/2020

Estero-based Hertz, which moved its headquarters to Florida six years ago on the promise of more than $12 million in state incentives, filed for Chapter 11 bankruptcy in late May — shortly after CEO Kathryn Marinello resigned — amid financial losses the rental car firm attributed to the coronavirus pandemic.

Paul Stone, previously the company’s executive vice president and chief retail operations officer for North America, replaced Marinello.

This story also features expert opinions, business briefs and people in the news: Moffitt Cancer Center; Marie Selby Botanical Gardens; Tampa Bay Water; Dominium

 

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Florida Business News

Florida Trend Video Pick

Tampa Bay Lightning fans celebrate Stanley Cup win at Amalie Arena
Tampa Bay Lightning fans celebrate Stanley Cup win at Amalie Arena

The Stanley Cup is coming back to Tampa Bay for the second time in franchise history and fans were at Amalie Arena and Thunder Alley to celebrate their team's win in game 6 against the Dallas Stars.

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