Avis Budget Group, Inc. (CAR)

183.91 -0.06 (-0.03%) As of 10:19AM EDT. Market open.

Avis Budget Group, Inc.

6 Sylvan Way
Parsippany, NJ 07054
United States
973 496 4700
https://www.avisbudgetgroup.com

Sector(s): Industrials
Industry: Rental & Leasing Services
Full-time employees: 16,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Bernardo Vieira Hees	Non-Independent Exec. Chairman	1.51M	N/A	1970
Mr. Joseph A. Ferraro	CEO & Pres	3.59M	N/A	1957
Mr. Brian J. Choi	Exec. VP & CFO	1.27M	N/A	1983
Mr. Patrick Rankin	Pres of International	1.46M	N/A	1970
Mr. David T. Calabria	Treasurer & Sr. VP of Corp. Fin.	N/A	N/A	1975
Mr. Gerard Insall	Chief Information Officer & Exec. VP	N/A	N/A	N/A
Ms. Jean M. Sera	Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.	N/A	N/A	1970
Ms. Vanessa Wolczak	Head of Marketing	N/A	N/A	N/A
Mr. Edward P. Linnen	Chief Human Resource Officer & Exec. VP	N/A	N/A	1970
Ms. Izilda P. Martins	Exec. VP of Americas	N/A	N/A	1971

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

Corporate governance

Avis Budget Group, Inc.’s ISS governance QualityScore as of 1 February 2023 is 2. The pillar scores are Audit: 1; Board: 6; Shareholder rights: 3; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.