| CEO Name | Stephen M. Scherr |
| Nationality | United States |
| Net Worth Estimation | $60 million |
Stephen M. Scherr's estimated net worth of around $60 million reflects accumulated compensation from executive roles at Goldman Sachs and Hertz, including bonuses, salary, and substantial stock holdings. His financial profile is publicly shaped by SEC filings, equity awards, and performance incentives linked to both companies' market valuations.
Stephen M. Scherr, CEO of Hertz Global Holdings, has an estimated net worth of $60,000,000, which falls within the travel business category's typical CEO range of $10,000,000 to $70,000,000. His net worth represents approximately 85.7% of the maximum estimated net worth for CEOs in this sector.
Business Category: Travel
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 70000000 USD
Stephen M. Scherr Performance in Hertz Global Holdings
Stephen M. Scherr, CEO of Hertz Global Holdings, demonstrates decisive leadership by implementing strategic initiatives that streamline operations and drive growth. His data-driven decision-making focuses on optimizing fleet management and digital transformation, enhancing customer experience and operational efficiency. Under Scherr's leadership, Hertz has shown improved financial performance and increased market competitiveness, solidifying its position in the car rental industry.
Latest News
Hertz Global Holdings Reports Record Utilization and Profitability Under CEO Gil West
Hertz posted $2.5 billion in Q3 2025 revenue, $184 million net income, and its highest vehicle utilization since 2018, led by CEO Gil West's operational focus and customer experience improvements. The company also achieved a nearly 50% year-over-year increase in North America Net Promoter Score, reflecting strong customer service gains.
Source: http://www.businesswire.com/news/home/20251031066647/en/Hertz-Transformation-Drives-Record-Utilization-and-Return-to-EPS-Profitability