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Avis Budget Group, Inc. (CAR)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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191.03+1.91 (+1.01%)
At close: 04:00PM EST
190.40 -0.63 (-0.33%)
After hours: 07:28PM EST

Avis Budget Group, Inc.

6 Sylvan Way
Parsippany, NJ 07054
United States
973 496 4700

IndustryRental & Leasing Services
Full-time employees18,500

Key executives

NameTitlePayExercisedYear born
Mr. Bernardo Vieira HeesNon-Independent Executive Chairman1.02MN/A1970
Mr. Joseph A. FerraroCEO & President4.81MN/A1957
Mr. Brian J. ChoiExecutive VP & CFO1.69MN/A1983
Ms. Izilda P. MartinsExecutive Vice President of Americas1.69MN/A1971
Mr. Ravindra SimhambhatlaExecutive VP and Chief Digital & Innovation Officer1.02MN/A1968
Ms. Cathleen DeGenovaVP & Chief Accounting OfficerN/AN/A1962
Mr. David T. CalabriaTreasurer & Senior VP of Corporate FinanceN/AN/A1975
Ms. Jean M. SeraSenior VP, General Counsel, Chief Compliance Officer & Corporate SecretaryN/AN/A1970
Ms. Vanessa WolczakHead of MarketingN/AN/AN/A
Mr. Edward P. LinnenChief Human Resource Officer & Executive VP957.71kN/A1970
Amounts are as of 31 December 2022, 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.


Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. 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 19,000 vehicles, which are rented through a network of approximately 415 dealer-operated and 390 company-operated locations that serve the light commercial and consumer 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, Morini Rent, 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 customers. 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 December 2023 is 4. The pillar scores are Audit: 2; Board: 8; Shareholder rights: 3; Compensation: 4.

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.