Executives at car rental company Hertz are moving to new headquarters in southwest Florida.
Hertz Chairman and CEO Mark Frissora will be among the company executives starting work Monday at temporary offices in Naples.
The company's vice president of corporate affairs says that it's an important milestone. Hertz plans to build a $68 million campus in Estero. Employees will work at the leased offices in Naples until the new headquarters is finished in 2015.
Hertz plans to relocate 300 to 400 workers from New Jersey, Oklahoma and other locations to Estero. It plans to hire another 300 to 400 workers locally over the next two years.
Last month, Hertz cut its full-year profit and revenue outlook citing weaker demand for airport car rentals of its namesake brand.