Hertz’s ex-CEO will repay $2M over misstatements in 2013

Mark Frissora will return nearly $2 million in incentive-based compensation to settle a U.S. regulator’s claims that he played a key role in causing the now-bankrupt car-rental company to file inaccurate financial statements in 2013.

Original Article Posted at : https://www.accountingtoday.com/articles/hertzs-ex-ceo-will-repay-2m-over-misstatements-in-2013