Hertz’s ex-CEO will repay $2M over misstatements in 2013

Former Hertz Chairman and CEO Mark Frissora — Former Hertz Chairman and CEO Mark Frissora. (BLOOMBERG/Photographer: Ethan Miller/Getty)

GM

By:

GREGORY MOTT

B

By:

Bloomberg

|

August 14, 2020 12:44 PM

Mark Frissora, the former chairman and CEO of Hertz Global Holdings Inc., will return nearly $2 million in incentive-based compensation to settle a U.S. regulator’s claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.

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