CAR - Avis Budget Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Avis Budget Group, Inc.

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

SectorIndustrials
IndustryRental & Leasing Services
Full Time Employees21,600

Key Executives

NameTitlePayExercisedYear Born
Mr. Ronald L. NelsonExec. Chairman1.02MN/A1953
Mr. Larry D. De ShonPres, CEO & Director2.78MN/A1960
Mr. Mark J. ServodidioPres of International3.1MN/A1966
Mr. Joseph A. FerraroPres of Americas933.14kN/A1957
Mr. Martyn SmithInterim Chief Financial OfficerN/AN/A1957
Amounts are as of December 31, 2016 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 worldwide. It operates the Avis brand, a vehicle rental system with approximately 5,450 locations that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget brand, a vehicle rental and other mobility solutions primarily focuses on the value-conscious segments of the industry; the Zipcar brand, a membership-based car sharing network; and the Budget Truck brand, a local and one-way truck rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of approximately 925 dealer-operated and 450 company-operated locations that serve the consumer and light commercial sectors in the continental United States. The company also operates the Payless brand, which comprises approximately 280 vehicle rental locations; the Apex brand that primarily in the deep-value segment of the car rental industry with approximately 25 rental locations in New Zealand and Australia; and the Maggiore brand that provides vehicle rental services in approximately 140 locations, as well as the France Cars brand, which offers light commercial vehicle fleets with approximately 70 rental locations in France. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance products. 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 April 1, 2018 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 5; Compensation: 2.

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.