Spirit Airlines CFO Scott Haralson Joins Hertz Amid Financial Overhauls

Haralson to lead Hertz's cost-cutting initiatives as Spirit Airlines seeks to restructure debt and avoid bankruptcy.

Scott Haralson will become Hertz's CFO by the end of June, succeeding Alexandra Brooks.
Hertz plans to sell 30,000 electric vehicles after incurring high maintenance costs and poor rental uptake.
Spirit Airlines names Brian McMenamy as interim CFO starting June 14.
Both companies are undergoing significant financial restructuring and cost-cutting measures.
Hertz CEO Gil West, also an airline industry veteran, aims to stabilize the rental car company.