Stephen Scherr has served as Chief Executive Officer at Hertz and a member of the Company’s Board of Directors since February 2022. Scherr spent nearly three decades at Goldman Sachs, leading a range of strategic and operational functions. He most recently served as Chief Financial Officer from 2018 through 2021, a period during which the firm undertook considerable growth across its new and existing businesses. Scherr was the architect and leader of Goldman Sachs’ consumer business, first as Chief Strategy Officer from 2014 through 2016, and later as CEO of Goldman Sachs Bank USA and Head of the Consumer & Commercial Bank Division from 2016 to 2018. He led Marcus by Goldman Sachs from inception, overseeing retail deposit growth in excess of $100 billion, expanding its digital consumer lending platform and managing a new partnership with Apple to develop the AppleCard. Scherr lead the firm’s Latin American business for five years; was Global Head of the Financing Group for seven years; and served as Chief Operating Officer of Investment Banking for two years. Prior to joining Goldman Sachs, Scherr practiced law, including as a law clerk in the Southern District of New York from 1990 to 1991, and later as an associate at Cravath, Swaine & Moore from 1992 to 1993. Scherr holds a J.D. from Harvard Law School and an A.B. from the Woodrow Wilson School of Public and International Affairs at Princeton University.