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Executive Officers
Biography PhotoMark P. Frissora
Chairman of the Board and Chief Executive Officer

Mark P. Frissora is Chairman and CEO of Hertz Global Holdings, Inc., the $9.0 billion global car and equipment rental leader, which includes the Dollar and Thrifty Car rental brands that Hertz acquired in 2012. Hertz has over 41,000 employees and operates from approximately 10,400 car rental locations in 150 countries. Prior to joining Hertz in July 2006, Mr. Frissora led Tenneco, Inc., the $7.4 billion global supplier of automotive emission control and ride control products, where he served as Chairman and Chief Executive Officer from 2000 to 2006. He has 35 years of experience in consumer and automotive-related businesses, previously holding positions of increasing responsibility at Tenneco, Aeroquip-Vickers Corporation, Philips NV and General Electric Co.

Under Mr. Frissora’s leadership, Hertz has committed to becoming the industry leader in technology, efficiency, and sustainability. At Mr. Frissora’s direction, the company created the “Hertz Living Journey” sustainability program, which aims to increase sustainable mobility options, minimize the environmental footprint of the company through efficiency improvements and best practices, and provide community benefits with philanthropic and volunteer efforts. Since joining Hertz, Mr. Frissora has orchestrated an intense focus on customer and employee satisfaction; Hertz’s customer satisfaction numbers are at an all-time high and employee satisfaction results continue to improve every year.

In 2013, Hertz was named one of Forbes’ Global 100 Most Reputable Companies and the Oklahoma Business Ethics Consortium honored Hertz for maintaining a gold standard in ethical behavior. In 2012, Hertz earned over 50 industry “Best of” awards, including Zagat’s Best Overall Car Rental Company, and awards in 14 additional categories including Popularity and Service. In 2011, Hertz was named #5 Top Employer by Diversity Employers Magazine and was listed among the select Diversity Employers of Choice by Best Jobs USA.

Click for full Mark P. Frissora bio.



Biography PhotoTom Kennedy
Senior Executive Vice President and Chief Financial Officer

Tom Kennedy is the Chief Financial Officer, The Hertz Corporation. He is based out of Naples, Florida.

As Senior Executive Vice President and Chief Financial Officer, Tom is responsible for all aspects of financial management encompassing treasury, tax, risk management, accounting, financial reporting, business planning, corporate development, and corporate policies and procedures.

A seasoned, successful CFO with extensive travel industry experience, Tom has served as Executive Vice President and Chief Financial Officer of Hilton Worldwide, Inc. In this capacity, he was instrumental in driving the transformation of Hilton including balance sheet restructuring and deleveraging initiatives, financial planning and forecasting process improvements, and companywide efficiency programs, all leading to significant shareholder value creation. Prior to joining Hilton, Tom was Executive Vice President and Chief Financial Officer for the Vanguard Car Rental Group (National Car Rental and Alamo Rent-A-Car brands) and was part of the senior leadership team which engineered the transformation and ultimate sale of Vanguard’s European business to Eurazeo and the sale of the North American business to Enterprise Rent-a-Car. Previously, Mr. Kennedy worked for Northwest Airlines, Inc. in numerous roles with increasing management responsibility, primarily in the company’s financial areas, including serving two years as the financial controller for Asia based in Tokyo, Japan.

Tom holds a BA degree in Economics, summa cum laude, from Tulane University and an MBA from Harvard University.



Biography PhotoScott  Sider
Group President, Rent A Car Americas

Mr. Sider has served as the Group President, Rent A Car Americas of Hertz and Hertz Holdings since January 2010. Mr. Sider also oversees the fleet planning and re-marketing functions for the Americas since December 2010. Mr. Sider has held several senior management positions in the U.S. car rental business since 1983, including Manhattan Area Manager, Vice President of the New England, West Central and Western Regions and, since 2008, Vice President and President, Off-Airport Operations for North America.



Biography PhotoMichel Taride
Group President, Rent A Car International

Mr. Taride has served as the Group President, Rent A Car International since January 2010. Mr. Taride has served as the Executive Vice President and President, Hertz Europe Limited, of Hertz since January 2004 and as Executive Vice President and President, Hertz Europe Limited, of Hertz Holdings since June 2006 until December 2009. From January 2003 until December 2003, he served as Vice President and President, Hertz Europe Limited. From April 2000 until December 2002, he served as Vice President and General Manager, Rent A Car, Hertz Europe Limited. From July 1998 to March 2000, he was General Manager, Rent A Car France and HERC Europe. Previously, he served in various other operating positions in Europe from 1980 to 1983 and from 1985 to 1998.



Biography PhotoLois Boyd
Group President, Hertz Equipment Rental Corporation

Ms. Boyd has served as the Group President, Hertz Equipment Rental Corporation since April 2011. From March 2010 until April 2011, she served as the Senior Vice President, Advantage Rent A Car. From November of 2007 until February of 2010, she served as Senior Vice President of Process Improvement and Project Management of Hertz Holdings and Hertz. Prior to joining Hertz Holdings and Hertz, Ms. Boyd served in a variety of senior leadership roles at Tenneco Inc. from April 1997 to November 2007, including Vice President and General Manager of Global Commercial Vehicle Systems and Specialty Markets, and Vice President, Global Program Management.



Biography PhotoLeighAnne Baker
Executive Vice President and Chief Human Resources Officer

Ms. Baker has served as the Executive Vice President and Chief Human Resources Officer of Hertz Holdings and Hertz since April 2007. Prior to joining Hertz Holdings and Hertz, Ms. Baker served as Senior Vice President, Global Human Resources for The Reynolds & Reynolds Company from September 2005 through March 2007. Prior to joining Reynolds & Reynolds, she served as Director of Human Resources, Global Automotive Business, and in various strategic human resources and operational roles for The Timken Company from June 1981 through August 2005.



Biography PhotoRichard Broome
Executive Vice President, Corporate Affairs and Communications

Mr. Broome has served as the Executive Vice President, Corporate Affairs and Communications of Hertz Holdings and Hertz since March 2008. Previously, Mr. Broome served as Vice President, Corporate Affairs and Communications of Hertz Holdings and Hertz from August 2000 to March 2008. From March 1996 to August 2000, Mr. Broome served as Vice President, Government Affairs and Communications for Selective Insurance Company, Inc. and from January 1987 to March 1996 as Counsel, Legal Affairs, of Aetna Life and Casualty. Prior to that, Mr. Broome served in government affairs roles for The Travelers Insurance Group and the Connecticut Business and Industry Association.



Biography PhotoDavid Trimm
Executive Vice President and Chief Information Officer

Mr. Trimm joined Hertz in 2001 having previously worked for Hilton International as Global Systems Development Director, and having held management positions within Coca Cola, Clarks Shoes and a brief period with his own company. He has worked in various positions at Hertz including as VP Business Systems for Hertz Europe Ltd, Business Systems Director for Hertz Lease Europe, and as VP for Rent-a-Car IT Systems where he had responsibility for global applications including hertz.com. Since August 2012 Mr. Trimm held the position of Senior VP Business Transformation Projects which included the global redesign of the Hertz brand. He was promoted to Executive Vice President and CIO effective November 1, 2013 and is now responsible for Hertz information technology and business systems globally. He is based in Park Ridge, NJ, is a graduate of Imperial College, London with a Masters degree in Engineering and is an associate of the City of Guilds of London Institute.



Biography PhotoJatindar Kapur
Senior Vice President, Finance and Corporate Controller

Mr. Kapur has served as Senior Vice President, Finance and Controller of Hertz Holdings and Hertz since April 2008. Mr. Kapur has held several senior level Finance, Controller and Business Planning positions during his 20 year career at Hertz Holdings and Hertz and, most recently, he has served as Staff Vice President, Business and Strategic Planning. Mr. Kapur joined Hertz in 1988 and, prior to his most recent position, he served for seven years as Vice President and Chief Financial Officer for Hertz Europe Limited, responsible for both car and equipment rental. He also served two years as Corporate Controller in Europe. Prior to his service in Europe, Mr. Kapur held various financial management positions in the North American vehicle rental business. Prior to joining Hertz, he spent eight years in the financial sector, most recently with Coopers & Lybrand.



Biography PhotoRobert J. Stuart
Executive Vice President, Global Sales and Marketing

Bob  Stuart  is  the Executive Vice President of Global Sales and Marketing for The Hertz Corporation.  Mr. Stuart joined Hertz in December 2007 and is based out of Naples, FL.

Mr.  Stuart  overseas  worldwide  sales  programs for business, leisure and travel  industry  outlets  as  well as partnership sales including airline, hotel  and  online  partnerships  for  car  rental brands Hertz, Dollar and Thrifty.   He  is  also  responsible  for  worldwide  marketing  functions, including  branding  and  innovation,  partnership  marketing  and customer relationship  management.   His  responsibility extends to Hertz on Demand, the  company’s  hourly  car-sharing product, as well as Sales and Marketing for  Hertz  Equipment  Rental,  one of the world’s largest equipment rental companies, and Donlen, a Hertz subsidiary focusing on fleet management.

Mr.  Stuart  came  to Hertz from GE where he served in various senior level Sales  and  Marketing  positions  that  touched all major consumer segments ranging from retail to large commercial accounts. Mr. Stuart last served as General  Manager,  Consumer Lighting and Electrical Distribution Sales, and before  that, as General Manager of Consumer Marketing and General Manager, Business  Development Sales and Marketing for GE’s lighting business. Prior to joining GE in 2000, Mr. Stuart held senior Sales and Marketing positions at Halex and Philips Lighting Companies.

Mr.  Stuart  holds  a  Bachelor’s  degree  in  Business Administration from Cleveland State University.



Biography PhotoJeffrey Zimmerman
Executive Vice President, General Counsel and Secretary

Mr. Zimmerman has served as the Executive Vice President, General Counsel and Secretary of Hertz Holdings and Hertz since December 2007. Mr. Zimmerman also oversees the Real Estate and Concessions function since December 2010. Prior to joining Hertz Holdings and Hertz, Mr. Zimmerman served Tenneco Inc. in various positions from January 2000 through November 2007, most recently as Vice President, Law. Prior to joining Tenneco, Mr. Zimmerman was engaged in the private practice of law from August 1984 to December 1999, most recently as a partner in the law firm of Jenner & Block.



Biography PhotoTom Callahan
President, Donlen Corporation

Tom Callahan has served as the President of Donlen Corporation since January 2013. Mr. Callahan succeeds Gary Rappeport, the former CEO of Donlen, who retired on December 31, 2012, as the principal executive officer of Donlen. Mr. Callahan served, in addition to President of Donlen, as Chief Operating Officer of Donlen since September 2008. Prior to being named Chief Operating Officer, Mr. Callahan served as Executive Vice President and Senior Vice President of various aspects of operations at Donlen since 2006. Before Donlen, Mr. Callahan held various senior level sales and marketing positions with GE Capital from 1987 to 2006, including Managing Director of Sales Finance in London, President and Managing Director at GE Fleet Services in Melbourne and Chief Commercial Officer of GE Fleet Services in Tokyo. Previous to GE Capital, Mr. Callahan worked in various sales and management roles with the Ford Motor Company.



Biography PhotoScott Massengill
Senior Vice President and Treasurer

Mr. Massengill has served as Senior Vice President and Treasurer of Hertz Holdings and Hertz since July 2008. Prior to joining Hertz Holdings and Hertz, Mr. Massengill served as Chief Financial Officer for the $2 billion domestic residential heating and air conditioning business division of Trane Inc. (formerly American Standard Companies Inc.) from 2005 to 2008. Prior to that, he was Vice President and Treasurer at American Standard from 2001 to 2005. Mr. Massengill has also held management level financial positions at Bristol‑Myers Squibb, AlliedSignal and Exxon.



Biography PhotoTodd Poste
Executive Vice President, Supply Chain and Fleet

Mr. Poste has served as Exec Vice President, Supply Chain and Fleet of Hertz Holdings and Hertz since March 2010. Prior to joining Hertz Holdings and Hertz, Mr. Poste served as Vice President, Integrated Supply Chain for Ingersoll Rand, Inc., Compressor Manufacturing from November 2008 through January 2010 and Vice President of Supply Chain from April 2006 through November 2008. Prior to Ingersoll Rand's acquisition of Trane Inc., Mr. Poste held a number of increasing responsibilities at Trane Inc. from October 2000 through 2006. Mr. Poste has also worked for Honeywell for seven years through 1993 to 2000, Englehard Corp. from 1991 through 1993 and Chrysler Canada Ltd. from 1986 through 2001.



Biography PhotoDarren Arrington
Senior Vice President, North America Fleet Management

Mr. Arrington has served as Senior Vice President, North America Fleet Management of Hertz Holdings and Hertz since October 2013. Mr. Arrington joined Dollar Thrifty Automotive Group in 2000, which was acquired by The Hertz Corporation in 2012. He began in Revenue Management with Dollar Thrifty before moving into the Fleet department in 2007 as the company centralized fleet planning, coinciding with pricing centralization. In 2011, Mr. Arrington was promoted to Staff Vice President of Fleet. His background in Revenue Management and his subsequent transition into Fleet helped establish a high degree of interaction between the demand side of the business with the fleet planning aspects. In 2013, following Hertz’s acquisition of Dollar Thrifty, Mr. Arrington took over the company’s pricing function as Vice President of Revenue Management, North America. Later in 2013, he stepped back into the Fleet function with his current role as Senior Vice President, North America Fleet Management where he has responsibilities for Fleet Planning, Fleet Procurement and Car Sales.



Biography PhotoJoe Colavecchia
Senior Vice President, Revenue Management and Pricing Processes

Mr. Colavecchia has served as Senior Vice President, Revenue Management and Pricing Processes of Hertz Holdings and Hertz since October 2013. He began his career in the car rental industry with Enterprise as a location manager in 1993. In 1996, Mr. Colavecchia joined Dollar Thrifty Automotive Group as an auditor, which was acquired by The Hertz Corporation in 2012. He later became a controller with Dollar Thrifty on the west coast before moving to the Tulsa corporate offices in 2008 to join the Revenue Management department. In 2011, he was promoted to Staff Vice President of Revenue Management. In 2013, following Hertz’s acquisition of Dollar Thrifty, Mr. Colavecchia was named Vice President, Global Revenue Management Processes and Systems, and later that year took on his current role where he oversees the Pricing/Revenue Management function for the company and each of its brands.




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Disclaimer

ADDITIONAL INFORMATION

This communication relates to the offer (the "Offer") by HDTMS, Inc. ("HDTMS"), a wholly owned subsidiary of Hertz, to exchange each issued and outstanding share of common stock (including the associated preferred stock purchase rights) of Dollar Thrifty for $57.60 in cash and 0.8546 shares of Hertz common stock. The Offer is scheduled to expire at 12:00 midnight, New York City time, on November 1, 2011, unless further extended by HDTMS. Any extension of the expiration date will be made by public announcement no later than 9:00 a.m., New York City time, on the first business day after the previously scheduled expiration date. This communication is for informational purposes only and does not constitute an offer to exchange, or a solicitation of an offer to exchange, shares of Dollar Thrifty common stock, nor is it a substitute for the Tender Offer Statement on Schedule TO or the Prospectus/Offer to Exchange included in the Registration Statement on Form S-4 (Reg. No. 333-174042) (collectively, with the accompanying Letter of Transmittal and related documents and as amended from time to time, the "Exchange Offer Documents") filed by Hertz with the Securities and Exchange Commission (the "SEC"). The SEC declared the Registration Statement related to the Offer effective on June 1, 2011. The Offer is made only through the Exchange Offer Documents.

Security holders and investors may obtain any of the foregoing documents for free by visiting EDGAR on the SEC website at www.sec.gov or by calling Innisfree M&A Incorporated toll-free at (877) 456-3507. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THESE DOCUMENTS AND OTHER RELEVANT MATERIALS AS THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.

FORWARD-LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. These statements are based on the current expectations and beliefs of Hertz and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the possibility that (1) Hertz may be unable to obtain regulatory approvals required for the Offer or may be required to accept conditions that could reduce the anticipated benefits of the Offer as a condition to obtaining regulatory approvals; (2) Dollar Thrifty stockholders may not tender a sufficient number of shares into the Offer or Hertz may otherwise be unable to consummate the Offer; (3) the length of time necessary to consummate the Offer may be longer than anticipated; (4) problems may arise in successfully integrating the businesses of Hertz and Dollar Thrifty and Hertz may not realize the anticipated synergies and other benefits following the Offer; (5) the Offer may involve unexpected costs; (6) the Hertz and Dollar Thrifty businesses may suffer as a result of uncertainty surrounding the Offer; and (7) Hertz and/or Dollar Thrifty may be adversely affected by the other risks described in the SEC reports of Hertz and Dollar Thrifty. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by Hertz. Hertz assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.