Kathryn V. Marinello Explained

Kathryn V. Marinello
Birth Date:2 June 1956
Education:State University of New York at Albany
Hofstra University
Nationality:American
Occupation:Businesswoman
President and CEO, PODS
Term:January 2021- present
Spouse:Paul Marinello

Kathryn V. Marinello (born June 2, 1956) is an American businesswoman, and president and chief executive officer (CEO) of PODS, a moving and storage company.

Previously, she was president and CEO of Hertz Global Holdings.[1] [2]

Early life

Kathryn Marinello was born on June 2, 1956.[3] She studied at Lund University in Sweden, before receiving a bachelor's degree from the State University of New York at Albany in 1978, and a Masters of Business Administration from Hofstra University in Hempstead, New York in 1983.[2]

Career

Marinello's senior positions have varied among companies - ranging from automotive, consumer marketing, banking, business services, technology and executive management.[4] [5] She was named president and CEO of the Electronic Payments Group at First Data Corporation in 1995, which provided electronic banking, commerce, and debit and commercial processing to the financial services industry.[5] [6] Marinello has served in senior financial leadership positions at US Bank, Chemical Bank (now JPMorgan Chase), Citibank and Barclays Bank.[5]

General Electric

Marinello joined General Electric in 1997 as president of GE Capital Consumer Financial Services and executive vice president of GE Card Services in Cincinnati, Ohio. She managed three of GE's business units, including Consumer Finance (1997-1999), Consumer Insurance, which includes Direct Marketing, Auto & Home Insurance, Auto Warranty and Life Insurance (1999 to 2002), and Fleet Commercial Finance (2002 to 2006).[4] [7] Marinello's role as president and CEO of GE Fleet Services included managing over 3,000 employees in 20 countries.[4]

Stream Global Services

Upon leaving Ceridian, Marinello was elected chairman and CEO of Stream Global Services in Eagan, Minnesota from August 2010 to 2014, succeeding founder R. Scott Murray, who intended to pursue other business interests.[8] [9] [10]

Ares Management LLC

After four years in the business outsourcing industry, Marinello gained experience in asset management with Ares Management LLC. She served as a senior advisor and consultant from March 2014 to the fall of 2015.[11] [10]

Hertz Global Holdings, Inc.

It was announced in December 2016 that Marinello would take over as President and CEO of Hertz Global Holdings, Inc. following John P. Tague's retirement.[11] [12] Her executive role and placement on the rental car company's board of directors officially began on January 3, 2017. (26) Marinello's three-year employment agreement with Hertz includes an annual base salary of $1.45 million.[11] [12] Marinello oversees 9,700 corporate and franchise rental car locations in 150 countries.[13]

Marinello led Hertz Global Holdings, Inc. and various subsidiaries including:

In May 2020, Marinello resigned and was replaced by Paul Stone as president and CEO of Hertz, with immediate effect.[17]

PODS

In February 2021, Marinello was named as CEO of PODS.[18]

Board memberships

Awards and recognition

Personal life

She resides in Bonita Springs, Florida with her husband, Paul.[27]

Notes and References

  1. Web site: Hertz Names Kathryn Marinello CEO.. September 7, 2017. The Wall Street Journal.. December 13, 2016.
  2. Web site: Kathryn V. Marinello.. September 7, 2017. AB Volvo Group.. 2017.
  3. Web site: Kathryn V. Marinello, President & Chief Executive Officer at Hertz Global Holdings, Inc.. September 8, 2017. Relationship Science.. 2017.
  4. Web site: Ceridian Corporation Names Kathryn V. Marinello CEO and President.. September 8, 2017. HRO Today.. October 9, 2006.
  5. Web site: Hertz names Marinello as CEO; Tague to retire in January.. September 8, 2017. Naples Daily News.. December 13, 2016.
  6. Web site: Hertz Global names Kathryn V. Marinello new President and CEO.. September 8, 2017. eTurbo News.. December 14, 2016.
  7. Web site: Ceridian Corporation Names Kathryn V. Marinello President and Chief Executive Officer.. September 8, 2017. Ceridian.. October 9, 2006.
  8. Web site: Stream Global Services Names Kathryn Marinello Chief Executive Officer.. September 8, 2017. Business Wire.. August 20, 2010.
  9. Web site: Convergys acquires Sergeant Bluff call center in Stream deal.. September 8, 2017. Sioux City Journal.. March 5, 2014.
  10. Web site: GM Announces Kathryn Marinello to Resign From Board of Directors.. September 8, 2017. General Motors.. December 19, 2016.
  11. Web site: Carl Icahn Is 'Excited' About New Hertz CEO Kathryn Marinello.. September 8, 2017. Fortune.. December 14, 2016.
  12. Web site: HERTZ GLOBAL HOLDINGS, INC. FORM 8-K.. September 8, 2017. UNITED STATES SECURITIES AND EXCHANGE COMMISSION.. December 13, 2016.
  13. Web site: 2016 U.S. CAR RENTAL MARKET Fleet, Locations, and Revenue.. September 8, 2017. Auto Rental News.. December 13, 2016.
  14. Web site: No mystery anymore: Hertz moving HQ to Estero.. September 8, 2017. NBC 2 News.. May 7, 2013. August 5, 2017. https://web.archive.org/web/20170805100435/http://www.nbc-2.com/story/22179420/hertz-moving-headquarters-to-estero-florida. dead.
  15. Web site: Hertz Wins Bid to Buy Dollar Thrifty.. September 8, 2017. The Wall Street Journal.. August 27, 2012.
  16. Web site: Donlen Company Information.. September 8, 2017. Donlen.. 2017.
  17. News: Thapa . Anuz . Hertz Names Its New CEO . 19 May 2020 . The Street . 18 May 2020.
  18. Web site: Clearwater storage company PODS names Kathryn Marinello new president, CEO. Tampa Bay Times.
  19. Web site: Kathryn "Kathy" Marinello.. September 8, 2017. Bloomberg.. 2017.
  20. Web site: GM Announces Kathryn Marinello to Resign From Board of Directors.. September 8, 2017. General Motors.. 2016.
  21. Web site: Kathryn V. Marinello.. September 8, 2017. Volvo Group.. 2017.
  22. Web site: Ceridian Corporation names Kathryn V Marinello President and Chief Executive Officer.. September 8, 2017. SD Worx.. October 11, 2006. September 8, 2017. https://web.archive.org/web/20170908200736/https://www.sdworx.co.uk/news/ceridian-corporation-names-kathryn-v-marinello-president-and-chief-executiv. dead.
  23. Web site: 25 Highest-paid women.. September 8, 2017. Fortune.. September 29, 2008.
  24. Web site: Economic Rescue Plan.. September 8, 2017. Business Roundtable.. October 1, 2008.
  25. Web site: These Are the Women CEOs Leading Fortune 500 Companies.. September 8, 2017. Fortune.. June 7, 2017.
  26. Web site: These Are the Women CEOs Leading Fortune 500 Companies.. October 2, 2018. Fortune.. September 2018. September 30, 2018. https://web.archive.org/web/20180930170413/http://fortune.com/most-powerful-women/kathryn-marinello-50/. dead.
  27. Web site: Kathryn V. Marinello.. September 8, 2017. Thrivent Financial.. 2017. September 8, 2017. https://web.archive.org/web/20170908201444/https://www.thrivent.com/governance/files/N.1_Marinello.pdf. dead.

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