Hertz CEO Stephen M. Scherr

Hertz CEO Stephen Scherr’s total compensation of $182 million made him the third highest–paid chief executive in the U.S., according to executive-pay-data and analytics company C-Suite Comp used in a report from the Wall Street Journal. The former Goldman Sachs executive, who was hired by the Estero-based car rental company in February 2022, seven months after it emerged from bankruptcy-court protection, made $3.4 million in salary and bonus. His $178 million in restricted stock is structured to vest through 2026, the report states. Scherr’s 2022 compensation only trails that of private investment banking company Blackstone CEO Stephen Schwarzman ($253 million) and Google parent company Alphabet CEO Sundar Pichai ($226 million).