Hertz awards over $16 million in retention bonus to key executives

(Reuters) - U.S. car rental company Hertz Global Holdings said on Tuesday it has paid about $16.2 million (£13.11 million) in retention bonuses to a range of key executives at the director level and above, days after the company filed for bankruptcy protection.The company paid President and Chief Executive Officer Paul Stone $700,000, and Executive Vice President and Chief Financial Officer Jamere Jackson $600,000 as retention bonuses, Hertz said in a filing to the U.S. regulators.Last week,..