Hertz Global Holdings, Inc. announced that Evelina Vougessis Machas has joined its Board of Directors, effective September 30, 2021. She is an accomplished executive in the European financial industry with proven success raising capital and leading teams through corporate transformations, Hertz said in a press release.

Ms. Vougessis Machas is the Co-Founder and CEO of Moneikos Global Asset Management, an independent asset management company based in Monaco. She is also the co-founder of MaxInvest Holdings, a single-family office that invests in startups and early-stage companies.

Greg O’Hara, Chairman of the Board, said, “It’s a pleasure to welcome Evelina Vougessis Machas to our Board of Directors as we continue building a bright future at Hertz. Her demonstrated success in the European financial sector and expertise in leading corporate transformations are core strengths that will support the company’s global efforts to lead the future of mobility and travel while delivering value for our customers and shareholders.”

With the appointment, Hertz’s Board of Directors will consist of nine directors.

Ms Vougessis Machas was instrumental in standing up Moneikos Global Asset Management as an independent entity and spearheaded the company’s current strategic plan. Prior to that, she served as Investor Relations and Strategy Director at Marfin Popular Bank Group as well as Marfin Investment Group, a multi-billion pan-European investment company headquartered in Greece, where she raised millions in capital. She was also recognized as the Best IR Manager in Greece for her position as Investor Relations Manager at Commercial Bank of Greece, a subsidiary of Credit Agricole Bank of France. She started her career as a research analyst in ABN AMRO Equities London, a subsidiary of ABN AMRO BANK Group.

Ms Vougessis Machas holds a M.Sc in International Securities, Investments and Banking (Hons.) from the ISMA Centre of the University of Reading, United Kingdom and a BA in Economics from the American College of Greece.

Editor’s note: Hertz came out of Chapter 11 bankruptcy earlier this year, following a disastrous period during the coronavirus pandemic, by raising equity funds from outside investors.

PHOTO: The Hertz desk at Nice Airport during the pandemic Reuters