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About Scherr: "One former colleague said he had off-the-charts “EQ and IQ.” "Scherr didn’t want to give up his New York existence and move to Florida, where H
by josefresco 3y ago
About Scherr:
"One former colleague said he had off-the-charts “EQ and IQ.”
"Scherr didn’t want to give up his New York existence and move to Florida, where Hertz was based, and the board agreed that was fine"
About West:
"In December, GM dismissed him along with eight other executives in the struggling unit"
About O'Hara:
"The warnings Wagner and O’Hara had brushed off were proving all too prescient."
"Meanwhile, little of the $150 million in profit O’Hara forecast from rentals through Amex GBT had materialized, and O’Hara himself had moved to Italy"
What a joke these men are.
Mark Cuban often says on Shark Tank that every billionaire is just incredibly lucky and that luck doesn't translate to knowledge in another field. Yet year after year people give these "smart" men (mostly investment bankers) the reins of failing companies that fail even harder under their watch and they just golden parachute their way to another grift.
And the two "successes"? No numbers of course, just vague statements like this:
"Uber drivers have put more than 1 billion miles on EVs rented from Hertz. Carvana has helped the company recover more value from used vehicles."