Bloomberg: Robert Rostan in Hertz Runs Into Cash Crunch After Years of Management Tumult
https://www.bloomberg.com/news/articles/2020-05-21/hertz-runs-into-cash-crunch-after-years-of-management-tumult?sref=Oe6GluQB
By
Esha Dey
May 21, 2020, 5:00 AM EDT
Less than three months ago, Hertz Global Holdings Inc. executives were touting a solid fourth-quarter performance and saying they’re entering 2020 in a strong position.
Today, they’re managing a crisis that has the company on the brink of bankruptcy, saddled with almost $21 billion of debt and...