May 19, 2022

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

 

Want to read the whole article?
Select from the following options:

Tags: Southwest, Feature

 

Florida Business News

Florida Trend Video Pick

How Tampa Bay became Air Base City - MacDill Air Force Base History Series
How Tampa Bay became Air Base City - MacDill Air Force Base History Series

There were so many military planes flying over Tampa Bay in the 1940s, the area earned the nickname Air Base City. The MacDill Air Force Base History Series gives us a look at how Tampa Bay's military history shaped the region.
 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

If Ron DeSantis ran for President in the 2024 elections, would you vote for him?

  • Yes
  • No
  • Unsure
  • Other (Please share your comments in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2022 Trend Magazines Inc. All rights reserved.