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Mark Frissora
Mark Paul Frissora (born August 1955) 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. Prior to his July 2015 appointment as Caesars' CEO, he had spent his career working in various management positions for General Electric, Philips Lighting Company and Aeroquip-Vickers, as well as CEO and chairman of Tenneco and Hertz. Frissora entered his role as CEO of Tenneco in 2000. Prior to stepping down in 2006, he was attributed to raising Tenneco's revenue by 39 percent for a total of $4.4 billion. Frissora subsequently joined The Hertz Corporation as CEO in 2006. On January 1, 2007 he became company chairman. Frissora was named by ''Business Travel News'' as one of the most "Influential Business Travel Executives" of 2012. While holding his position at Hertz, Frissora was an active participant in international business groups including Business Roundtable, the World ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbus, Ohio
Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and the third-most populous state capital. Columbus is the county seat of Franklin County; it also extends into Delaware and Fairfield counties. It is the core city of the Columbus metropolitan area, which encompasses 10 counties in central Ohio. The metropolitan area had a population of 2,138,926 in 2020, making it the largest entirely in Ohio and 32nd-largest in the U.S. Columbus originated as numerous Native American settlements on the banks of the Scioto River. Franklinton, now a city neighborhood, was the first European settlement, laid out in 1797. The city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and laid out to become the state capital. The city was named for Italian explorer Christopher Colum ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Press Of Atlantic City
''The Press of Atlantic City'' is the fourth-largest daily newspaper in New Jersey. Originally based in Pleasantville, it is the primary newspaper for southeastern New Jersey and the Jersey Shore. The newspaper designated market runs from Waretown in southern Ocean County (exit 69 on the Garden State Parkway) down to Cape May (exit 0). It also reaches west to Cumberland County. The paper has a combined print and digital daily circulation of 72,846 and a Sunday circulation of 95,626. The ''Press'' closed its printing facility in Pleasantville in 2014, at which time it outsourced printing to a facility in Freehold. That printing plant (owned by Gannett) closed in 2017, with most of the New Jersey printing and production operations consolidated in Gannett's Rockaway plant. Coverage focuses largely on local and regional news, with limited state, national and international news appearing on the Nation & World page in the Money section. ''The Press'' also publishes various other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11
Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gary Loveman
Gary William Loveman (born April 12, 1960) is an American economist, businessman, and former academic professor. After nine years on the faculty of Harvard Business School, he left in 1998 to become COO of Harrah's Entertainment, which, following a number of acquisitions, became Caesars Entertainment. He was the CEO of Caesars Entertainment Corporation for 12 years until stepping down on June 30, 2015, amidst a bankruptcy and restructuring. He remained chairman until late 2017. He was then president of Aetna’s Consumer Health and Services division from October 2015 until January 2018. In 2019, he co-founded digital health engagement platform Well. Loveman is known for the development and application of analytics to influence customer behavior, and is a minority owner of the Boston Celtics. Early life and education Loveman grew up in Indianapolis, Indiana as the youngest of three siblings. His father was a factory worker at Western Electric and his mother a homemaker. As a chil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Activist Investor
An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial (disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders. According to research firm ''Insightia,'' a total of 810 listed companies globally were publicly subjected to activist demands in 2020, down from 896 in 2019. Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estero, Florida
Estero is a village in Lee County, Florida, United States. As of the 2020 census, the population was 36,939. During the 2010 census, Estero was an unincorporated community, or census-designated place, the population at that time was 22,612. Estero incorporated as a village in 2014. In 2019, the village's estimated population was 33,871. Estero is part of the Cape Coral-Fort Myers, Florida Metropolitan Statistical Area. Estero is the home of Hertz Arena, which hosts the home games for the Florida Everblades ECHL ice hockey team. Florida Gulf Coast University is located just north of the Estero village limits. History Mound Key, located in Estero Bay, is believed to have been the ceremonial center of the Calusa Indians when they were encountered by the Spanish in the early 1500s. German homesteader Gustave Damkohler began planting mulberry trees in 1882 along the Estero River, followed by others who established fish camps and the region's first citrus groves. In 1894, Damkohler ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avis Budget Group
Avis Budget Group is American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar. The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals, AmicoBlue, France Cars, Maggiore Group, MoriniRent, TurisCar and TurisPrime. It is one of the three big rental car holding companies in the United States, holding a 26% market share, placing it behind both the Hertz Corporation and Enterprise Holdings. History Following the decision to dissolve the Cendant company name and split into four separate companies, the vehicle rental division of Cendant became Avis Budget Group in 2006. In 2011, Avis Budget Group acquired Avis Europe, an independently-owned company licensee, globally reuniting the Avis and Budget brands. On September 5, 2012, Avis Budget Group acquired Apex Car Rentals o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dollar-Thrifty Automotive Group
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. Company development Established in 1990 by the Chrysler Corporation, Dollar Thrifty Automotive was part of Chrysler's Pentastar Transportation Group in Tulsa, Oklahoma, which also included General Rent-A-Car and Snappy Car Rental. Chrysler purchased Thrifty Rent A Car System, Inc. in 1989, and Dollar Rent A Car Systems, Inc. in 1990, forming Dollar Thrifty Automotive Group. By 1997, Dollar Thrifty Automotive earned US$843.94 million in sales, employed a staff of 5,200, and maintained a combined rental fleet of approximately 100,000 vehicles. Chrysler announced that Dollar Thrift ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Video Chat
Videotelephony, also known as videoconferencing and video teleconferencing, is the two-way or multipoint reception and transmission of audio and video signals by people in different locations for real time communication.McGraw-Hill Concise Encyclopedia of EngineeringVideotelephony McGraw-Hill, 2002. Retrieved from the FreeDictionary.com website, January 9, 2010 A videophone is a telephone with a video camera and video display, capable of simultaneous video and audio communication. Videoconferencing implies the use of this technology for a group or organizational meeting rather than for individuals, in a videoconference.Mulbach et al, 1995. pg. 291. Telepresence may refer either to a high-quality videotelephony system (where the goal is to create the illusion that remote participants are in the same room) or to meetup technology, which can go beyond video into robotics (such as moving around the room or physically manipulating objects). Videoconferencing has also been called "v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Donlen Corporation
Donlen LLC is an American fleet leasing and management company headquartered in Bannockburn, Illinois, a suburb of Chicago. With offices throughout the U.S. and Canada, the company provides consultation, maintenance, and outsourcing for corporate vehicle fleets. Donlen currently has over 165,000 vehicles under lease and management with over 300 employees. History Donlen Corporation was founded in 1965 by Donald Rappeport and Leonard Vine. In September 2011 the company was acquired by Hertz Global Holdings, Inc for $250 million in cash and the assumption of $770 million in Donlen fleet debt and operated as a subsidiary of the Hertz Corporation. On March 30, 2021, Hertz completed a sale of the business to Athene Holding. Business overview Donlen is a fleet management provider focusing on the management and consultation of a company's commercial vehicle fleet, including cars, vans, and trucks. Donlen performs fleet management functions such as vehicle financing, vehicle acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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