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Hertz Names a Former Ford CEO as Interim CEO

Shares of Hertz Global on Tuesday were up by as much as 13.3% after the car rental company named former Ford CEO Mark Fields as its interim chief executive officer.

Fields, who led Ford from 2014 to 2017, joined the Hertz board of directors in June. He is a senior advisor to TPG Capital and a CNBC contributor.

Hertz said Fields succeeds Paul Stone, who is becoming president and chief operations officer.

Read the source article at cnbc.com

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