Industry & Services >> CEO Interviews >> October 30, 2000

Michael Karsner – Anc Rental Corporation (ancx)

Over the last two decades, MICHAEL S. KARSNER has made a big impact behind the scenes at several well-known Fortune 500 companies ' AutoNation, Dole Food Company, The Black & Decker Corporation and Citicorp, among others. Now, as President and Chief Executive Officer at ANC Rental Corporation since November 1999, he sits in the driver's seat for the first time. Mr. Karsner previously served as Senior Vice President and Chief Financial Officer for AutoNation, Inc., formerly Republic Industries, for three years. From 1994 to 1996, Mr. Karsner served in a similar capacity as Senior Vice President and Chief Financial Officer at Dole Food Company, the world's largest producer and marketer of high-quality fresh fruits and vegetables, as well as an internationally recognized marketer of packaged foods. Before 1994, he honed his financial, marketing and operating skills in management positions with The Black & Decker Corporation, Citicorp and United Parcel Service. Mr. Karsner holds a Master of Science degree in Finance from Loyola College in Towson, Maryland, a Bachelor of Science degree in Accounting and an MBA degree in Marketing from the University of Baltimore. Profile
TWST: Could we start out with a quick history of ANC Rental?

Mr. Karsner: On July 3 we became an independent public company trading

on NASDAQ under the stock symbol ANCX. Previously, we were a