Herc Names Aaron Birnbaum as CEO

MT newswire2026/10/26 13:06

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09:06 AM EDT, 10/26/2026 (MT Newswires) -- Herc (HRI) said Monday that Aaron Birnbaum, currently president, has been named CEO, effective Jan. 1, 2027, succeeding Larry Silber, who will transition to executive chairman. Birnbaum will remain president and join the company's board, Herc said. Birnbaum was named president in January after serving as chief operating officer since 2020, the company said.

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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31