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Avis Budget Group, Inc. (CAR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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100.00+5.89 (+6.26%)
At close: 4:00PM EDT
100.05 +0.05 (0.05%)
After hours: 07:39PM EDT

Avis Budget Group, Inc.

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

Sector(s)Industrials
IndustryRental & Leasing Services
Full Time Employees15,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Bernardo Vieira HeesNon-Independent Exec. Chairman402.56kN/A1970
Mr. Joseph A. FerraroCEO & Pres1.71MN/A1957
Mr. Brian J. ChoiExec. VP & CFO172.71kN/A1983
Ms. Izilda P. MartinsExec. VP of Americas918.39kN/A1971
Mr. Patrick RankinPres of International595.98kN/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
Amounts are as of December 31, 2020 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.

Description

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers. It operates the Avis brand, a vehicle rental system that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 515 dealer-operated and 410 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 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 10,600 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 July 1, 2021 is 4. The pillar scores are Audit: 1; Board: 6; 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 a 10 indicates higher governance risk.