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Enterprise Holdings, the world’s largest vehicle rental business, has appointed Chrissy Taylor as its new chief executive officer.

She is the third generation to take the CEO title at the family-owned business (the role was also held by her father Andy Taylor and grandfather Jack Taylor, who founded the company) and will also retain her previous responsibilities as company president.

She replaces Pam Nicholson, who retired last year after seven years as CEO.

Taylor (pictured) will oversee global strategy and operations for Enterprise Holdings, which along with its affiliate Enterprise Fleet Management, offers car rental, carsharing, truck rental, fleet management, retail car sales and other transportation services.

The company owns and operates Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car through its global network of independent regional subsidiaries.

The business has annual revenues of $25.9 billion and through its affiliates owns more than 2 million cars and trucks.

The Enterprise Holdings global network operates in 100 countries and territories, with 10,000 locations. Its customers drive more than 30 billion miles worldwide every year.

Taylor will become one of the highest-ranking women among the world’s largest travel companies and one of the top female CEOs across all industries, based on company revenue.

She began her career by joining the Enterprise Rent-A-Car management training program, working in the field at several different rental locations.

In 2003, she moved to Enterprise’s corporate headquarters to oversee regional operations throughout the US.

In 2006, she relocated to London to further develop Enterprise’s market in the UK, Germany and Ireland.

After receiving her executive MBA from Washington University in St. Louis in 2010, Taylor joined Enterprise Holdings’ treasury group, where she assisted in the financial restructuring of the company’s fleet management business.

She was named executive vice-president and chief operating officer in 2016 and president in 2019.

Taylor said: “It is an incredible honour to be named CEO and lead our talented team of employees.

“I’m grateful for the outstanding leaders who have entrusted me to build on their accomplishments and fully committed to ensuring the business is successful for another 62 years and beyond.”

Taylor serves on the board of her family’s foundation, the Crawford Taylor Foundation, and will continue to serve as a member of the corporate board of Enterprise Holdings.