avis budget group ceo

Barloworld is a distributor of leading global brands, providing integrated rental, fleet management, product support and logistics solutions – and a licensee partner of Avis Budget Group. Previously, Mr. De Shon spent 28 years at the predecessor company of Please update the terms and condition section to go to Avis Preferred status. All Rights Reserved. On 14 March 2013, Avis Budget Group purchased Zipcar for about US$500 million in cash. Prior to this, Mr. Ferraro served as President, Americas, for Avis Budget Group. PARSIPPANY, N.J., May 28, 2019 — Avis Budget Group, Inc. (NASDAQ: CAR) today announced the planned departure of President and Chief Executive Officer Larry De Shon after a 13-year career with the Company. 100 Lighting Way Secaucus, NJ 07094-3626 USA | Telephone: (201) 902-2000, Last updated: 11:32 AM ET, Tue June 16 2020. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at avisbudgetgroup.com. Mr. Rankin joined the Company in June 2019 from Barloworld in South Africa, where he held the position of Chief Executive for the automotive division since March 2015. The Company also announced that Bernardo Hees, who has been serving as Independent Chairman of the Board, has been named Executive Chairman. Please try again later or contact Customer Care for further assistance. “Over the past few months, our ability to act quickly to reposition the business for success is a testament to the outstanding work and dedication of all our employees. For full Avis and Amazon benefits, after logging in with Amazon you'll need to log in to Avis and link your accounts. {{trips.toCode}}. BOARD MEMBERSHIPS--INDUSTRY. She earned a Bachelor of Science degree in Accounting and a Juris Doctor Degree from Seton Hall University in New Jersey. On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. In this role, he is responsible for overall leadership of the company’s international region, which includes Europe, the Middle East, Africa (EMEA), Asia, Australia and New Zealand. Days. https://www.wsj.com/articles/avis-budget-chief-executive-to-depart-11559047832. During Mr. De Shon’s tenure, Avis sought to remake its business of renting out vehicles and tie itself to changes rippling through the transportation sector. I look forward to continuing to partner with Joe to position the Company for long-term performance.”, “I’m honored to serve as the CEO of Avis Budget Group, a company where I have spent most of my career, and I deeply appreciate the trust the Board and my colleagues have placed in me,” said Mr. Ferraro. {{features.value}} litres, Current Fuel Almost done! {{rentalHistory.confirmationNumber}}, {{rentalHistory.pickLoc.name+', Investor Contact: Check out Alaska Railroad's Winter Travel Packages & Day ... Don’t Miss the Chance to see Alaska’s Most ... 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About Avis Budget GroupAvis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network with more than one million members. Mr. Rankin began his career at Avis in 1998 and was appointed Chief Executive of Avis Car Rental Southern Africa in 2004. to service its self-driving cars in Alphabet’s Waymo unit. Destination & Tourism, The Safest Airlines in the Time of COVID-19 {{features.value}} litres, Confirmation: Avis Budget Group Inc. has launched an effort to find a new leader after its chief executive said he would leave the rental-car company. {{features.value}} Gal Together with our outstanding management team, Larry has built a strong foundation for growth and continued success. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. Leonard S. Coleman, Chairman of the Board, stated: “On behalf of the Board and the entire team, I’d like to thank Larry for the many contributions he has made to Avis Budget Group since he joined the Company in 2006, and for his exceptional leadership as CEO for the last four years. Avis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members. Only {{vm.customerData.profCompStep}} step to go between you and Avis Preferred status. In 2011, Avis Budget Group acquired Avis Europe, an independently-owned company licensee, globally reuniting the Avis and Budget brands. In this role, Ms. Sera is responsible for the Company’s global Legal Department, which includes the Compliance function. Maintenance updates are in progress. Ganda joined the Barloworld Group in 2017 as Chief Financial Officer of Barloworld Equipment: Rental and Used, and Executive Head of Business Services, before moving to her current position. Our fast-paced setting, supportive management and collaborative culture will keep you engaged, motivated and always moving forward. CAR 1.23% The Investor Relations website contains information about Avis Budget Group's business for stockholders, potential investors, and financial analysts. David Calabria Mr. Ferraro, a long-time Avis Budget executive, most recently spent five years as President of the Americas division, where he was responsible for the Company’s Avis, Budget, Payless and Zipcar brands in North and South America, including Latin America and the Caribbean. GOOG 0.25% Ms. Sera has a BA from the University of New Hampshire and a JD from Boston University. Eric Bowman, Catamaran Sailing in the British Virgin Islands Joe Ferraro is President/CEO at Avis Budget Group Inc. See Joe Ferraro's compensation, career history, education, & memberships. Contacts Accordingly, actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. Prior to this, Mr. Ferraro served as President, Americas, for Avis Budget Group. Alaska Railroad, Don’t Miss the Chance to see Alaska’s Most ... Avis Budget Group Destination & Tourism, America's Safest Airports in the Time of COVID-19 United Continental Holdings Inc. “Larry has played an instrumental role in positioning Avis Budget for the future of mobility, while navigating through unprecedented industry challenges,” Leonard Coleman, chairman of the Avis board, said in prepared remarks. The Company also announced that Bernardo Hees, who has been serving as Independent Chairman of the Board, has been named Executive Chairman. Airlines & Airports, Copyright © 2020 Northstar Travel Media, LLC. Various risks that could cause future results to differ from those expressed by the forward-looking statements included in this press release include, but are not limited to, the severity and duration of the COVID-19 outbreak and related travel restrictions, the ability or desire of people to travel due to travel restrictions and stay-at-home and other similar orders, the possibility of future waves of coronavirus infections and the other factors described in the “Risk Factors” and “Forward-Looking Statements” sections of Avis Budget Group’s Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the three months ended March 31, 2020. Donald Wood Prior to this, Mr. Ferraro served as President, Americas, for Avis Budget Group. Location services must be enabled to choose your PR@avisbudget.com Click here to learn more. Car Rental & Rail, Avis Budget Group Surpasses 200,000 Connected Vehicle Mark WELCOME, {{vm.customer.firstName | uppercase }}, WELCOME {{vm.customer.firstName | titleCase}}, WELCOME, {{vm.customer.firstName | uppercase}}, Welcome, {{vm.customer.firstName| uppercase}}, Welcome {{vm.customer.firstName| titleCase}}, California – Do Not Sell My Personal Information, Get the #1 Ranked Rental Car Travel App in Customer Satisfaction >. Please activate your profile to view upcoming reservations. Ramasela Ganda is the newly appointed Chief Executive of Avis Budget Southern Africa, taking the helm of all car rental operations in Sub-Saharan Africa. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. As President of the Americas division for the last five years, Joe has driven operational excellence across our business in the Americas. Retail & Whsle - Discretionary. Avis Budget Group is headquartered in Parsippany, N.J. CAR:US 36.71 … Mr. De Shon, who is 59, took over the CEO position at Avis in January 2016. © Copyright 1999-2020. Ramasela Ganda is the newly appointed Chief Executive of Avis Budget Southern Africa, taking the helm of all car rental operations in Sub-Saharan Africa. Mr. Ferraro was previously Senior Vice President of Operations, North America, where he oversaw all Avis and Budget car and truck rental operations in the United States and Canada, including airport and local market locations. SENIOR VICE PRESIDENT, GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER AND CORPORATE SECRETARY. June 16, 2020. Avis Budget Group’s CEO Search Committee, led by Director Lynn Krominga, Chair of the Corporate Governance Committee of the Board of Directors, is conducting a thorough search process to identify a permanent CEO. Avis Budget Group Appoints Joe Ferraro Chief Executive Officer. Avis Budget Group Inc. Alphabet Inc. “Over the past few months, our ability to act quickly to reposition the business for success is a testament to the outstanding work and dedication of all our employees. About Avis Budget GroupAvis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members. Ms. Martins was Director of Tax Planning and Mergers & Acquisitions of Cendant Corporation (as the Company was formerly known) from 2004 through 2006. Prior to this, Mr. Choi served on the Board of Directors of the Company from January 2016 to 2020. All rights reserved. Joe Ferraro was appointed President and Chief Executive Officer for Avis Budget Group in June 2020, following a six-month period as interim CEO. Mr. Choi holds a Bachelor of Arts degree in Economics from Harvard University. '+rentalHistory.pickLoc.locationCode}}, {{rentalHistory.pickLoc.name+', He joined the company in 2006 and served in a range of executive roles. Izzy Martins was named Executive Vice President, Americas, for Avis Budget Group in June 2020. “I appreciate the support of the Board, my management team, and our employees during my time as CEO, and I am confident Avis Budget Group is well positioned to continue building on its momentum and driving growth for years to come.”, About Avis Budget GroupAvis Budget Group, Inc. is a leading global provider of mobility solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than one million members.

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