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 4.25 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 $26.30M. The average tenure of the management team and the board of directors is 4.5 years and 5 years respectively.
Key information
Joe Ferraro
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 4.5yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
The Market Doesn't Like What It Sees From Avis Budget Group, Inc.'s (NASDAQ:CAR) Earnings Yet
Apr 18
Avis Budget Group's (NASDAQ:CAR) Returns On Capital Are Heading Higher
Mar 22Avis Budget Group Stock Crashed 34% Last Week
Feb 21Avis Budget Group: Not A Great Time To Start A Position
Feb 09Avis Budget Group, Inc. (NASDAQ:CAR) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 16Avis Budget Group (NASDAQ:CAR) Is Experiencing Growth In Returns On Capital
Nov 25Avis Budget Group (NASDAQ:CAR) Might Have The Makings Of A Multi-Bagger
Aug 25Here's Why We Think Avis Budget Group (NASDAQ:CAR) Might Deserve Your Attention Today
Jul 08Is Avis Budget Group, Inc. (NASDAQ:CAR) Trading At A 49% Discount?
Jun 06Avis Budget Group (NASDAQ:CAR) Is Experiencing Growth In Returns On Capital
May 19If EPS Growth Is Important To You, Avis Budget Group (NASDAQ:CAR) Presents An Opportunity
Mar 11Avis Budget Group (NASDAQ:CAR) Is Experiencing Growth In Returns On Capital
Feb 13Avis Budget Group, Inc.'s (NASDAQ:CAR) Intrinsic Value Is Potentially 95% Above Its Share Price
Jan 06Margin Watch: Here are some of the Consumer Companies Maintaining their Margins Despite Rising Costs
Dec 19
Does Avis Budget Group (NASDAQ:CAR) Deserve A Spot On Your Watchlist?
Dec 11Declining Used Car Prices Create Downside For Avis Budget
Oct 14Avis Budget Group's (NASDAQ:CAR) Returns On Capital Are Heading Higher
Oct 12Is Avis Budget Group, Inc. (NASDAQ:CAR) Trading At A 34% Discount?
Aug 31Avis Budget Group: Selloff Is A New Buying Opportunity
Aug 22Is Now The Time To Put Avis Budget Group (NASDAQ:CAR) On Your Watchlist?
Aug 03Avis Budget Q2 2022 Earnings Preview
Jul 29Avis Budget Group (NASDAQ:CAR) Is Doing The Right Things To Multiply Its Share Price
Jul 11Ride With Avis Budget Group
Jun 09A Look At The Intrinsic Value Of Avis Budget Group, Inc. (NASDAQ:CAR)
Apr 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD6.59M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Ferraro (66 yo)
4.3yrs
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 |
|---|---|---|---|---|
| Non-Independent Executive Chairman | 4.2yrs | US$5.54m | 1.42% $ 50.3m | |
| CEO & President | 4.3yrs | US$10.27m | 0.74% $ 26.3m | |
| Executive VP & CFO | less than a year | US$2.53m | 0.082% $ 2.9m | |
| Executive VP & Chief Transformation Officer | less than a year | US$3.60m | 0.28% $ 9.9m | |
| Executive VP and Chief Digital & Innovation Officer | 1.8yrs | US$2.47m | 0.0024% $ 86.2k | |
| VP & Chief Accounting Officer | 4.7yrs | no data | 0.018% $ 648.1k | |
| Treasurer & Senior VP of Corporate Finance | 5.3yrs | no data | no data | |
| Senior VP | 17.7yrs | no data | 0.090% $ 3.2m | |
| Head of Marketing | 5.7yrs | no data | no data | |
| Chief Human Resource Officer & Executive VP | 11.2yrs | US$1.51m | 0.15% $ 5.1m | |
| Senior Vice President of Global Travel | no data | no data | no data | |
| Senior Vice President of Revenue | no data | no data | no data |
4.5yrs
Average Tenure
53yo
Average Age
Experienced Management: CAR's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman | 4.2yrs | US$5.54m | 1.42% $ 50.3m | |
| Lead Independent Director | 17.5yrs | US$589.07k | 0% $ 0 | |
| Independent Director | 5.9yrs | US$428.36k | 0% $ 0 | |
| Independent Director | 3.9yrs | no data | no data | |
| Independent Director | 2.3yrs | US$270.00k | 0% $ 0 | |
| Non Independent Vice-Chairman of the Board | 6yrs | no data | no data |
5.0yrs
Average Tenure
51yo
Average Age
Experienced Board: CAR's board of directors are considered experienced (5 years average tenure).