Stephen Scherr, the former Goldman Sachs chief financial officer, has already put a stake in the ground with a new order for 65,000 electric cars from Sweden's Polestar. But can he help fix Hertz so soon after its exit from bankruptcy?
Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.
Mondee's highly tactical deal taps into Arthur J. Gallagher & Co's sprawling network of small businesses and associations, which could drive subscriptions for its TripPlanet platform.
Hertz's next CEO has his work cut out for him in remaking the company. The car rental firm's transformation plan sounds good on paper, but it will be up to Stephen Scherr to turn vision into reality.
Ahead of going public, Amex GBT has provided a compelling argument for growth in its 53-page document, with a string of acquisitions and partnerships already under its belt. But does its enormous size now line it up for success, or weigh it down?