Avis Budget Group, Inc. (0HK4.L) LSE

Currency In USD

AD

Avis Budget Group, Inc.

Address

6 Sylvan Way

Parsippany, NJ 07054

United States of America (the)

Phone

973 496 4700

Sector

Industrials

Industry

Rental & Leasing Services

Employees

17000

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Brian J. ChoiChief Executive Officer1.64M1983
Jagdeep Singh PahwaExecutive Chairman5,5861974
Daniel Crestian CunhaExecutive Vice President & Chief Financial Officer1.04M1985
Ravindra SimhambhatlaExecutive Vice President and Chief Digital & Innovation Officer1.04M1969
Edward LinnenChief Human Resource Officer & Executive Vice President1.06M1970
Anna Maria Pawlak KuligaPresident of International1.46MN/A
David T. CalabriaTreasurer & Senior Vice President of Corporate Finance01975
Stephen WrightSenior Vice President of Global Travel, Partnerships & Government0N/A
Cathleen DeGenovaSenior Vice President & Chief Accounting Officer01962
Jean SeraSenior Vice President, General Counsel, Chief Compliance Officer & Corporate Secretary01970
John O'NeillExecutive Vice President & Chief Operating Officer of Americas0N/A
AD

Description

Avis Budget Group, Inc. is a leading global provider of diverse mobility services, offering car and truck rentals, car-sharing solutions, and an array of related products to both business and individual clients. Its extensive brand portfolio includes Avis, which delivers premium vehicle rental and broader mobility options tailored for high-end commercial and leisure travelers within the travel industry. The company also oversees Budget Truck, specializing in local and one-way truck and cargo van rentals. This division serves consumer and light commercial sectors across the continental United States, boasting a fleet of approximately 20,000 vehicles available through a network of about 465 dealer-operated and 385 company-owned locations. Additionally, Avis Budget Group manages Zipcar, a prominent car-sharing network. Further expanding its reach in vehicle rentals, the company operates several other recognized brands such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. Beyond vehicle provision, Avis Budget Group offers a comprehensive suite of supplementary services and products. These encompass various optional insurance coverages, including supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance. Customers can also access conveniences like fuel service options, roadside assistance, electronic toll collection, curbside delivery, tablet rentals, satellite radio access, portable navigation units, and child safety seat rentals. For those involved in moving, the company supplies essential accessories such as automobile towing equipment, hand trucks, furniture pads, and other moving supplies. Corporate clients benefit from a dedicated Business Intelligence solution, an online portal designed to streamline corporate travel management. Avis Budget Group, Inc. maintains a significant global presence, operating across approximately 10,400 locations worldwide. Established in 1946, the company, headquartered in Parsippany, New Jersey, adopted its current name, Avis Budget Group, Inc., in September 2006, having previously been known as Cendant Corporation.

AD