• Avis Budget Group, Inc
  •  Overview
  • Last Modified:
  • July 10, 2025
  • Company type:
  • Public
  • Industry:
  • Automobile
  • Verified:
  • No
  • No of Employees:
  • 10 001 - 50 000
  • Stock Code:
  • CAR
  • Download
  • Signed Health Status Declaration Form
  • Turnover $50m + ?:
  • Yes
  • Headquarters:
  •  Parsippany, New Jersey
  • Public Interest Score:
  • 750+

 

  • Avis Budget Group, Inc
  • General Information

Description

Avis Budget Group, Inc. is an American car rental agency holding company with its headquarters in Parsippany, New Jersey. It serves as the parent company for several well-known brands in the industry, such as Avis Car Rental: Founded in 1946 by Warren Avis, it opened the world’s first airport car rental location at Willow Run Airport in Detroit, starting with just three cars. Today, Avis operates from over 5,000 locations in 165 countries worldwide. Budget Rent a Car: Another prominent brand under Avis Budget Group, Budget provides car rental services globally. It’s a trusted choice for travelers seeking affordable options. As well as Zipcar: Avis Budget Group also owns Zipcar, which is the world’s leading car-sharing network. With more than 900,000 members, Zipcar offers convenient and flexible transportation solutions for urban dwellers and those who prefer shared mobility.

Bernardo Hees:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Jagdeep Pahwa:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Anu Hariharan:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Lynn Krominga:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Glenn Lurie:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Karthik Sarma:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

  • Company Information
  • Company System Number:
  • 14828
  • Founded Year: 
  • 1946
  • Registration Number: 
  • 06-0918165
  • Country: 
  • United States of America
  • Stock Exchanges: 
    • NASDAQ Stock Exchange
  • Financial year end: 
  • December
  • No. of Countries operations: 
  • 180
  • Company Status: 
  • In Business
  • Industry Sub Category: 
  • Rental & Leasing Services
  • Date listed on Stock Exchange: 
  • 07/04/1995

 

  • Contact Information
  • Business operation: 
  • Avis Budget Group Inc (Avis Budget) is a provider of car and truck rental and car sharing services. It provides car rental services to the premium commercial and leisure segments of the travel industry. Avis Budget also operates as a rental car supplier to price-conscious travelers.
  • Primary office: 
  • 6 Sylvan Way, Parsippany, New Jersey, 07054

 

  • Additional Information
  • Listed?: 
  • Yes
  • Company secretary: 
  • Jean Sera
  • Reporting currency: 
  • USD
  • ISIN number (12 digit): 
NASDAQ
US0537741052
  • Authorised shares:
  • 250 000 000
  • Issued shares:
  • 137 000 000
  • No of shareholders:
  • 1001 and more shareholders
  • No of shareholders holding 20%:
  • 1 shareholder
  • Number of shares traded
  • Per Year:
  • Per Quarter:
  • Per Month:

 

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Shareholders holding 5% +


For a comprehensive list, please contact InsidEntity.

Material Subsidiaries/Associates


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Credit Rating

NameLogoCountryHeadquartersRating
Moody's RatingCredit LogoUnited States of AmericaNew YorkAa1

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Bernardo

Executive
NationalityAmerican
56
RoleED
QualificationMBA. Bachelors Echonomics, President management program.
Date Appointed: 01/01/2020
Duration:
6 years and 8 months
Independance: Y
Profile
Name

Jagdeep

Executive
NationalityIndia
52
RoleED
QualificationBTech, MS Chem.Eng, MBA
Date Appointed: 02/04/2018
Duration:
8 years and 5 months
Independance: Y
Profile
Name

Anu

Non Executive
NationalityIndia
45
RoleNED
QualificationGraduate Degree, MBA, Undergraudate Degree
Date Appointed: 03/01/2022
Duration:
4 years and 8 months
Independance: Y
Profile
Name

Lynn

Non Executive
NationalityAmerican
75
RoleNED
QualificationJD, BA German
Date Appointed: 03/10/2006
Duration:
19 years and 11 months
Independance: N
Profile
Name

Glenn

Non Executive
NationalityAmerican
60
RoleNED
QualificationIT
Date Appointed: 01/05/2018
Duration:
8 years and 4 months
Independance: Y
Profile
Name

Karthik

Non Executive
NationalityIndia
51
RoleNED
QualificationBTech, MA
Date Appointed: 06/05/2020
Duration:
6 years and 3 months
Independance: Y
Profile

 

Directors Tenure

Name
Duration
Name

Bernardo Hees

Duration6 years and 8 months
Profile
Name

Jagdeep Pahwa

Duration8 years and 5 months
Profile
Name

Anu Hariharan

Duration4 years and 8 months
Profile
Name

Lynn Krominga

Duration19 years and 11 months
Profile
Name

Glenn Lurie

Duration8 years and 4 months
Profile
Name

Karthik Sarma

Duration6 years and 3 months
Profile

 

Director Experience

Name
Experience
Name

Bernardo

Experience Business Services, Food Chain, Restaurant
Profile
Name

Jagdeep

Experience Investment, Financial Services, Telecom
Profile
Name

Anu

Experience Financial Services, Investment, Business Services
Profile
Name

Lynn

Experience Business Services, Investment, Legal
Profile
Name

Glenn

Experience Business Services, Telecom, Technology
Profile
Name

Karthik

Experience Investment, Financial Services, Automobile
Profile

 

Company Auditors

Name
Date Appointed
Years
Name

Deloitte

Date Appointed01/01/1997
Year29 years and 8 months
Profile

 

 

Company Committees

Name

Bernardo Hees

Mainboard, Audit, Remuneration BD
Profile
Name

Jagdeep Pahwa

Mainboard, Audit, Remuneration BD
Profile
Name

Anu Hariharan

Mainboard, Audit, Remuneration BD, AU
Profile
Name

Lynn Krominga

Mainboard, Audit, Remuneration BD, AU, RE, NG
Profile
Name

Glenn Lurie

Mainboard, Audit, Remuneration BD, AU, RE
Profile
Name

Karthik Sarma

Mainboard, Audit, Remuneration BD, RE, NG
Profile

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT