Avis Budget Group, Inc.

DB:CUCA Stock Report

Market Cap: €3.4b

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 4.83 years. total yearly compensation is $10.27M, comprised of 12.1% salary and 87.9% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth €25.83M. The average tenure of the management team and the board of directors is 4.8 years and 5.6 years respectively.

Key information

Joe Ferraro

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage12.1%
CEO tenure4.8yrs
CEO ownership0.8%
Management average tenure4.8yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joe Ferraro's remuneration changed compared to Avis Budget Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$396m

Jun 30 2024n/an/a

US$785m

Mar 31 2024n/an/a

US$1b

Dec 31 2023US$10mUS$1m

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$13mUS$1m

US$3b

Sep 30 2022n/an/a

US$3b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$9mUS$1m

US$1b

Sep 30 2021n/an/a

US$813m

Jun 30 2021n/an/a

US$183m

Mar 31 2021n/an/a

-US$696m

Dec 31 2020US$5mUS$843k

-US$684m

Sep 30 2020n/an/a

-US$452m

Jun 30 2020n/an/a

-US$308m

Mar 31 2020n/an/a

US$235m

Dec 31 2019US$5mUS$725k

US$302m

Sep 30 2019n/an/a

US$173m

Jun 30 2019n/an/a

US$197m

Mar 31 2019n/an/a

US$161m

Dec 31 2018US$3mUS$650k

US$165m

Sep 30 2018n/an/a

US$372m

Jun 30 2018n/an/a

US$404m

Mar 31 2018n/an/a

US$381m

Dec 31 2017US$4mUS$649k

US$361m

Compensation vs Market: Joe's total compensation ($USD10.27M) is above average for companies of similar size in the German market ($USD1.90M).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.

CEO

Joe Ferraro (67 yo)

4.8yrs

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

NamePositionTenureCompensationOwnership
Joseph Ferraro
CEO & President4.8yrsUS$10.27m0.75%
€ 25.8m
Izilda Martins
Executive VP & CFOless than a yearUS$2.53m0.083%
€ 2.8m
Brian Choi
Executive VP & Chief Transformation Officerless than a yearUS$3.60m0.28%
€ 9.7m
Ravindra Simhambhatla
Executive VP and Chief Digital & Innovation Officer2.3yrsUS$2.47m0.032%
€ 1.1m
Cathleen DeGenova
VP & Chief Accounting Officer5.3yrsno data0.019%
€ 637.0k
David Calabria
Treasurer & Senior VP of Corporate Finance5.8yrsno datano data
Jean Sera
Senior VP18.3yrsno data0.090%
€ 3.1m
Vanessa Wolczak
Head of Marketing6.3yrsno datano data
Edward Linnen
Chief Human Resource Officer & Executive VP11.8yrsUS$1.51m0.15%
€ 5.1m
Stephen Wright
Senior Vice President of Global Travelno datano datano data
John O'Neill
Senior Vice President of U.S. Operationsless than a yearno datano data
Andres Barry
Executive VP & Chief Commercial Officer of Americasless than a yearno datano data

4.8yrs

Average Tenure

54yo

Average Age

Experienced Management: CUCA's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lynn Krominga
Lead Independent Director18.1yrsUS$589.07k0%
€ 0
Bernardo Hees
Director4.8yrsUS$5.54m1.45%
€ 49.9m
Glenn Lurie
Independent Director6.5yrsUS$428.36k0%
€ 0
Karthik Sarma
Independent Director4.5yrsno datano data
Anu Hariharan
Independent Director2.8yrsUS$282.85k0%
€ 0
Jagdeep Pahwa
Chairman6.6yrsno datano data

5.6yrs

Average Tenure

52yo

Average Age

Experienced Board: CUCA's board of directors are considered experienced (5.6 years average tenure).