Kathryn V. Marinello

Last updated
Kathryn V. Marinello
Born (1956-06-02) June 2, 1956 (age 67)
NationalityAmerican
Education State University of New York at Albany
Hofstra University
OccupationBusinesswoman
TitlePresident and CEO, PODS
TermJanuary 2021- present
SpousePaul Marinello

Kathryn V. Marinello (born June 2, 1956) is an American businesswoman, and president and chief executive officer (CEO) of PODS, a moving and storage company.

Contents

Previously, she was president and CEO of The Hertz Corporation. [1] [2]

Early life

Kathryn Marinello was born on June 2, 1956. [3] She studied at Lund University in Sweden, before receiving a bachelor's degree from the State University of New York at Albany in 1978, and a Masters of Business Administration from Hofstra University in Hempstead, New York in 1983. [4] [2]

Career

Marinello's senior positions have varied among companies - ranging from automotive, consumer marketing, banking, business services, technology and executive management. [5] [6] She was named president and CEO of the Electronic Payments Group at First Data Corporation in 1995, which provided electronic banking, commerce, and debit and commercial processing to the financial services industry. [6] [7] Marinello has served in senior financial leadership positions at US Bank, Chemical Bank (now JPMorgan Chase), Citibank and Barclays Bank. [6]

General Electric

Marinello joined General Electric in 1997 as president of GE Capital Consumer Financial Services and executive vice president of GE Card Services in Cincinnati, Ohio. She managed three of GE's business units, including Consumer Finance (1997-1999), Consumer Insurance, which includes Direct Marketing, Auto & Home Insurance, Auto Warranty and Life Insurance (1999 to 2002), and Fleet Commercial Finance (2002 to 2006). [5] [8] Marinello's role as president and CEO of GE Fleet Services included managing over 3,000 employees in 20 countries. [5]

Stream Global Services

Upon leaving Ceridian, Marinello was elected chairman and CEO of Stream Global Services in Eagan, Minnesota from August 2010 to 2014, succeeding founder R. Scott Murray, who intended to pursue other business interests. [9] [10] [11]

Ares Management LLC

After four years in the business outsourcing industry, Marinello gained experience in asset management with Ares Management LLC. She served as a senior advisor and consultant from March 2014 to the fall of 2015. [12] [11]

Hertz Global Holdings, Inc.

It was announced in December 2016 that Marinello would take over as President and CEO of Hertz Global Holdings, Inc. following John P. Tague's retirement. [12] [13] Her executive role and placement on the rental car company's board of directors officially began on January 3, 2017. (26) Marinello's three-year employment agreement with Hertz includes an annual base salary of $1.45 million. [12] [13] Marinello oversees 9,700 corporate and franchise rental car locations in 150 countries. [14]

Marinello led Hertz Global Holdings, Inc. and various subsidiaries including:

In May 2020, Marinello resigned and was replaced by Paul Stone as president and CEO of Hertz, with immediate effect. [18]

PODS

In February 2021, Marinello was named as CEO of PODS. [19]

Board memberships

Awards and recognition

Personal life

She resides in Bonita Springs, Florida with her husband, Paul. [4]

Related Research Articles

<span class="mw-page-title-main">Hertz Global Holdings</span> American car rental company

Hertz Global Holdings, known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental.

<span class="mw-page-title-main">Mark Hurd</span> American businessman (1957–2019)

Mark Vincent Hurd was an American technology executive who served as Co-CEO and as a member of the board of directors of Oracle Corporation. He had previously served as chairman, chief executive officer, and president of Hewlett-Packard, before his forced resignation in 2010. He was also on the board of directors of Globality and was a member of the Technology CEO Council and board of directors of News Corporation until 2010.

<span class="mw-page-title-main">Ron Williams</span> American businessperson

Ronald Allen Williams is an American businessman and board director on corporate, public sector and non-profit boards. Williams is the author of Learning to Lead: The Journey to Leading Yourself, Leading Others, and Leading an Organization, which appeared on The Wall Street Journal's best seller list. He is founder, chairman and CEO of RW2 Enterprises, LLC. He is the former chairman, president and chief executive officer (CEO) of Aetna Inc., a diversified benefits company. Aetna is now part of CVS Health.

<span class="mw-page-title-main">Dayforce</span> American technology company

Dayforce, Inc., formerly Ceridian, is a provider of human resources software and services with employees across its global footprint in the United States, Canada, Europe, Middle East, Africa (EMEA), and the Asia Pacific Japan (APJ) region. It is a publicly traded company on the New York Stock Exchange and Toronto Stock Exchange.

<span class="mw-page-title-main">Dollar Rent A Car</span> American car rental brand

Dollar Rent A Car is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Dollar is owned by The Hertz Corporation, along with other agencies including Hertz Rent A Car, Firefly Car Rental and Thrifty Car Rental. Dollar typically caters to budget-conscious leisure travelers.

<span class="mw-page-title-main">Mark Fields (businessman)</span> American business executive

Mark Fields is an American businessman and former chief executive officer of Ford Motor Company. Prior to his July 1, 2014, appointment, Fields served as the company's chief operating officer. Previously, as Ford's president of The Americas, Fields developed "The Way Forward" plan and separately led a significant turnaround of Mazda. He succeeded Alan Mulally as Ford's president and CEO. Fields announced his retirement on May 22, 2017. He currently serves as Senior Advisor at TPG Capital and on several corporate boards, and he previously served as interim CEO of Hertz.

<span class="mw-page-title-main">Indra Nooyi</span> Indian business executive

Indra Nooyi is an Indian-American business executive who was the chairperson and chief executive officer (CEO) of PepsiCo.

<span class="mw-page-title-main">Arrow Electronics</span> American company

Arrow Electronics is an American Fortune 500 company headquartered in Centennial, Colorado. The company specializes in distribution and value added services relating to electronic components and computer products. The company was ranked No. 109 in the 2023 FORTUNE 500 list of the largest United States corporations by total revenue. The company has also been recognized for 10 consecutive years at the top of its industry ranking on FORTUNE's “World’s Most Admired Companies” list.

<span class="mw-page-title-main">Safra Catz</span> Israeli-American business executive

Safra Ada Catz is an Israeli-American billionaire banker and technology executive. She is the CEO of Oracle Corporation. She has been an executive at Oracle since April 1999, and a board member since 2001. In April 2011, she was named co-president and chief financial officer (CFO), reporting to founder Larry Ellison. In September 2014, Oracle announced that Ellison would step down as CEO and that Mark Hurd and Catz had been named as joint CEOs. In September 2019, Catz became the sole CEO after Hurd resigned due to health issues.

United Rentals, Inc is an American publicly traded company; it is the world's largest equipment rental company, with about 16 percent of the North American market share as of 2022. It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling about $19.3 billion in original equipment cost (OEC) as of 2022. The company has a combined total of 1,449 locations, including an integrated network of 1,390 rental locations in North America, 13 in Europe, 27 in Australia and 19 in New Zealand. In North America, the company operates in 49 U.S. states and Puerto Rico and in every Canadian province. In 2017, United Rentals' revenue totaled more than $6.64 billion, with over $1.35 billion in profit. It is ranked #424 on the Fortune 500, and #1183 on the Forbes Global 2000 list of the world's largest public companies.

The economy of Stamford, Connecticut is robust and is considered an anomaly for having a large number of corporate headquarters in a city of its size. In the 1980s and 90s, Stamford had the third highest concentration of Fortune 500 companies in the country, with 18 companies headquartered in the city. The only two cities that had higher concentrations in the nation were New York City and Chicago.

Time Inc. was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake Time, Sports Illustrated, Travel + Leisure, Food & Wine, Fortune, People, InStyle, Life, Golf Magazine, Southern Living, Essence, Real Simple, and Entertainment Weekly. It also had subsidiaries which it co-operated with the UK magazine house Time Inc. UK, whose major titles include What's on TV, NME, Country Life, and Wallpaper. Time Inc. also co-operated over 60 websites and digital-only titles including MyRecipes, Extra Crispy, TheSnug, HelloGiggles, and MIMI.

<span class="mw-page-title-main">Thrifty Car Rental</span> American car rental brand

Thrifty Car Rental is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Thrifty is owned by The Hertz Corporation, along with other agencies including Hertz Rent A Car and Dollar Rent A Car. Thrifty typically caters to budget-conscious leisure travelers.

Advantage Rent a Car is a privately held American car rental company headquartered in Orlando, Florida.

<span class="mw-page-title-main">Dollar Thrifty Automotive Group</span> Former holding company

Dollar Thrifty Automotive Group is the former holding company of Thrifty Car Rental and Dollar Rent A Car. Dollar Thrifty Automotive began to operate as an independent car rental subsidiary of the Chrysler Corporation on November 4, 1997 while continuing to support its two brands, Dollar Rent A Car and Thrifty Car Rental. It was acquired by The Hertz Corporation for US$2.3 billion on November 19, 2012.

<span class="mw-page-title-main">Ginni Rometty</span> American business executive (born 1957)

Virginia Marie "Ginni" Rometty is an American business executive who was executive chairman of IBM after stepping down as CEO on April 1, 2020. She was previously chairman, president and CEO of IBM, becoming the first woman to head the company. She retired from IBM on December 31, 2020, after a near-40 year career there. Before becoming president and CEO in January 2012, she first joined IBM as a systems engineer in 1981 and subsequently headed global sales, marketing, and strategy.

<span class="mw-page-title-main">Hertz Car Sales</span> Used car dealership

Hertz Car Sales, a division of The Hertz Corporation, regulates the sales of certified used vehicles previously used in the Hertz car rental fleet. Hertz Car Sales is based out of The Hertz Corporation's headquarters in Estero, Florida. The largest operating market is in North America, with over 68 dealer locations in the United States, with additional locations in France, Germany, Italy, Spain, and the United Kingdom.

<span class="mw-page-title-main">Mark Frissora</span> American business executive (born 1955)

Mark Paul Frissora is an American business executive. He has been the CEO and president of The Hertz Corporation, and was the CEO and president of Caesars Entertainment until 2019.

<span class="mw-page-title-main">Darius Adamczyk</span> Polish-American businessman

Darius Adamczyk is a Polish-American businessman. He is the chairman of Honeywell, an American multinational conglomerate.

Paul Stone is an American businessman, and the president and chief executive officer (CEO) of The Hertz Corporation since May 2020.

References

  1. ↑ "Hertz Names Kathryn Marinello CEO". The Wall Street Journal. December 13, 2016. Retrieved September 7, 2017.
  2. 1 2 "Kathryn V. Marinello". AB Volvo Group. 2017. Retrieved September 7, 2017.
  3. ↑ "Kathryn V. Marinello, President & Chief Executive Officer at Hertz Global Holdings, Inc". Relationship Science. 2017. Retrieved September 8, 2017.
  4. 1 2 3 "Kathryn V. Marinello" (PDF). Thrivent Financial. 2017. Retrieved September 8, 2017.
  5. 1 2 3 4 "Ceridian Corporation Names Kathryn V. Marinello CEO and President". HRO Today. October 9, 2006. Retrieved September 8, 2017.
  6. 1 2 3 "Hertz names Marinello as CEO; Tague to retire in January". Naples Daily News. December 13, 2016. Retrieved September 8, 2017.
  7. ↑ "Hertz Global names Kathryn V. Marinello new President and CEO". eTurbo News. December 14, 2016. Retrieved September 8, 2017.
  8. ↑ "Ceridian Corporation Names Kathryn V. Marinello President and Chief Executive Officer". Ceridian. October 9, 2006. Retrieved September 8, 2017.
  9. ↑ "Stream Global Services Names Kathryn Marinello Chief Executive Officer". Business Wire. August 20, 2010. Retrieved September 8, 2017.
  10. ↑ "Convergys acquires Sergeant Bluff call center in Stream deal". Sioux City Journal. March 5, 2014. Retrieved September 8, 2017.
  11. 1 2 "GM Announces Kathryn Marinello to Resign From Board of Directors". General Motors. December 19, 2016. Retrieved September 8, 2017.
  12. 1 2 3 4 5 "Carl Icahn Is 'Excited' About New Hertz CEO Kathryn Marinello". Fortune. December 14, 2016. Retrieved September 8, 2017.
  13. 1 2 3 "HERTZ GLOBAL HOLDINGS, INC. FORM 8-K". UNITED STATES SECURITIES AND EXCHANGE COMMISSION. December 13, 2016. Retrieved September 8, 2017.
  14. ↑ "2016 U.S. CAR RENTAL MARKET Fleet, Locations, and Revenue". Auto Rental News. December 13, 2016. Retrieved September 8, 2017.
  15. ↑ "No mystery anymore: Hertz moving HQ to Estero". NBC 2 News. May 7, 2013. Archived from the original on August 5, 2017. Retrieved September 8, 2017.
  16. ↑ "Hertz Wins Bid to Buy Dollar Thrifty". The Wall Street Journal. August 27, 2012. Retrieved September 8, 2017.
  17. ↑ "Donlen Company Information". Donlen. 2017. Retrieved September 8, 2017.
  18. ↑ Thapa, Anuz (18 May 2020). "Hertz Names Its New CEO". The Street. Retrieved 19 May 2020.
  19. ↑ "Clearwater storage company PODS names Kathryn Marinello new president, CEO". Tampa Bay Times.
  20. ↑ "Kathryn "Kathy" Marinello". Bloomberg. 2017. Retrieved September 8, 2017.
  21. ↑ "GM Announces Kathryn Marinello to Resign From Board of Directors". General Motors. 2016. Retrieved September 8, 2017.
  22. ↑ "Kathryn V. Marinello". Volvo Group. 2017. Retrieved September 8, 2017.
  23. ↑ "Ceridian Corporation names Kathryn V Marinello President and Chief Executive Officer". SD Worx. October 11, 2006. Retrieved September 8, 2017.
  24. 1 2 "25 Highest-paid women". Fortune. September 29, 2008. Retrieved September 8, 2017.
  25. ↑ "Economic Rescue Plan" (PDF). Business Roundtable. October 1, 2008. Retrieved September 8, 2017.
  26. ↑ "These Are the Women CEOs Leading Fortune 500 Companies". Fortune. June 7, 2017. Retrieved September 8, 2017.
  27. ↑ "These Are the Women CEOs Leading Fortune 500 Companies". Fortune. September 2018. Retrieved October 2, 2018.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.