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 5.08 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 $23.24M. The average tenure of the management team and the board of directors is 2.6 years and 5.9 years respectively.
Key information
Joe Ferraro
Chief executive officer
US$10.3m
Total compensation
| CEO salary percentage | 12.1% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.6yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Returns Are Gaining Momentum At Avis Budget Group (NASDAQ:CAR)
Feb 04
Avis Budget Group, Inc.'s (NASDAQ:CAR) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Nov 20Avis Budget Group (NASDAQ:CAR) Is Looking To Continue Growing Its Returns On Capital
Nov 02Avis Budget Group Is Still Not A Buy Unless You Expect Plunging Interest Rates
Oct 20Avis Budget Group, Inc.'s (NASDAQ:CAR) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 06Avis Budget Group: Concerns Are Mostly Priced In, But I Am Not Buying Yet
Aug 09Benign Growth For Avis Budget Group, Inc. (NASDAQ:CAR) Underpins Its Share Price
Aug 07Investors Will Want Avis Budget Group's (NASDAQ:CAR) Growth In ROCE To Persist
Jul 11Avis Budget Group: Company Getting Very Attractive Now But Caution Warranted
May 05The Market Doesn't Like What It Sees From Avis Budget Group, Inc.'s (NASDAQ:CAR) Earnings Yet
Apr 18Avis 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 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$396m |
| Jun 30 2024 | n/a | n/a | US$785m |
| 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$165m |
Compensation vs Market: Joe's total compensation ($USD10.27M) is above average for companies of similar size in the US market ($USD6.61M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Ferraro (67 yo)
5.1yrs
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 | 5.1yrs | US$10.27m | 0.75% $ 23.2m | |
| Executive VP & CFO | 1.1yrs | US$2.53m | 0.083% $ 2.6m | |
| Executive VP & Chief Transformation Officer | 1.1yrs | US$3.60m | 0.28% $ 8.7m | |
| Executive VP and Chief Digital & Innovation Officer | 2.6yrs | US$2.47m | 0.032% $ 996.0k | |
| VP & Chief Accounting Officer | 5.5yrs | no data | 0.019% $ 573.0k | |
| Treasurer & Senior VP of Corporate Finance | 6.1yrs | no data | no data | |
| Senior VP | 18.5yrs | no data | 0.090% $ 2.8m | |
| Chief Human Resource Officer & Executive VP | 12yrs | US$1.51m | 0.15% $ 4.5m | |
| Senior Vice President of Global Travel | no data | no data | no data | |
| Senior Vice President of U.S. Operations | less than a year | no data | no data | |
| Executive VP & Chief Commercial Officer of Americas | less than a year | no data | no data | |
| Executive VP & Chief Commercial Officer of International | less than a year | no data | no data |
2.6yrs
Average Tenure
54yo
Average Age
Experienced Management: CAR's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Lead Independent Director | 18.3yrs | US$589.07k | 0% $ 0 | |
| Director | 5yrs | US$5.54m | 1.45% $ 44.9m | |
| Independent Director | 6.8yrs | US$428.36k | 0% $ 0 | |
| Independent Director | 4.8yrs | no data | no data | |
| Independent Director | 3.1yrs | US$282.85k | 0% $ 0 | |
| Chairman | 6.8yrs | no data | no data |
5.9yrs
Average Tenure
52yo
Average Age
Experienced Board: CAR's board of directors are considered experienced (5.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 08:27 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Avis Budget Group, Inc. is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fred Lowrance | Avondale Partners |
| Brian Johnson | Barclays |
| Dan Levy | Barclays |