Elizabeth Higashi, a veteran financial communications exec on the corporate and agency side, has been named VP of IR for Hertz Equipment Rental Corp., as parent Hertz Global Holdings prepares to spin off the unit as a publicly traded company this year.
Higashi is a former VP of IR for Horizon Pharma and principal at Sard Verbinnen & Co. in Chicago. She ran her own IR shop, Higashi Advisors, for the past four years. She also held in-house roles with IMCERA Group, SFN Companies and Times Mirror Co.
Hertz is finalizing the spinoff two years after first announcing plans to separate the operation, which serves oil and gas, industry and construction markets.
At HERC, Higashi reports to president and CEO Larry Silber based in Bonita Springs, Fla.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
