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Hertz’s Former CEO Mark Frissora, who agreed to settle without admitting or denying the SEC’s claims, will pay a $200,000 fine in addition to returning nearly $2 million in incentive-based pay.(REUTERS)

Former CEO of Hertz to repay $2 million over misstatements in 2013

By Bloomberg | Posted by Prashasti Singh
UPDATED ON AUG 14, 2020 06:17 AM IST
This money will be compensation for his alleged role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.
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