Stephen Scherr is a man on a mission to transform Hertz, the iconic American company, into a global leader in shared mobility, electrification, and a digital-first customer experience. With a diverse and accomplished background, Scherr brings a wealth of experience and vision to the table, making him a driving force in the company's future.
Before joining Hertz in February 2022, Scherr spent nearly three decades at Goldman Sachs, one of the world's leading investment banks. During his tenure, he held various critical positions, including Chief Financial Officer from 2018 through 2021. It was a period of considerable growth and innovation at Goldman Sachs, and he played a key role in leading the firm's most important businesses. As Chief Operating Officer of the Investment Banking Division and Global Head of the Financing Group, he demonstrated exceptional leadership, driving success in both new and existing ventures.
Beyond his professional achievements, Scherr's personal life is equally notable. He is deeply committed to various philanthropic endeavors and serves on the boards of the Jewish Museum and the New York Stem Cell Foundation. This showcases his dedication to making a positive impact on society by supporting cultural institutions and research in stem cell technology.
Furthermore, his involvement in organizations like the Business Roundtable, the Council on Foreign Relations, and the United States Travel and Tourism Advisory Board highlights his passion for advancing various industries and contributing to policy-making that shapes the global business landscape.
Educationally, Scherr holds a J.D. from Harvard Law School, a testament to his dedication to academic excellence. He also holds an A.B. from the prestigious Woodrow Wilson School of Public and International Affairs at Princeton University, a reflection of his commitment to understanding and addressing complex societal issues.
Taking the helm at Hertz, Scherr embarked on a journey to reimagine the company's future. He recognized the immense potential of shared mobility and electrification in shaping the transportation industry. Under his leadership, Hertz has taken significant strides to adapt to the changing landscape, positioning itself as a pioneer in sustainable and customer-centric solutions.
Scherr's digital-first customer experience approach has been a game-changer for Hertz. Leveraging cutting-edge technology, the company has enhanced customer engagement, streamlined processes, and offered personalized services that cater to the evolving needs of modern consumers. His vision, expertise, and dedication have not only transformed the company but also influenced the broader transportation industry. By prioritizing sustainability, customer satisfaction, and embracing emerging technologies, he has set Hertz on a path to lead the charge in shaping the future of mobility.