Forbes – Carl Icahn and the hedge fund crowd have grabbed the wheel at Hertz Global Holdings and are calling the shots at the troubled car rental company.
Hertz announced on Thursday afternoon that it had struck a deal with Icahn to appoint three of his people to the company’s board of directors, replacing three existing directors. Two of Icahn’s men will be part of a five-person search committee that will go out and find a new CEO for the company.
