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

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 re ...

Early life

Kathryn Marinello was born on June 2, 1956. She studied at

Lund University , motto = Ad utrumque , mottoeng = Prepared for both , established = , type = Public research university , budget = SEK 9 billion State University of New York at Albany The State University of New York at Albany, commonly referred to as the University at Albany, UAlbany or SUNY Albany, is a public research university with campuses in Albany, Rensselaer, and Guilderland, New York. Founded in 1844, it is one ...

in 1978, and a Masters of Business Administration from Hofstra University in

Hempstead, New York The Town of Hempstead (also known historically as South Hempstead) is the largest of the three towns in Nassau County (alongside North Hempstead and Oyster Bay) in the U.S. state of New York. It occupies the southwestern part of the county, on ...

in 1983.

Career

Marinello's senior positions have varied among companies - ranging from automotive, consumer marketing, banking, business services, technology and executive management. She was named president and CEO of the Electronic Payments Group at

First Data Corporation First Data Corporation is a financial services company headquartered in Atlanta, Georgia, United States. The company's STAR Network provided nationwide domestic debit acceptance at more than 2 million retail POS, ATM, and Online outlets for nea ...

in 1995, which provided electronic banking, commerce, and debit and commercial processing to the financial services industry. Marinello has served in senior financial leadership positions at

US Bank U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution ...

, Chemical Bank (now

JPMorgan Chase JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...

), Citibank and

Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

General Electric

Marinello joined

General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable en ...

in 1997 as president of

GE Capital GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. ...

Consumer Financial Services and executive vice president of GE Card Services in

Cincinnati, Ohio Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line wi ...

. 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). Marinello's role as president and CEO of GE Fleet Services included managing over 3,000 employees in 20 countries.

Stream Global Services

Upon leaving Ceridian, Marinello was elected chairman and CEO of Stream Global Services in

Eagan, Minnesota Eagan ( ) is a city in Dakota County, Minnesota, Dakota County, Minnesota. It is south of Saint Paul, Minnesota, Saint Paul and lies on the south bank of the Minnesota River, upstream from the confluence with the Mississippi River. Eagan and the ...

from August 2010 to 2014, succeeding founder R. Scott Murray, who intended to pursue other business interests.

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.

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. 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. Marinello oversees 9,700 corporate and franchise rental car locations in 150 countries. Marinello led Hertz Global Holdings, Inc. and various subsidiaries including: *

in Estero, Florida * Dollar Thrifty Automotive Group, Inc. - which separates into

Thrifty Car Rental Thrifty Car Rental is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Thrifty is owned by The Hertz Corporation, along with other agencies including Hertz Rent A Car and Dollar Re ...

and

Dollar Rent A Car Dollar Rent A Car (formerly known as Dollar A Day Rent A Car) is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Dollar is owned by The Hertz Corporation, along with other agen ...

. *

Donlen Corporation Donlen LLC is an American fleet leasing and management company headquartered in Bannockburn, Illinois, a suburb of Chicago. With offices throughout the U.S. and Canada, the company provides consultation, maintenance, and outsourcing for corporate ...

Bannockburn, Illinois Bannockburn is a village in West Deerfield and Vernon townships in Lake County, Illinois, United States. Per the 2020 census, the population was 1,013. The village is generally considered part of the Chicago area's North Shore region. The Fri ...

In May 2020, Marinello resigned and was replaced by

Paul Stone Paul Stone (born 1968/1969) is an American businessman, and the president and chief executive officer (CEO) of The Hertz Corporation since May 2020. Stone spent 28 years of his career with Walmart as a store manager rising to Western US divisio ...

as president and CEO of Hertz, with immediate effect.

PODS

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

Board memberships

* MasterCard's U.S. board from 1996 to 2002 * Ceridian Board of Directors from 2006 to 2010 * General Motors Board of Directors - July 2009-January 2017 * Independent member of AB Volvo's Board of Directors since April 2014 * Thrivent Financial Board of Directors in August 2014 * Member of the Supervisory Board at The Nielsen Company from 2014 to 2017 * RealPage, Inc. from 2015 to 2017

Awards and recognition

* 2006 - Named “Industry Leader” by The Minneapolis/St Paul Business Journal at its 9th annual Women in Business awards event. * 2006 - 20th highest-paid woman in a CEO position (US$8.5 million) * 2007 - Featured in Fortune Magazine's ranking of America's leading businesswomen * 2008 - Member of The Business Roundtable * 2016 - One of Fortune 500's 24 female chief executives * 2017 - Added to Fortune 500's list of women CEOs - coming in at number 20 in 2017. * 2018 - Listed in Fortune's list of Most Powerful Women

Personal life

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

References

{{DEFAULTSORT:Marinello, Kathryn 1956 births Living people People from Apple Valley, Minnesota University at Albany, SUNY alumni Hofstra University alumni Lund University alumni General Electric people Ceridian people American women in business American chief executives of Fortune 500 companies American women chief executives 21st-century American women