Jan. 16, 2015
Tyler Best (BS Comp Sci '90) was appointed executive vice president and chief information officer (CIO) of Hertz Global Holdings, Inc., effective Jan. 26, 2015.
In his role at Hertz, he will oversee the company's global Information Technology (IT) functions. Best previously held senior IT roles at Vanguard Car Rental (Alamo and National brands) and at Budget Rent-a-Car. He has also served in senior executive IT roles at YP (formerly Yellow Pages) and Ally Financial Inc. (formerly General Motors Acceptance Corporation or GMAC). Best worked for Vanguard, GMAC and YP while each company was owned by Cerberus, a leading private equity firm.
Hertz president and chief executive officer John Tague said, "Tyler Best has a proven track record as a car rental IT leader, having spearheaded Vanguard's and Avis/Budget's integration efforts, and he has consistently delivered bottom-line improvement throughout his career. Under Tyler's leadership, Hertz will elevate IT to the forefront of its shareholder value creation strategies to generate superior customer experiences, incremental revenues and highly efficient processes."
"I am excited to return to the car rental industry and take on the opportunity to leverage technology as a competitive advantage for Hertz," Best said. "IT improvements will help employees deliver better service to our customers who, in turn, will have greater control of the rental process. Additionally, IT at Hertz will become a more powerful enabler of revenue growth and further efficiencies across the organization."
Best has been serving as CIO at YP (formerly Yellow Pages), a local marketing solutions provider in the U.S., a role he assumed in November 2012. Previously, he served from 2008-2012 as chief technology officer at Ally Financial Inc., (formerly General Motors Acceptance Corporation or GMAC) an automotive financial services company. Prior to joining Ally Financial, he was senior vice president and chief information officer at Vanguard Car Rental (Alamo and National Brands). During his four years at Vanguard, he led IT initiatives to integrate Alamo's and National's systems, including combining their counter systems. Vanguard, GMAC and YP were all owned by the private equity firm Cerberus during his years of employment. Prior to that, he led the IT integration of Avis and Budget, which merged in 2001, after holding positions of increasing seniority at several corporations and public institutions.
Best earned an undergraduate degree in computer science from Michigan State University in 1990.
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 11,000 corporate and licensee locations throughout 140 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,700 airport locations in the U.S. and more than 1,300 airport locations internationally. For more information about Hertz, visit: www.hertz.com.
