Enterprise Rent-A-Car has named Pamela M Nicholson, 48, as the family-owned company's president. It is a move that is widely seen as preparing Nicholson to succeed second-generation chairman and CEO Andrew C Taylor as head of North America's largest rental car company.
Nicholson (pictured) is the fourth person, and only second executive outside the Taylor family, to serve as the 51-year-old company's president. She follows in the footsteps of founder Jack C Taylor, his son, Andy, and Donald L Ross, whom she replaces.
"Enterprise has a long tradition of developing our own managers and promoting from within," said Andy. "Our family is fortunate to have someone with Pam Nicholson's skills and experience to succeed Don Ross as the president of our company.
"Pam and Don have been members of our management team for 27 years and 43 years, respectively," he continued. "Just as important, the two have worked together for more than 20 years, which will ensure a seamless transition."
Nicholson will retain her role as Enterprise's chief operating officer and a member of the board of directors of Crawford Group, Enterprise's parent company. Missouri-based Enterprise is privately held and generates annual revenues in excess of $12 billion.
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