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    Avis Budget Group, Inc. (CAR)

    38.95 Down 0.33(0.84%) Nov 27, 1:00PM EST
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    Avis Budget Group, Inc.
    6 Sylvan Way
    Parsippany, NJ 07054
    United States - Map
    Phone: 973-496-3500
    Website: http://www.avisbudgetgroup.com

    Index Membership:N/A
    Industry:Rental & Leasing Services
    Full Time Employees:22,500

    Business Summary 

    Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. It operates the Avis car rental system with approximately 5,450 locations, that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget vehicle rental system with approximately 3,500 car rental locations, which serve the value-conscious segments of the industry; and Zipcar, a membership-based car sharing network that provides vehicles to approximately 915,000 members. The company also operates the Payless brand, which comprises approximately 160 vehicle rental locations, as well as operates Apex brand primarily in the deep-value segment of the car rental industry with approximately 19 rental locations. In addition, it is involved in the local and one-way truck rental businesses with a fleet of approximately 23,000 trucks, which are rented through a network of approximately 1,150 dealers and 400 company-operated locations that serve the consumer and light commercial sectors. Further, the company provides a range of optional insurance products and coverages, such as supplemental liability insurance, personal accident insurance, personal effects protection, automobile towing protection, and cargo insurance. Avis Budget Group, Inc. was founded in 1946 and is headquartered in Parsippany, New Jersey.

    Key Statistics

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    Corporate Governance 
    Avis Budget Group, Inc.’s ISS Governance QuickScore as of Nov 1, 2015 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 2; Compensation: 2.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Ronald L. Nelson , 62
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    Mr. Larry D. De Shon , 55
    Pres, Chief Operating Officer and Director
    Mr. David B. Wyshner , 47
    Global Chief Financial Officer and Sr. Exec. VP
    Mr. David T. Calabria , 40
    Chief Accounting Officer and Sr. VP
    Mr. Gerard Insall ,
    Chief Information Officer and Exec. VP
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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