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This profile was last updated on 2/25/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Richard D. Broome

Wrong Richard D. Broome?

Executive Vice President, Corpora...

The Hertz Corporation
225 Brae Blvd
Park Ridge , New Jersey 07656
United States

Company Description: Hertz, the world's leading vehicle renting organization, operates from approximately 7,700 locations in 145 countries worldwide. Hertz is the largest general use...   more
Background

Employment History

Education

  • J.D.
    University of Connecticut School of Law
  • B.A.
    Bates College
171 Total References
Web References
Hertz Update: The Temporary Office Search
esteroeliterealty.com, 23 Feb 2014 [cached]
According to Richard Broome, the company's vice president for corporate affairs, the company plans to release a press release next week letting the community know of the company's next steps and temporary office location.
Executive Officers
phx.corporate-ir.net, 18 Sept 2013 [cached]
Richard Broome
Executive Vice President, Corporate Affairs and Communications Mr. Broome has served as the Executive Vice President, Corporate Affairs and Communications of Hertz Holdings and Hertz since March 2008. Previously, Mr. Broome served as Vice President, Corporate Affairs and Communications of Hertz Holdings and Hertz from August 2000 to March 2008. From March 1996 to August 2000, Mr. Broome served as Vice President, Government Affairs and Communications for Selective Insurance Company, Inc. and from January 1987 to March 1996 as Counsel, Legal Affairs, of Aetna Life and Casualty. Prior to that, Mr. Broome served in government affairs roles for The Travelers Insurance Group and the Connecticut Business and Industry Association.
Richard Broome, Executive ...
www.gulfcoastprsa.org [cached]
Richard Broome, Executive Vice-President, Corporate Affairs and Communications The Hertz Corporation
...
Richard Broome, Executive Vice-President, Corporate Affairs and Communications The Hertz Corporation
On Tuesday, February 25, we are honored to welcome Richard Broome, Executive Vice President, Corporate Affairs and Communications for The Hertz Corporation. Richard will speak to us on the Public Relations challenges that Hertz faced in relocating their corporate headquarters from New Jersey to Southwest Florida, from lessons learned to crisis management.
Richard is responsible for community affairs worldwide and corporate social responsibility. He is also responsible for worldwide internal and external communications, including media affairs, government relations, community relations, and corporate philanthropy.
Since joining Hertz in 2000, Richard has made solid contributions to the executive team by helping plan and execute a global communication strategy ensuring all employees are fully informed about the transformation underway at Hertz, and to ensure the management team understands and can act on employee concerns. Rich continues to successfully manage efforts to ensure Hertz businesses receive fair treatment in legislative bodies, especially in the U.S and Brussels. He and his team also build better awareness in the media of their story from consumer and investor perspectives.
Prior to joining Hertz, Rich served as Vice President, Government Relations and Communications for Selective Insurance Group. He also served as counsel at Aetna and the Connecticut Business and Industry Association. Rich has a B.A. from Bates College and a J.D. from the University of Connecticut School of Law, and he is a member of the Connecticut Bar.
...
RICHARD BROOME
Executive Vice President, Corporate Affairs and Communications
The Hertz Corporation
Rich Broome is Executive Vice President, Corporate Affairs and Communications. He is based at the Company's Worldwide Headquarters in Park Ridge, NJ.
As Executive Vice President, Corporate Affairs and Communications, Rich is responsible for community affairs worldwide and corporate social responsibility. With respect to community affairs, our primary goal will be to provide a framework for our locations to take local ownership of community and charitable activities. Rich is also responsible for worldwide internal and external communications, including media affairs, government relations, community relations, and corporate philanthropy.
Since joining Hertz in 2000, Rich has made solid contributions to the executive team by helping plan and execute a global communication strategy ensuring all employees are fully informed about the transformation underway at Hertz, and to ensure the management team understands and can act on employee concerns. Rich continues to successfully manage efforts to ensure our businesses receive fair treatment in legislative bodies, especially in the U.S and Brussels. He and his team also build better awareness in the media of our story from consumer and investor perspectives.
Prior to joining Hertz, Rich served as Vice President, Government Relations and Communications for Selective Insurance Group. He also served as counsel at Aetna and the Connecticut Business and Industry Association. Rich has a B.A. from Bates College and a J.D. from the University of Connecticut School of Law, and he is a member of the Connecticut Bar.
Building on Florida's success in winning ...
janusinstitute.org, 7 Aug 2014 [cached]
Building on Florida's success in winning competitive projects, Richard Broome, Executive Vice President of Corporate Affairs and Communications for The Hertz Corporation, spoke about the company's experience since announcing their headquarters relocation.
A capacity crowd of 83 at ...
www.naplespressclub.org, 4 Feb 2015 [cached]
A capacity crowd of 83 at the January Naples Press Club luncheon heard Richard Broome, Hertz Executive Vice President, Corporate Affairs and Communication, talk about the current challenges facing corporate Hertz.
Broome said Hertz wants to be a good corporate citizen in Collier and Lee Counties, and in the world at large, and that Hertz has experienced a fantastic reception in Southwest Florida since the company announced (in 2013) that they would be moving its corporate headquarters to Estero, Fla., from Park Ridge, New Jersey.
...
Broome reported that three of Ichan's people are now on the new Hertz board, and that Ichan wants Hertz to be successful and that he will work to achieve that.
...
"John has set an example to the rest of us regarding if you have to make a change, make it quickly, humanely and then move on," Broome said.
...
"They were control issues," Broome said. "We need to make sure what all the problems are, deal with them and move on. Currently, Hertz is under an accounting review because of those financial errors, so there is a total blackout period of any information sharing.
Broome said Hertz is looking at 2015 as a year of transition and getting better, and that 2016 is the year when Hertz will hit its stride.
He closed his presentation by saying, "We're committed to being in Estero. Our employees love being down here in Florida. Those that moved here have found communities, homes and schools that suit their needs, and they are happy, especially with the great Florida weather."
During the question and answer session, Broome answered questions about the tax incentives Hertz received to relocate to Florida, which equals $14 million from the state of Florida, Enterprise Florida and Lee County. Over 20 years, that will increase to a $100 million incentive package, primarily in tax relief.
In answering a question about the core business vs. diversification, Broome answered: "We are aware of other models such as Uber Ride Sharing, etc., but first we want to get our core rental business fundamentals right. Internationally, Broome said that Hertz's North American business is three to four times the size of its Western European business, followed by the growing business in New Zealand and Brazil.
...
When asked about how falling gas prices affect Hertz's main business, Broome answered: "People have more money to spend, take more vacations, etc."
In answering the question about Hertz's current business plan, Broome said: "We're refreshing our fleet and bringing in younger cars. Cars are our biggest cost, about $7 million/year, and our second biggest cost is labor. The airport business is our largest and most profitable; our off-airport business is the second largest."
The subject of the new president was raised, and Broome said: "We first need to work internally to get the management team and processes in place.
...
Answering a question about his specific job, Broome said, "Ideally, all media and the public and the stockholders are informed at the same time-that is our plan.
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