Hertz revealed that Tyler Best has been appointed Executive Vice President and Chief Information Officer (CIO), effective January 26, 2015.
In his role at Hertz, Mr. Best will oversee the Company’s global Information Technology (IT) functions. Mr. Best previously held senior IT roles at Vanguard Car Rental (Alamo and National brands) and at Budget Rent-a-Car. He has also served in senior executive IT roles at YP (formerly Yellow Pages) and Ally Financial, Inc. (formerly General Motors Acceptance Corporation or GMAC).
Mr. Best worked for Vanguard, GMAC and YP while each company was owned by Cerberus, a leading private equity firm. Mr. Best succeeds David Trimm who is leaving Hertz to pursue other professional opportunities.
John Tague, Hertz President and Chief Executive Officer, said, “Tyler Best has a proven track record as a car rental IT leader, having spearheaded Vanguard’s and Avis/Budget’s integration efforts, and he has consistently delivered bottom-line improvement throughout his career.
“Under Tyler’s leadership, Hertz will elevate IT to the forefront of its shareholder value creation strategies to generate superior customer experiences, incremental revenues and highly efficient processes.” Continued Tague.
Mr. Best said, “I am excited to return to the car rental industry and take on the opportunity to leverage technology as a competitive advantage for Hertz. IT improvements will help employees deliver better service to our customers who, in turn, will have greater control of the rental process.
“Additionally, IT at Hertz will become a more powerful enabler of revenue growth and further efficiencies across the organisation.” Added Best.