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Tom Kennedy new Hertz CFO

Staff writer | Park Ridge, N.J., USA | December 3, 2013
HertzDecember 3, 2013, Park Ridge, N.J., USA - The Hertz Corporation announced that Thomas C. Kennedy has been appointed senior executive vice president and chief financial officer, effective December 9, 2013.
Mr. Kennedy has been serving as Executive Vice President and Chief Financial Officer of Hilton Worldwide, Inc. since 2008. From 2003 through 2007, Mr. Kennedy served as Executive Vice President and Chief Financial Officer for the Vanguard Car Rental Group (National Car Rental and Alamo Rent-A-Car brands).

He was part of the senior leadership team which engineered the transformation and ultimate sale of Vanguard's European business to Eurazeo and the sale of the North American business to Enterprise Rent-a-Car.

From 1992 through 2003, Mr. Kennedy worked for Northwest Airlines, Inc. in numerous roles with increasing management responsibility, primarily in the company's financial areas, including serving two years as the financial controller for Asia based in Tokyo, Japan. Mr. Kennedy was Senior Vice President and Controller when he left Northwest for Vanguard in 2003.

He holds a BA degree in Economics, summa cum laude, from Tulane University and an MBA from Harvard University.

David J. Rosenberg, who has been serving as interim Chief Financial Officer since October 1, 2013, will assist Mr. Kennedy during a transition period, before taking on another senior role in the Company's Finance area.