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Avis Budget Group, Inc. (CAR)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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138.25-0.70 (-0.50%)
At close: 04:00PM EDT
137.11 -1.14 (-0.82%)
After hours: 07:44PM EDT

Avis Budget Group, Inc.

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

Sector(s)Industrials
IndustryRental & Leasing Services
Full-time employees16,000

Key executives

NameTitlePayExercisedYear born
Mr. Bernardo Vieira HeesNon-Independent Exec. Chairman1.51MN/A1970
Mr. Joseph A. FerraroCEO & Pres3.59MN/A1957
Mr. Brian J. ChoiExec. VP & CFO1.27MN/A1983
Mr. Patrick RankinPres of International1.46MN/A1970
Ms. Cathleen DeGenovaVP & Chief Accounting OfficerN/AN/A1962
Mr. David T. CalabriaTreasurer & Sr. VP of Corp. Fin.N/AN/A1975
Mr. Gerard InsallChief Information Officer & Exec. VPN/AN/AN/A
Ms. Jean M. SeraSr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.N/AN/A1970
Ms. Vanessa WolczakHead of MarketingN/AN/AN/A
Ms. Beth KinerkSr. VP of SalesN/AN/AN/A
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 September 2022 is 4. The pillar scores are Audit: 4; Board: 7; 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.