Richard Frecker named acting general legal counsel for Hertz Global Holdings
AA – Rick Frecker has been named acting general legal counsel for Hertz Global Holdings, Inc., (NYSE: HTZ), following the resignation of Thomas Sabatino, who is joining Aetna as executive vice president and general counsel, law and regulatory.
“Rick has been an integral part of the legal team at Hertz for some time and has taken on increased responsibility during the past year in his role of deputy general counsel. He has been intimately involved in all corporate activities, including internal lead counsel for the planned separation of our equipment rental business. As a result, Rick is well-prepared to serve as acting general counsel while we consider candidates from both within and outside the company,” said John Tague, Hertz president and chief executive officer.
“I want to thank Tom for his service and counsel to Hertz over the past year, particularly his guidance during our financial restatement. With his extensive corporate experience and exceptional reputation, we were fortunate to have Tom as part of the executive team during what was a transitional period for the company.”
Frecker, who has been with Hertz since 2008, has served as vice president and deputy general counsel for the company since 2013. In that capacity, he has had responsibility for all corporate securities matters and served as head legal counsel on Treasury and Corporate Development activities together with responsibility for corporate compliance. In addition, Frecker has had responsibility for legal activities related to the company’s franchise agreements.
Frecker received his legal degree from the Fordham University School of Law and a bachelor’s degree in business administration from Western Michigan University.
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