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The catastrophic tenure of Stephen Scherr as CEO of Hertz has come to an end, with the announcement that he is stepping down after just two years in the position. A confluence of business, environmental, cultural, and management pathologies came together under his leadership, leaving a bloodbath of red ink, a crashing stock price, and a growing number of dissatisfied customers.

At the center of the Hertz debacle was its poorly thought-out commitment to electric vehicles. With Scherr at the helm, Hertz acquired 60,000 EVs, with a goal of putting over 300,000 into service. A CEO who understood his product and his customers would have understood what a calamitous mistake Hertz was making. Mr. Scherr, however, was not such a CEO. Customers didn’t want to rent the EVs, counter agents struggled to lease them, and make-ready crews struggled to keep them charged and road-ready.

[Source.](https://the-pipeline.org/hertz-no-longer-no-1-for-a-good-reason/) > The catastrophic tenure of Stephen Scherr as CEO of Hertz has come to an end, with the announcement that he is stepping down after just two years in the position. A confluence of business, environmental, cultural, and management pathologies came together under his leadership, leaving a bloodbath of red ink, a crashing stock price, and a growing number of dissatisfied customers. > At the center of the Hertz debacle was its poorly thought-out commitment to electric vehicles. With Scherr at the helm, Hertz acquired 60,000 EVs, with a goal of putting over 300,000 into service. A CEO who understood his product and his customers would have understood what a calamitous mistake Hertz was making. Mr. Scherr, however, was not such a CEO. Customers didn’t want to rent the EVs, counter agents struggled to lease them, and make-ready crews struggled to keep them charged and road-ready.

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[–] • 2 pts

I'm blacklisted by Hertz and don't even give a damn.

A few years ago, a fly-by-night rental car company in Las Vegas told me that since (NC (my home state)) was a no-fault accident state, it was mandatory that I get the $20/day (or whatever) extra insurance on the car. I told them NC was not a n-fault but he wouldn't listen. The charge was added to my bill. When I got back to NC, I checked with my agent, found out that I was correct, and contested the bill with my credit card. Bottom line, I was right and the charge was negated. The fly-by-night's owner (Hertz, big surprise) tried to re-collect and I told them to pound sand. Now I can't rent from Hertz companies.

C'est la vie

[–] • 0 pt

Now I can't rent from Hertz companies.

Your story is not an uncommon one, from what I've heard. I have a few friends who work there, and even more who left. The stories they tell make one wonder how the company hasn't gone back into bankruptcy.