Hertz Global Holdings, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Hertz Global Holdings, Inc. will hold its 2024 Annual Meeting virtually on May 22, 2024, with proxy materials available online.</b>

AI Summary

HERTZ GLOBAL HOLDINGS, INC (HTZWW) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. The 2024 Annual Meeting of Stockholders for Hertz Global Holdings, Inc. will be held virtually on May 22, 2024, at 1:00 PM Eastern Time. Stockholders can participate, vote electronically, and submit questions by visiting www.virtualshareholdermeeting.com/HTZ2024. Proxy materials, including the Notice of 2024 Annual Meeting, Proxy Statement, and Annual Report for fiscal year ended December 31, 2023, are available online at www.proxyvote.com. The company began making proxy materials available on or about April 9, 2024. A Notice of Internet Availability of Proxy Materials will be sent to stockholders, with paper copies available upon specific request.

Why It Matters

For investors and stakeholders tracking HERTZ GLOBAL HOLDINGS, INC, this filing contains several important signals. The virtual format allows for broad participation and cost-effectiveness, indicating a focus on shareholder engagement and operational efficiency. The availability of proxy materials online and the option to request paper copies reflect a commitment to transparency and accessibility for stockholders.

Risk Assessment

Risk Level: low — HERTZ GLOBAL HOLDINGS, INC shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes disclosed.

Analyst Insight

Stockholders should review the proxy materials and vote their shares for the upcoming annual meeting to ensure their voice is heard on corporate matters.

Key Numbers

• 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)
• May 22 — Meeting Date (Wednesday, May 22, 2024)
• 1:00 PM — Meeting Time (1:00 PM (Eastern Time))
• 2023 — Fiscal Year End (Fiscal year ended December 31, 2023)

Key Players & Entities

• HERTZ GLOBAL HOLDINGS, INC. (company) — Registrant and Filer
• Wayne “Gil” West (person) — Chief Executive Officer
• May 22, 2024 (date) — Date of 2024 Annual Meeting
• April 9, 2024 (date) — Date proxy materials became available
• www.virtualshareholdermeeting.com/HTZ2024 (url) — Link to virtual annual meeting
• www.proxyvote.com (url) — Link to proxy materials

FAQ

Industry Context

Hertz Global Holdings, Inc. operates in the auto rental and leasing industry. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

This filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the proxy statement and annual report for detailed information on proposals and executive compensation.
2. Vote your shares electronically or by mail before the annual meeting on May 22, 2024.
3. Participate in the virtual annual meeting to ask questions and engage with management.

Key Dates

• 2024-05-22: 2024 Annual Meeting of Stockholders — Key date for stockholder participation and voting.
• 2024-04-09: Proxy Materials Availability Date — Date when proxy materials were first made accessible to stockholders.

Year-Over-Year Comparison

This is the initial filing for the 2024 Annual Meeting of Stockholders, providing details on the upcoming event and access to proxy materials.

Filing Documents

• tm242941d2_def14a.htm (DEF 14A) — 1927KB
• lg_hertz-4c.jpg (GRAPHIC) — 19KB
• sg_waynegilwest-bw.jpg (GRAPHIC) — 14KB
• sg_colleenbatcheler-bw.jpg (GRAPHIC) — 6KB
• lg_hertzyellow-4clr.jpg (GRAPHIC) — 3KB
• tb_keystatis-pn.jpg (GRAPHIC) — 51KB
• ic_yellowtick-4c.jpg (GRAPHIC) — 2KB
• ic_tick-bw.jpg (GRAPHIC) — 2KB
• ic_cross-bw.jpg (GRAPHIC) — 2KB
• px_24hertzproxy1pg1-bw.jpg (GRAPHIC) — 237KB
• px_24hertzproxy1pg2-bw.jpg (GRAPHIC) — 266KB
• 0001104659-24-044996.txt (&nbsp;) — 4284KB
• htz-20231231.xsd (EX-101.SCH) — 8KB
• htz-20231231_def.xml (EX-101.DEF) — 7KB
• htz-20231231_lab.xml (EX-101.LAB) — 23KB
• htz-20231231_pre.xml (EX-101.PRE) — 9KB
• tm242941d2_def14a_htm.xml (XML) — 193KB

Executive Compensation Matters

Executive Compensation Matters 27 PROPOSAL 3: Approval, on an Advisory Basis, of Named Executive Officer Compensation 27 Compensation Discussion and Analysis 28 Compensation Committee Report 49 2023 Summary Compensation Table 50 2023 Grants of Plan-Based Awards 52 Outstanding Equity Awards at 2023 Fiscal Year-End 54 2023 Option Exercises and Stock Vested 56 Potential Payments Upon Termination or Change in Control 57 CEO Pay Ratio 61 Pay Versus Performance Disclosure 62 Beneficial Ownership of Our Common Stock 65 Equity Compensation Plan Information 67 Information About the 2024 Annual Meeting 68 Annex A — Non-GAAP Measures 73 i TABLE OF CONTENTS PROXY STATEMENT We are providing the enclosed proxy materials in connection with the solicitation by the Board of Directors of Hertz Global Holdings, Inc. ("Hertz" or the "company") of proxies to be voted at the 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"). OUR COMPANY Hertz Global Holdings, Inc. (Nasdaq: HTZ), through its subsidiaries and with the benefit of the work of its franchisees, operates the Hertz , Dollar , Thrifty and Firefly vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. We are one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized rental car brands globally. For more than a century, we have been committed to providing a fast and seamless travel experience for the millions of customers we serve. As we continue to meet our customers' evolving needs and preferences, we are dedicated to being an essential part of the modern mobility ecosystem. At the heart of our company is our people. We believe that to continue to evolve as a business, and achieve our strategic goals, we must attract and retain the right talent. We therefore strive to have a constant focus on, and remain atten

View Full Filing

View this DEF 14A filing on SEC EDGAR