Hertz rental sign/photo by enjosmith/Flickr Ex-Hertz CEO Agrees to Return $2M to Settle Securities Charges After Accounting Scandal
Ex-Hertz CEO and Chairman Mark Frissora was accused of pursuing three tracks that ended up inflating pretax income by $235 million.
August 17, 2020 at 09:00 AM
3 minute read
The original version of this story was published on Daily Business Review
Ex-Hertz CEO and Chairman Mark Frissora agreed to return nearly $2 million in bonus pay to settle securities charges alleging he aided a long-running accounting scandal that inflated pretax income by $235 million.
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