Hertz Names Goldman Ex-Finance Chief Stephen Scherr as CEO (2)

Hertz Global Holdings Inc. tapped former Goldman Sachs Group Inc. finance chief Stephen Scherr to lead the car-rental company from bankruptcy and into the digital and electric-vehicle era.

Scherr will take over as chief executive officer from Mark Fields, who has been serving as interim CEO for the past four months, Hertz said in a statement Friday. Scherr, who will assume his role at the end of February, spent three decades at Goldman, departing as finance chief at the end of last year. Fields, a former Ford Motor Co. CEO, will remain on Hertz’s board.

Stephen Scherr at conference in Germany in 2019

Photographer: Bloomberg/Bloomberg

Hertz rose 0.5% ...