Hertz CEO Gil West Backs Bill Ackman’s Investment Amid Company’s Turnaround
Hertz Global CEO Gil West expressed confidence and enthusiasm about prominent investor Bill Ackman taking a significant position in the rental car company. Ackman’s Pershing Square Capital Management has built a 19.8% stake in Hertz, becoming its second-largest shareholder. West described Ackman’s investment as a “significant” endorsement of Hertz’s progress and strategy. The CEO acknowledged … Read more