Avis Budget Group Management
Management criteria checks 3/4
Avis Budget Group's CEO is Joe Ferraro, appointed in Jan 2020, has a tenure of 4.42 years. total yearly compensation is $10.27M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth ARS25.11B. The average tenure of the management team and the board of directors is 4.9 years and 5.2 years respectively.
Key information
Joe Ferraro
Chief executive officer
US$10.3m
Total compensation
CEO salary percentage | 12.1% |
CEO tenure | 4.4yrs |
CEO ownership | 0.7% |
Management average tenure | 4.9yrs |
Board average tenure | 5.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$1b |
Dec 31 2023 | US$10m | US$1m | US$2b |
Sep 30 2023 | n/a | n/a | US$2b |
Jun 30 2023 | n/a | n/a | US$2b |
Mar 31 2023 | n/a | n/a | US$3b |
Dec 31 2022 | US$13m | US$1m | US$3b |
Sep 30 2022 | n/a | n/a | US$3b |
Jun 30 2022 | n/a | n/a | US$2b |
Mar 31 2022 | n/a | n/a | US$2b |
Dec 31 2021 | US$9m | US$1m | US$1b |
Sep 30 2021 | n/a | n/a | US$813m |
Jun 30 2021 | n/a | n/a | US$183m |
Mar 31 2021 | n/a | n/a | -US$696m |
Dec 31 2020 | US$5m | US$843k | -US$684m |
Sep 30 2020 | n/a | n/a | -US$452m |
Jun 30 2020 | n/a | n/a | -US$308m |
Mar 31 2020 | n/a | n/a | US$235m |
Dec 31 2019 | US$5m | US$725k | US$302m |
Sep 30 2019 | n/a | n/a | US$173m |
Jun 30 2019 | n/a | n/a | US$197m |
Mar 31 2019 | n/a | n/a | US$161m |
Dec 31 2018 | US$3m | US$650k | US$165m |
Sep 30 2018 | n/a | n/a | US$372m |
Jun 30 2018 | n/a | n/a | US$404m |
Mar 31 2018 | n/a | n/a | US$381m |
Dec 31 2017 | US$4m | US$649k | US$361m |
Compensation vs Market: Joe's total compensation ($USD10.27M) is above average for companies of similar size in the AR market ($USD1.44M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Ferraro (67 yo)
4.4yrs
Tenure
US$10,274,921
Compensation
Mr. Joseph A. Ferraro, also known as Joe, serves as President at Avis Budget Group, Inc. since June 12, 2020. He has been President & Chief Executive Officer at Budget Rent A Car System, Inc. since June 20...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & President | 4.4yrs | US$10.27m | 0.74% $ 25.1b | |
Executive VP & CFO | less than a year | US$2.53m | 0.081% $ 2.8b | |
Executive VP & Chief Transformation Officer | less than a year | US$3.60m | 0.28% $ 9.4b | |
Executive VP and Chief Digital & Innovation Officer | 1.9yrs | US$2.47m | 0.0024% $ 82.3m | |
VP & Chief Accounting Officer | 4.8yrs | no data | 0.018% $ 618.8m | |
Treasurer & Senior VP of Corporate Finance | 5.4yrs | no data | no data | |
Senior VP | 17.8yrs | no data | 0.089% $ 3.0b | |
Head of Marketing | 5.8yrs | no data | no data | |
Chief Human Resource Officer & Executive VP | 11.3yrs | US$1.51m | 0.14% $ 4.9b | |
Senior Vice President of Global Travel | no data | no data | no data | |
President of International | 5yrs | US$2.46m | 0.19% $ 6.5b |
4.9yrs
Average Tenure
54yo
Average Age
Experienced Management: CAR's management team is considered experienced (4.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Lead Independent Director | 17.7yrs | US$589.07k | 0% $ 0 | |
Director | 4.3yrs | US$5.54m | 1.42% $ 48.0b | |
Independent Director | 6.1yrs | US$428.36k | 0% $ 0 | |
Independent Director | 4.1yrs | no data | no data | |
Independent Director | 2.4yrs | US$282.85k | 0% $ 0 | |
Chairman | 6.2yrs | no data | no data |
5.2yrs
Average Tenure
52yo
Average Age
Experienced Board: CAR's board of directors are considered experienced (5.2 years average tenure).