BOSTON Aug 21 Hertz Global Holdings Inc.
investor Fir Tree Partners on Thursday stepped up its
calls for the car rental company to replace its chief executive,
saying that the current CEO Mark Frissora "has completely lost
"It's clearly time to move past denial and swiftly to
install great leadership for a great company like Hertz," Fir
Tree said in a statement issued on Thursday.
The company this week said its 2014 results will miss
forecasts because of automaker recalls and accounting problems.
A spokeswoman for Hertz did not immediately respond to a
request for comment.
(Reporting by Svea Herbst-Bayliss; Editing by James Dalgleish)