Robert L. Stone
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Robert L. Stone
Robert L. Stone (December 19, 1921 – January 28, 2009) was an American business executive who served as chief executive officer of The Hertz Corporation and ran the television division at Columbia Pictures. Born in New York City on December 19, 1921, Stone served in the United States Army Air Forces during World War II, where he enlisted in 1942.Via '' Associated Press''"Robert L. Stone, 87, dies; former Hertz Corp. executive hired O.J. Simpson for famous TV ads" '' Los Angeles Times'', February 2, 2009. Accessed February 2, 2009. As a bombardier, he flew 40 combat missions in the Pacific and was awarded the Distinguished Flying Cross and the Air Medal.Meier, Barry"Robert L. Stone, 87, Who Oversaw Rapid Growth at Hertz, Dies" '' The New York Times'', January 30, 2009. Accessed February 2, 2009. Stone was hired by a management consulting firm in 1946, after leaving his military service. In 1951, he was hired by the American Broadcasting Company, where he ultimately ...
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The Hertz Corporation
The Hertz Corporation is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental. It is one of the three big rental car holding companies in the United States, holding a 36% market share, placing it ahead of both Enterprise Holdings and the Avis Budget Group. As one of the largest worldwide vehicle rental companies by sales, locations, and fleet size, Hertz operates in 160 countries in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Hertz was ranked 326th in the 2020 ''Fortune'' 500 list. The company filed for bankruptcy on May 22, 2020, citing a sharp decline in revenue and future bookings caused by the COVID-19 pandemic. As of December 31, 2021, the company had revenues of $7.3 billion, assets of $19.7 billion, and 23,000 employees. As of July 1, 2021, the company is no longer in Chapt ...
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NBC Red Network
The National Broadcasting Company's NBC Radio Network (known as the NBC Red Network prior to 1942) was an American commercial radio network which was in operation from 1926 through 2004. Along with the NBC Blue Network it was one of the first two nationwide networks established in the United States. Its major competitors were the Columbia Broadcasting System (CBS), founded in 1927, and the Mutual Broadcasting System, founded in 1934. In 1942, NBC was required to divest one of its national networks, so it sold NBC Blue, which was soon renamed the American Broadcasting Company (ABC). After this separation the Red Network continued as the ''NBC Radio Network''. In 1987 NBC sold its remaining radio network operations to Westwood One, which continued using NBC identification for some of its programming until 2014. Beginning in 2016, NBC Radio News has been distributed in conjunction with iHeartMedia. Early history WEAF chain The 1926 formation of the National Broadcasting Company ...
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