Hertz names chief product development officer, general counsel
Two days after revealing that Amazon Web Services would be powering its cloud-based infrastructure, Hertz on Wednesday announced that Ned Ryan will join the company as chief product development officer, effective May 9.
It’s the second personnel move in less than two weeks by the rental car company, which also chose a new executive vice president, general counsel and secretary to replace Dave Galainena, who is set to retire.
Hertz said in a news release that Ryan will oversee efforts to deliver connected products and technology to enhance the customer experience as Hertz assumes an increased role in the modern mobility ecosystem.
“Our ambition to lead as a mobility company rests on our commitment to invest in technology and innovation, and Ned is the ideal leader to advance our digital ambitions for the next chapter of Hertz,” Hertz chief executive officer Stephen Scherr said in the news release. “Ned has a record of innovating, having served as founder and CEO of multiple startup businesses, including two successful ventures in the mobility sector and most recently at Ford.
“Ned will work in close partnership with Tim Langley-Hawthorne, our chief information officer, and a growing engineering team to develop world-class technology solutions that position Hertz as a key player in the travel and auto industry,” Scherr continued.
Hertz went on to describe Ryan as an entrepreneurial leader, passionate about building products and teams with a focus on mobility.
In 2013, Ryan launched Breeze, one of the first flexible rideshare financing platforms, which was purchased by Ford in 2016. He also founded Canvas, a vehicle subscription service that was purchased by Fair.com at the end of 2019.
Ryan most recently served in a senior capacity at Ford where he worked on new, digitally connected mobility businesses.
“I’m incredibly excited to join the Hertz team at an important time in the company’s history,” Ryan said. “I look forward to building world-class products for our customers and partners and can’t wait to get started.”
Meanwhile, Hertz also announced that Colleen Batcheler will join the company as executive vice president, general counsel and secretary, effective May 20.
The company said Batcheler will lead global governance for Hertz, which encompasses legal, compliance and government affairs. Batcheler’s appointment will follow the retirement of Galainena, who has served as executive vice president, general counsel and secretary for the past three years and has practiced law for almost 40 years.
Hertz said in another news release that Galainena will continue with the company through June 30 to facilitate a transition.
“We are excited to have Colleen join our leadership team at a time of considerable opportunity for Hertz to engage its customers and to lead the industry in the future of mobility and travel,” Scherr said in the other news release. “Colleen’s strategic thinking and deep experience with formidable consumer brands will better position Hertz to execute on its core priorities of electrification, shared mobility and the delivery of a digital-first customer experience.
“I also want to congratulate Dave on his retirement and thank him for his many contributions to Hertz, which includes helping the company complete its successful restructuring last year and establishing a strong foundation for the future,” Scherr went on to say.
Hertz highlighted that Batcheler has more than 15 years of experience as a business-oriented general counsel and senior leader and more than 20 years of experience advising public companies.
Since 2009, Batcheler has served as executive vice president, general counsel and corporate secretary at Conagra Brands, one of North America’s leading branded food companies, where she has spent the past 16 years, overseeing all legal and governmental affairs for the company.
Prior to joining Conagra, Batcheler was vice president and corporate secretary at Albertson’s, associate counsel with The Cleveland Clinic Foundation and an associate with the law firm of Jones Day.
“I’m thrilled to join Hertz at this pivotal time for the company,” Batcheler said. “The company’s strategic focus and investment in the future of mobility presents an exciting opportunity and I look forward to working alongside the leadership at Hertz and with all the talented team members around the world to drive the business forward.”