U.S. Markets closed

Avis Budget Group, Inc. (CAR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
37.00+2.21 (+6.35%)
At close: 4:00PM EST

37.49 +0.49 (1.32%)
After hours: 7:59PM EST

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 Employees21,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Joseph A. FerraroCEO & Pres1.88MN/A1957
Mr. Edward P. LinnenChief Human Resource Officer & Exec. VP957.71kN/A1970
Mr. John F. North IIIAdvisor1.72MN/A1978
Mr. Patrick Keith RankinPres of International Region714.5kN/A1970
Mr. Bernardo Vieira HeesExec. ChairmanN/AN/A1970
Mr. Brian J. ChoiChief Financial OfficerN/AN/A1983
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
Amounts are as of December 31, 2019 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 575 dealer-operated and 420 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 Payless, Apex, Maggiore, Morini Rent, FranceCars, and Turiscar. 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, chauffeur drive services, 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 5,500 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 November 1, 2019 is 6. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 3; Compensation: 9.

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.