The Hertz Corporation Partners with the Hertz Foundation to Sponsor 2019 Fellow

LIVERMORE, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Research?src=hash” target=”_blank”gt;#Researchlt;/agt;–In 1957, John Hertz – the name forever identified with The Hertz
Corporation – created a foundation with a simple mission: advance
groundbreaking applied science and engineering that would benefit the
country and humanity.

Now more than 60 years later, the global rental car company and the
independent foundation will jointly advance this mission with The Hertz
Corporation’s sponsorship of a 2019 Hertz Foundation Fellow. This is the
first partnership between the company and the foundation established by
John Hertz.

“We are proud to join The Hertz Corporation in advancing science and
knowledge in ways that will benefit humanity for generations to come,”
said Robbee Baker Kosak, president of the Fannie and John Hertz
Foundation. “It’s a partnership with special meaning, knowing we are
also jointly advancing the legacy of John Hertz – a man who in business
and life, so greatly valued innovation.”

The Hertz Foundation Fellowship empowers the nation’s most promising
young scientists, engineers, and mathematicians by granting five-year
PhD fellowships that offer freedom to pursue innovative research
wherever it may lead. With this grant, The Hertz Corporation will
provide $250,000 to ensure that a Fellow’s research is fully funded for
five years.

“We’re delighted to partner with the Hertz Foundation with whom we share
a deep-rooted focus on education and innovation,” said Kathryn
Marinello, president and CEO of The Hertz Corporation. “We strongly
believe that the future of our industry and society depends on investing
in educational opportunities that will help advance technology and
scientific discoveries. Through this Fellowship, we look forward to
supporting the next generation of big thinkers and risk-takers.”

The company joins the Bill & Melinda Gates Foundation, Google, Draper,
and hundreds of individuals in supporting the most prestigious graduate
fellowship in the United States.

The recipient of the first Hertz Corporation Fellowship is Bailey
Flanigan, a 2019 Hertz Foundation Fellow who recently graduated from the
University of Wisconsin-Madison with a degree in biomedical engineering.
Bailey will start her graduate studies in theoretical computer science
at Carnegie Mellon University this fall.

“Bailey exemplifies the traits we look for in a Hertz Fellow,” Kosak
said. “She is a creative and multi-talented thinker who draws from her
unique academic background to push the traditional boundaries of
research to make a societal impact.”

Flanigan is interested in combining approaches from computer science,
economics, and the physical sciences to study topics ranging from tumor
genetics to data privacy. She is also a committed teacher who believes
that educating others helps make her a better scientist. “When I teach
on topics related to my research, I see the material I’m researching
through the eyes of my students,” Flanigan said. “That fresh perspective
can often lead to new ideas.”

The Fannie and John Hertz Foundation and The Hertz Corporation trace
their roots to John D. Hertz, the entrepreneurial Hungarian immigrant
who upended transportation in the United States through his businesses,
which made car travel more accessible and affordable. With the founding
of the Hertz Foundation in 1957, he passionately supported the critical
early-stage research endeavors of science, engineering, and mathematics
students who possess the potential to change our world for the better by
solving difficult, real-world problems. John Hertz and his wife donated
most of their fortune to the Foundation.

Marinello believes John Hertz would have been pleased that two of his
most enduring creations have partnered to foster the education and
training of the nation’s most outstanding scientists and engineers.
“John Hertz had a talent for spotting good opportunities and investing
in them,” Marinello said. “With The Hertz Corporation Fellowship, we are
doing the same by investing in this generation’s most promising young
minds.”

Flanigan is one of eleven new Hertz Foundation Fellows announced today.
For more, visit: https://hertzfoundation.org/news/pressrelease/1534/Fannie-and-John-Hertz-Foundation-Announces-2019-Graduate-Fellows

ABOUT THE FANNIE AND JOHN HERTZ FOUNDATION

The Fannie and John Hertz Foundation is dedicated to advancing
groundbreaking applied science with real-world benefits for all
humanity. There are over 1,200 Hertz Fellows, and over six decades
Fellows have been honored with the Nobel Prize, the National Medal of
Science, the Turing Award, the Breakthrough Prize, and the MacArthur
“genius” Fellowship. They are also leaders in business and industry
whose accomplishments include developing groundbreaking diagnostics and
treatments for disease, new innovations for energy creation and storage,
novel tools for exploring Earth and space, and creating new
supercomputer designs. Fellows have founded more than 200 companies and
hold more than 3,000 patents. Forty-one Fellows are members of the
National Academies of Science, Engineering and Medicine.

ABOUT HERTZ

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc.,
operates the Hertz, Dollar, Thrifty and Firefly vehicle rental brands in
approximately 10,200 corporate and franchisee locations throughout North
America, Europe, The Caribbean, Latin America, Africa, the Middle
East, Asia, Australia and New Zealand. The Hertz Corporation is one of
the largest worldwide rental companies, and the Hertz brand is one of
the most recognized in the world. Product and service initiatives such
as Hertz Gold Plus Rewards, Ultimate Choice, Carfirmations, Mobile Wi-Fi
and unique vehicles offered through its specialty collections set Hertz
apart from the competition. Additionally, The Hertz Corporation owns the
vehicle leasing and fleet management leader Donlen, operates the Hertz
24/7 car sharing business in international markets, and sells vehicles
through Hertz Car Sales. For more information about The Hertz
Corporation, visit: www.hertz.com.

Contacts

Fannie and John Hertz Foundation
James Cohen
Peterson Rudgers
Group
Email: jcohen@petersonrudgersgroup.com

The Hertz Corporation
Media Relations
Mediarelations@hertz.com