People: Avis Budget Group Inc (CAR.OQ)
CAR.OQ on NASDAQ Stock Exchange Global Select Market
31.75USD
1:40pm EDT
31.75USD
1:40pm EDT
Price Change (% chg)
$-0.43 (-1.34%)
$-0.43 (-1.34%)
Prev Close
$32.18
$32.18
Open
$32.04
$32.04
Day's High
$32.10
$32.10
Day's Low
$31.42
$31.42
Volume
167,793
167,793
Avg. Vol
571,933
571,933
52-wk High
$34.18
$34.18
52-wk Low
$14.18
$14.18
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Ronald Nelson |
60 | 2012 | Chairman of the Board, Chief Executive Officer |
David Wyshner |
45 | 2011 | Chief Financial Officer, Senior Executive Vice President |
Larry De Shon |
53 | 2011 | President of Europe, Middle East and Africa |
Thomas Gartland |
55 | 2011 | President, North America |
Patric Siniscalchi |
63 | 2012 | President, Latin America/Asia Pacific |
Edward Linnen |
43 | 2013 | Chief Human Resource Officer, Senior Vice President |
Michael Tucker |
55 | 2010 | Executive Vice President, Chief Compliance Officer, General Counsel |
W. Scott Deaver |
61 | 2013 | Executive Vice President - Strategy |
Mark Servodidio |
2013 | Executive Vice President - Franchise and Corporate Services, EMEA | |
Izilda Martins |
41 | 2013 | Senior Vice President, Acting Chief Accounting Officer |
Gerard Insall |
2013 | Senior Vice President, Chief Information Officer | |
Jeffrey Fox |
50 | 2013 | Director |
F. Robert Salerno |
61 | 2011 | Director |
Alun Cathcart |
69 | 2011 | Independent Director |
Mary Choksi |
62 | 2007 | Independent Director |
Leonard Coleman |
64 | 2003 | Presiding Independent Director |
John Hardy |
69 | 2008 | Independent Director |
Lynn Krominga |
62 | 2006 | Independent Director |
Eduardo Mestre |
64 | 2008 | Independent Director |
Stender Sweeney |
74 | 2006 | Independent Director |
Neal Goldner |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Ronald Nelson |
Mr. Ronald L. Nelson is Chairman of the Board, Chief Executive Officer of Avis Budget Group Inc. Prior to joining Avis Budget, Mr. Nelson served as president, chief financial officer and director of Cendant Corporation, with responsibility for strategic and financial planning, treasury, financial reporting and accounting, internal audit, tax, investor relations and corporate communications, as well as the matrixed administrative functions that served Cendant's business units. Cendant was the parent company of Avis Budget, which became a stand-alone public Company under Mr. Nelson's leadership following Cendant's separation into four independent businesses in 2006. Prior to joining Cendant, Mr. Nelson served as co-chief operating officer of DreamWorks SKG since that company's founding in 1994. At DreamWorks, he was instrumental in raising more than $5 billion in capital necessary to launch the company and developing its operating infrastructure and policies. Mr. Nelson was executive vice president, chief financial officer and a director at Paramount Communications, Inc., formerly Gulf & Western Industries, Inc., where he was responsible for all financial functions including mergers and acquisitions and strategy. |
David Wyshner |
Mr. David B. Wyshner is Chief Financial Officer, Senior Executive Vice President of Avis Budget Group, Inc., since October 3, 2011. Mr. Wyshner has been Chief Financial Officer since August 2006. Mr. Wyshner also held the title of Executive Vice President and Chief Financial Officer from August 2006 through October 2011, when he was promoted to Senior Executive Vice President, and also served as Treasurer from August 2006 to November 2007. Previously, Mr. Wyshner held several key roles within Cendant, starting in 1999, including Executive Vice President and Treasurer and Vice Chairman of the Travel Services Division, which included the Avis and Budget vehicle rental businesses. Prior to joining the Company, Mr. Wyshner was a Vice President in Merrill Lynch & Co.’s investment banking division. |
Larry De Shon |
Mr. Larry D. De Shon is President of Europe, Middle East and Africa of Avis Budget Group Inc., since October 3, 2011. Mr. De Shon held the title of Executive Vice President, Operations from October 2006 through October 2011. Prior to joining the Company, Mr. De Shon spent 28 years at United Airlines, starting as a customer service representative and advancing to hold a number of positions of increasing responsibility during his tenure, including as Senior Vice President of airport operations. |
Thomas Gartland |
Mr. Thomas M. Gartland is President, North America of Avis Budget Group, Inc., since October 3, 2011. Mr. Gartland held the title of Executive Vice President of Sales, Marketing & Customer Care from April 2008 through October 2011. Prior to joining the Company, Mr. Gartland was President of JohnsonDiversey, Inc.’s North American Region, where he worked for 14 years. Prior thereto, Mr. Gartland was Vice President and Director of National Accounts with Ecolab, Inc., where he also worked for 14 years. |
Patric Siniscalchi |
Mr. Patric T. Siniscalchi is President, Latin America/Asia Pacific of Avis Budget Group, Inc. He is overseeing the Avis and Budget car rental businesses in the Caribbean, Central and South America, Asia, Australia and New Zealand. Mr. Siniscalchi was previously executive vice president of international operations where he oversaw the company's operations in Canada, Australia, New Zealand and the Latin American / Caribbean region. Mr. Siniscalchi joined Avis in 1971 as an accountant and progressed through a variety of management positions within the company. Mr. Siniscalchi has been involved in Avis International since 1980. Mr. Siniscalchi is a graduate of Fordham University with a Bachelor of Science degree in Accounting. |
Edward Linnen |
Mr. Edward P. Linnen is Chief Human Resource Officer, Senior Vice President of Avis Budget Group, Inc., since February 2013. Previously, Mr. Linnen held the title of Senior Vice President, HR for North America from October 2011 through February 2013. Mr. Linnen joined the Company in 2001, and served in several positions in the Company’s human resources function, including as Vice President of Labor Relations & International HR, Vice President Domestic HR, and Field HR Director. Prior to joining the Company, Mr. Linnen served in various positions within Human Resources at Kraft Foods Inc. and Nabisco, Inc. |
Michael Tucker |
Mr. Michael K. Tucker is Executive Vice President, Chief Compliance Officer, General Counsel of Avis Budget Group, Inc., since April 2010. Prior to joining the Company, Mr. Tucker was in private practice, serving as managing partner at the law firm of Tucker Associates and Of Counsel at the law firm of Lowe & Savage from 2007. Prior thereto, Mr. Tucker was Division General Counsel with Tyco International Ltd. Inc. from 2005. Prior to joining Tyco, Mr. Tucker served in senior legal positions with General Electric Company, including division senior counsel of GE Transportation and senior vice president and general counsel of GE Capital International Services. Prior to joining General Electric, Mr. Tucker was associated with the law firms of Ballard Spahr Andrews & Ingersoll, Bingham Dana LLP, and Csaplar & Bok. |
W. Scott Deaver |
Mr. W. Scott Deaver is an Executive Vice President - Strategy of Avis Budget Group, Inc. Mr. Deaver drives the strategic planning process for Avis Budget Group in addition to overseeing initiatives that create operational efficiency and revenue growth. Prior to assuming leadership of the company's strategy, Mr. Deaver served as executive vice president of Marketing, the development of both the Avis and Budget marketing strategies designed to build brand image, customer loyalty and market share. Mr. Deaver has 20 years of marketing experience, the past ten spent on various assignments of responsibility within Avis Budget and its predecessor companies Cendant Corporation and HFS Incorporated. Most recently, he was Chief Marketing Officer for move.com, an online real estate and home services portal launched by Cendant. Before move.com marketing, Mr. Deaver was senior vice president of corporate marketing at Cendant, working with the company's entire portfolio of travel, real estate and direct marketing brands. He has worked as a marketing executive for several major hotels brands, including Ramada, Howard Johnson and Holiday Inns. Mr. Deaver earned a Ph.D and Master of Arts in English from the University of Texas at Austin and earned a Bachelor of Arts degree from the University of the South. |
Mark Servodidio |
Mr. Mark J. Servodidio is Executive Vice President - Franchise and Corporate Services, EMEA of Avis Budget Group Inc. In this role, he is responsible for the licensee relations efforts for EMEA as well as Avis Budget Group’s Shared Services Center in Budapest and the region’s Performance Excellence (PEx) initiative. He oversees the Information Technology and Legal functions in the region. Mr. Servodidio joined Avis Budget Group in 2002. During this time, his responsibilities have grown from serving as head of human resources for Avis Car Rental to the global role of chief administrative officer for Avis Budget Group. He recruited many of the Company’s current senior leadership team executives and was responsible for developing the Company’s talent and performance management processes, employee reward and recognition programs as well as training and development functions. Prior to joining Avis Budget Group, Mr. Servodidio was with Kraft Foods where he led the human resources efforts for its Nabisco Division's sales and supply chain unit. Other key roles there included rebuilding Nabisco's direct store delivery system, overseeing organizational effectiveness efforts and implementing the initial integration strategy for Nabisco and Kraft as a result of the acquisition by Phillip Morris. Mr. Servodidio served as vice president of human resources for Stella D'Oro & Christie Brown. Prior to working for Kraft Foods, he was at PepsiCo where he had several leadership roles at Pepsi-Cola and Frito-Lay. Mr. Servodidio received both his Bachelor of Arts and Master of Sciences Degrees from Villanova University. |
Izilda Martins |
Ms. Izilda P. Martins is Senior Vice President, Acting Chief Accounting Officer of Avis Budget Group, Inc., since February 2013. Previously, she was Vice President and Acting Chief Accounting Officer of the Company since November 2010 and Vice President of Tax from August 2006 to November 2010. Ms. Martins was Director of Tax Planning and Mergers & Acquisitions of Cendant from November 2004 through August 2006. Prior to joining the Company, Ms. Martins was associated with Deloitte & Touche LLP for seven years. |
Gerard Insall |
Mr. Gerard Insall is Senior Vice President, Chief Information Officer of Avis Budget Group Inc. In this role, he is responsible for the management of all facets of Information Technology (IT) for Avis Budget Group and its brand operations. These include: enterprise applications, IT operations, networks, architecture and IT strategy. Prior to this position, he served as the Vice President of Information Technology Operations for Avis Budget Group 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 during the last 20 years working with Cendant Corporation, Avis Rent A Car, WizCom International LTD and Resorts Condominium International. His positions have been in the areas of application development, business systems management, project management, relationship management, and IT operations. Mr. Insall has a Bachelor of Science degree in computer science from Saint John's University in New York. |
Jeffrey Fox |
Mr. Jeffrey H. Fox has been appointed as Director of Avis Budget Group, Inc., effective July 30, 2013. Mr. Fox brings leadership and executive management experience to company's Board of Directors as a principal of The Circumference Group LLC, an investment and advisory firm, which he founded in 2009. Mr. Fox also serves as non-executive Chairman of the Board of Convergys Corporation, where he also held numerous leadership positions, including President and Chief Executive Officer from 2010 to November 2012, and then Executive Chairman until April 2013. Mr. Fox worked for Alltel Corporation as Chief Operating Officer from 2007 through 2008, and as Group President from 2003 until 2007. Prior to joining Alltel, Mr. Fox worked in investment banking for ten years with Stephens Inc., preceded by two years with Merrill Lynch, specializing in mergers and acquisitions advisory services. |
F. Robert Salerno |
Mr. F. Robert Salerno is Director of Avis Budget Group, Inc. He was previously Vice Chairman of the Company from June 2010 through December 2011, and President and Chief Operating Officer of the Company from August 2006 to June 2010. For nearly 30 years, Mr. Salerno held numerous leadership positions with the Company, including as chief executive of Cendant’s vehicle rental business and as President and Chief Operating Officer of Avis from 1996 to November 2002. |
Alun Cathcart |
Mr. Alun Cathcart is Independent Director of Avis Budget Group, Inc., since October 3, 2011. Mr. Cathcart was non-executive Chairman of the Board of Avis Europe from May 2004 through October 2011 and also served as Chairman of the Nominations Committee and a member of the Remuneration Committee. Mr. Cathcart served as a member of the Board of Avis Europe from 1997 until it was acquired by Avis Budget Group in 2011. From 1983 to 1999, Mr. Cathcart was Chairman and Chief Executive of Avis Europe and he also served as Interim Chief Executive from November 2003 until March 2004. Mr. Cathcart spent 14 years in executive positions in the transportation industry before joining Avis Europe in 1980. Mr. Cathcart serves as Chairman of Palletways Group Limited and also previously served as a director of Justice Holdings Limited. |
Mary Choksi |
Ms. Mary C. Choksi is Independent Director of Avis Budget Group, Inc., since March 2, 2007. Ms. Choksi is a founding partner and Managing Director of Strategic Investment Group, an investment management group founded in 1987. Within Strategic, Ms. Choksi is a member of the investment strategy group charged with overseeing the asset mix of globally diversified client portfolios, supervises reporting to all clients and has responsibilities in corporate planning. Ms. Choksi was also a founding partner and, until May 2011, a Managing Director at Emerging Markets Investors Corporations (“EMI”). EMI and its successor, Ashmore EMM, manage portfolios of marketable equities in the emerging markets of Asia, Europe, Latin America, Africa and the Middle East on behalf of institutional and private investors. Prior to the establishment of Strategic and EMI, Ms. Choksi worked in the Pension Investment Division of the World Bank, which was responsible for investing the institution’s pension plan. Before joining the Bank’s finance complex, she worked for nine years in the development arm of the Bank, working on South and Southeast Asia. From 1996 to 2006, Ms. Choksi served on the board of H.J. Heinz Company, which files reports pursuant to the Exchange Act. Ms. Choksi also serves on the board of the Omnicom Group Inc., which files reports pursuant to the Exchange Act, and is a member of Omnicom’s Audit Committee. |
Leonard Coleman |
Mr. Leonard S. Coleman is Presiding Independent Director of Avis Budget Group Inc. He has been a director since December 1997, Presiding Director at executive sessions of the Board since February 2003 and Chairman of the Corporate Governance Committee since August 2006. Mr. Coleman was a director of HFS Incorporated (“HFS”) from April 1997 until December 1997. From 1999 to December 2005, Mr. Coleman was a Senior Advisor to Major League Baseball. Mr. Coleman is the former President of The National League of Professional Baseball Clubs from 1994 to 1999, having served since 1992 as Executive Director, Market Development of Major League Baseball. Previously, Mr. Coleman was a municipal finance banker for Kidder, Peabody & Company. Prior to joining Kidder, Mr. Coleman served as commissioner of the New Jersey Department of Community Affairs and the Department of Energy and chairman of the Hackensack Meadowlands Development Commission and the New Jersey Housing and Mortgage Finance Agency. He also served as the vice chairman of the State Commission on Ethical Standards and a member of the Economic Development Authority, Urban Enterprise Zone Authority, Urban Development Authority, State Planning Commission and New Jersey Public Television Commission. Mr. Coleman is also a director of the following corporations which file reports pursuant to the Exchange Act: Omnicom Group Inc., H.J. Heinz Company, Churchill Downs Incorporated and Electronic Arts Inc. |
John Hardy |
Mr. John D. Hardy, Jr., is Independent Director of Avis Budget Group, Inc. He has been a director and Chairman of the Compensation Committee since April 2008. From 1981 until his retirement in 2008, Mr. Hardy was a partner at the law firm of O’Melveny & Myers LLP where he practiced corporate and securities law and served on the firm’s compensation committee. From June 2008 through June 2009, Mr. Hardy was a partner at the law firm of Venable LLP, where he focused on recruitment and practice development for the firm’s West Coast business practice. |
Lynn Krominga |
Ms. Lynn Krominga is Independent Director of Avis Budget Group Inc., since October 25, 2006. Ms. Krominga is a management consultant and attorney. Since 1999, Ms. Krominga has been a consultant to private equity and venture capital investors, in which capacity she served in a number of operating and board positions, including Chief Executive Officer of Fashion Wire Daily, Inc.; Director and member of the Audit Committee of AHAVA, a global cosmeceuticals company; and advisor to London-based Apax Partners for acquisitions in Israel and the United States. She is the former President (and founder) of the Revlon Worldwide Licensing Division, and previously served as General Counsel and as International Counsel for Revlon’s global operations. Prior to joining Revlon, she was an attorney at American Express Company and an associate at Cleary, Gottlieb, Steen & Hamilton. Until January 2013 (when the company was sold), Ms. Krominga served as Lead Director of Sunrise Senior Living, Inc., which had until then filed reports pursuant to the Exchange Act. From March through November 2008, she served as Chairman of the Board of Sunrise Senior Living (until the former CEO assumed that role); as Chairman of the Compensation Committee from 2008 to 2011; and as a member of the Audit, Compensation and Governance Committees from 2007 to 2013. Ms. Krominga also currently serves on the board of Neogenix Oncology, Inc., which previously filed reports pursuant to the Exchange Act, and on the Board of Advisors of the University of Minnesota Law School. |
Eduardo Mestre |
Mr. Eduardo G. Mestre is Independent Director of Avis Budget Group, Inc., since July 24, 2008. Mr. Mestre is Chairman of Global Advisory at Evercore Partners and was Vice Chairman with responsibility for the firm’s U.S. advisory practice from 2004 through 2011. Prior to joining Evercore, Mr. Mestre served as Chairman of Investment Banking at Citigroup, among numerous leadership positions he filled during a 27-year career there. Mr. Mestre also serves as a director of Comcast Corporation, a company that files reports pursuant to the Exchange Act. |
Stender Sweeney |
Mr. Stender E. Sweeney is Independent Director of Avis Budget Group, Inc. Mr. Sweeney has been a director and Chairman of the Audit Committee since August 2006. Mr. Sweeney has been a financial advisor and equity investor in several privately held enterprises since 1998. In 1997, Mr. Sweeney served in a senior financial and operating capacity for a joint venture between DreamWorks SKG and Pacific Data Images. From 1995 to 1996, Mr. Sweeney was the Chief Executive Officer and a director of Vehicle Information Network, a database management and marketing company. From 1994 to 1995, Mr. Sweeney was the Chief Financial Officer and Principal of The Onyx Group, a shopping center development and management company. From 1968 to 1994, Mr. Sweeney served in various positions at The Times Mirror Company, the last eight years of which as Vice President, Finance. Mr. Sweeney serves on the board of the Payden & Rygel Investment Group, which files reports pursuant to the Exchange Act. |
Neal Goldner |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Ronald Nelson |
7,246,640 |
David Wyshner |
4,394,260 |
Larry De Shon |
4,511,330 |
Thomas Gartland |
4,524,640 |
Patric Siniscalchi |
3,201,240 |
Edward Linnen |
-- |
Michael Tucker |
-- |
W. Scott Deaver |
-- |
Mark Servodidio |
773,027 |
Izilda Martins |
-- |
Gerard Insall |
-- |
Jeffrey Fox |
-- |
F. Robert Salerno |
3,431,990 |
Alun Cathcart |
-- |
Mary Choksi |
-- |
Leonard Coleman |
-- |
John Hardy |
-- |
Lynn Krominga |
-- |
Eduardo Mestre |
-- |
Stender Sweeney |
-- |
Neal Goldner |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Ronald Nelson |
1,042,490 | 4,902,940 |
David Wyshner |
57,800 | 937,838 |
Larry De Shon |
35,000 | 632,350 |
Thomas Gartland |
40,000 | 618,400 |
Patric Siniscalchi |
35,000 | 636,800 |
Edward Linnen |
0 | 0 |
Michael Tucker |
0 | 0 |
W. Scott Deaver |
0 | 0 |
Mark Servodidio |
4,222 | 23,098 |
Izilda Martins |
0 | 0 |
Gerard Insall |
0 | 0 |
Jeffrey Fox |
0 | 0 |
F. Robert Salerno |
0 | 0 |
Alun Cathcart |
0 | 0 |
Mary Choksi |
0 | 0 |
Leonard Coleman |
0 | 0 |
John Hardy |
0 | 0 |
Lynn Krominga |
0 | 0 |
Eduardo Mestre |
0 | 0 |
Stender Sweeney |
0 | 0 |
Neal Goldner |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DE SHON LARRY D |
5,000 | $0.79 |
DE SHON LARRY D |
45,000 | $0.79 |
WYSHNER DAVID B |
50,000 | $30.17 |
WYSHNER DAVID B |
22,500 | $0.79 |
DE SHON LARRY D |
50,000 | $30.00 |
WYSHNER DAVID B |
27,500 | $0.79 |
SINISCALCHI PATRIC T |
10,000 | $0.79 |
SINISCALCHI PATRIC T |
20,000 | $30.74 |
SINISCALCHI PATRIC T |
10,000 | $0.79 |
WYSHNER DAVID B |
14,348 | $24.40 |
WYSHNER DAVID B |
11,327 | $30.91 |
WYSHNER DAVID B |
1,567 | $30.91 |
DEAVER W SCOTT |
75,000 | $29.66 |
DEAVER W SCOTT |
75,000 | $0.79 |
HARDY JOHN D JR |
821 | $29.68 |
SALERNO F ROBERT |
792 | $29.68 |
SWEENEY STENDER E |
863 | $29.68 |
COLEMAN LEONARD S JR |
916 | $29.60 |
CATHCART W ALUN |
758 | $29.68 |
MESTRE EDUARDO G |
1,583 | $29.68 |
CHOKSI MARY C |
821 | $29.68 |
KROMINGA LYNN |
832 | $29.68 |
SINISCALCHI PATRIC T |
414 | $28.00 |
TUCKER MICHAEL K |
3,982 | $0.00 |
SINISCALCHI PATRIC T |
1,023 | $0.00 |

