Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at avisbudgetgroup.com. On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. Prior to this, Mr. Choi served on the Board of Directors of the Company from January 2016 to 2020. Prior to joining Avis Budget Group, Mr. Linnen served in various positions within human resources at Kraft Foods Inc. and Nabisco, Inc. Accordingly, actual results, levels of activity, performance, achievements and events could differ materially from those stated, anticipated or implied by such forward-looking statements. Car Rental & Rail, Avis Budget Group Surpasses 200,000 Connected Vehicle Mark car. Impacting Travel, Each State's Most Historically Significant Town to Visit Connection Failed or Some Error occurred. Los Cabos Blog, Bowman’s Travel Brief: A Message for Anti-Cruisers Joe Ferraro was appointed President and Chief Executive Officer for Avis Budget Group in June 2020, following a six-month period as interim CEO. Alaska Railroad, Take the Holiday Traditions to Los Cabos This Season Prior to joining the Company, Ms. Sera was an associate with the law firm of Shearman & Sterling in New York. Larry has played an instrumental role in positioning Avis Budget for the future of mobility, while navigating through unprecedented industry challenges. Days, Your rental ends in {{rentalHistory.hoursInRental}} 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 >. Ned Linnen is Executive Vice President and Chief Human Resources Officer (CHRO) of Avis Budget Group, a leading global provider of mobility solutions. Joe Ferraro assumed the role of interim Chief Executive Officer of Avis Budget Group at the start of 2020. {{trips.fromCode}} - Please update your credit card information. GOOG 0.25% We are confident he and Joe are the ideal team to move the Company forward in this unprecedented and challenging time, as well as over the long-term.”. “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. Avis Budget Group Announces CEO Succession Posted May 28, 2019 May 29, 2019 teemavis 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 … 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. Avis Budget Group is a growing company offering robust compensation, excellent training and many ways to advance. Mr. Nelson was honored for his leadership role in the Company’s March acquisition of Zipcar, … CAR:US 36.71 … 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. Choi holds a Bachelor of Arts degree in Economics from Harvard University. Mr. De Shon, who is 59, took over the CEO position at Avis in January 2016. Avis said its board has formed a committee to find a new CEO. I am confident we have the team and tools to provide our customers with innovative, safe and quality service as the travel industry begins to reopen.”, Lynn Krominga, Director, and Chair of the Corporate Governance and CEO Search Committees of the Avis Board, stated, “The search committee and the entire Board are excited Bernardo has taken on this new and important role. Car Rental & Rail David Calabria Investor Contact: Destination & Tourism, America's Safest Airports in the Time of COVID-19 Joe Ferraro was appointed President and Chief Executive Officer for Avis Budget Group in June 2020, following a six-month period as interim CEO. All logos and marks as well as all other proprietary materials depicted herein are the property of Avis Budget Group and/or its subsidiaries. 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. 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. The Company also announced that Bernardo Hees, who has been serving as Independent Chairman of the Board, has been named Executive Chairman. Prior to this, Mr. Ferraro served as President, Americas, for Avis Budget Group. Mr. Insall was previously senior vice president and chief information officer, and prior to that, he served as vice president of IT operations where he led the segregation of IT systems when Cendant Corporation separated its division into stand-alone companies and created Avis Budget Group, Inc. Mr. Insall has held various management positions working with Cendant Corporation, Avis Rent A Car, WizCom International LTD and Resorts Condominium International in the areas of application development, business systems management, project management, relationship management, and IT operations. Syracuse University. Once you complete your profile you'll be able to skip the counter, earn points and more. Please try again later or contact Customer Care for further assistance. SENIOR VICE PRESIDENT, GENERAL COUNSEL, CHIEF COMPLIANCE OFFICER AND CORPORATE SECRETARY. Mr. Linnen joined Avis Budget Group in 2001, and has since held positions of increased responsibility, including Senior Vice President of Human Resources for North America, Vice President of Labor Relations, Vice President of International Human Resources, Vice President of Domestic Human Resources, and Field Human Resources Director. 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. BOARD MEMBERSHIPS--INDUSTRY. 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. Mr. Rankin began his career at Avis in 1998 and was appointed Chief Executive of Avis Car Rental Southern Africa in 2004. '+rentalHistory.pickLoc.locationCode}}. We are confident he and Joe are the ideal team to move the Company forward in this unprecedented and challenging time, as well as over the long-term.”, For more information on As interim CEO, Joe has demonstrated an unparalleled ability to lead the organization and inspire his colleagues in the face of unprecedented challenges to our business. Previously, Mr. De Shon spent 28 years at the predecessor company of Only {{vm.customerData.profCompStep}} step to go between you and Avis Preferred status. Days. Joe’s collaborative leadership style and decisive strategic actions, including right-sizing our business to meet current demand, strengthening our balance sheet, and inspiring our team, have enabled Avis Budget Group to confront the challenges of the COVID-19 pandemic while continuing to innovate and serve our customers. Eric Bowman, Catamaran Sailing in the British Virgin Islands All logos and marks as well as all other proprietary materials depicted herein are the property of Avis Budget Group and/or its subsidiaries. Available Points, {{rentalHistory.rentalEndsIn}} 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. On 14 March 2013, Avis Budget Group purchased Zipcar for about US$500 million in cash. You may use your Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. {{rentalHistory.confirmationNumber}}, {{rentalHistory.pickLoc.name+', Retail & Whsle - Discretionary. Prior to this, Mr. Ferraro served as President, Americas, for Avis Budget Group. 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. Destination & Tourism, The Safest Airlines in the Time of COVID-19 CURRENT PRICE. Car Rental & Rail. PARSIPPANY, N.J., June 15, 2020 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) today announced that its Board of Directors has appointed Joe Ferraro, who has been serving as interim Chief Executive Officer, as CEO, effective immediately. 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. Almost done! Mr. Insall has a Bachelor of Science degree in Computer Science from Saint John’s University in New York. EXECUTIVE VICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER. 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. Ferraro’s appointment reflects the previously announced departure at year-end of Larry De Shon, President and Chief Executive Officer. 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. Together with our outstanding management team, Larry has built a strong foundation for growth and continued success. Brian Choi was named Chief Financial Officer for Avis Budget Group in August 2020. Location services must be enabled to choose your The Board has formed a CEO Search Committee led by Director Lynn Krominga, Chair of the Corporate Governance Committee. Avis Budget Group Appoints Joe Ferraro Chief Executive Officer. Please enter your My Avis password to login, Login is not required to complete your reservation. The Company also announced that Bernardo Hees, who has been serving as Independent Chairman of the Board, has been named Executive Chairman. 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. {{features.value}} Gal 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. Contacts He has 40 years of experience with Avis Budget Group, holding various positions of increasing responsibility. Car Rental & Rail, Hertz Expands Monthly Vehicle Subscription Service 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. In 2007, he was appointed Chief Executive Officer of car rental, part of Barloworld’s automotive division that included southern Africa and Scandinavian car rental operations. In 2011, Avis Budget Group acquired Avis Europe, an independently-owned company licensee, globally reuniting the Avis and Budget brands. Avis said Tuesday that Chief Executive Larry De Shon will remain in his job until the company names a successor. Check out Alaska Railroad's Winter Travel Packages & Day ... Don’t Miss the Chance to see Alaska’s Most ... Take the Holiday Traditions to Los Cabos This Season, Bowman’s Travel Brief: A Message for Anti-Cruisers, Catamaran Sailing in the British Virgin Islands, US State Travel Restrictions: Latest COVID-19 Requirements for November, The Safest Airlines in the Time of COVID-19, COVID-19 November Travel Restrictions: Latest Quarantine Rules for US States, Each State's Most Historically Significant Town to Visit, America's Safest Airports in the Time of COVID-19. Prior to assuming this role, Ms. Sera held the title of Senior Vice President & Corporate Secretary from August 2006 and also held the title of Global Program Manager from August 2016-March 2020. In 2017, for example, the company struck a deal with She earned a Bachelor of Science degree in Accounting and a Juris Doctor Degree from Seton Hall University in New Jersey. Avis now calls itself a “provider of mobility solutions.”. 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. Mr. De Shon will remain in his current positions until his successor has been named and will continue to be employed by the Company until the end of the year to ensure a smooth transition. Joe Ferraro is President/CEO at Avis Budget Group Inc. See Joe Ferraro's compensation, career history, education, & memberships. “Over the course of my career with the Company, I have seen firsthand how our success is driven by our commitment to delivering quality service for our customers and performance for our shareholders. Car Rental & Rail, Avis Budget Group Provides Leadership Update Prior to joining the Company, she served Deloitte & Touche LLP for seven years. As interim CEO, Joe has demonstrated an unparalleled ability to lead the organization and inspire his colleagues in the face of unprecedented challenges to our business. Previously, Ms. Sera was a Vice President in the Legal Department of Cendant Corporation (as the Company was formerly known) from January 2002 to August 2006 where she supported the Finance function. Please update the terms and condition section to go to Avis Preferred status. Avis Budget Group Inc. 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. Previously, Mr. Choi served as an analyst in the Leveraged Finance Group at Lehman Brothers. Ms. Sera has a BA from the University of New Hampshire and a JD from Boston University. In this role, Mr. Ferraro was responsible for the Company’s Avis, Budget, Payless and Zipcar brands in North and South America, including Latin America and the Caribbean.