Avis Budget Group, Inc.
6 Sylvan Way
Parsippany,
NJ 07054
Phone: 973-496-4700
Fax: 212-413-1924
Web Site: http://www.avisbudgetgroup.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| Avis Budget Group, Inc. provides car and truck rentals, and ancillary services to businesses and consumers in the United States and internationally. The company supplies rental cars to the premium commercial and leisure segments of the travel industry under the Avis brand name; and to the price-conscious segments of the industry under the Budget brand name. It also provides Avis Preferred, a counter bypass program; Where2, a GPS navigation system; Avis Cool Cars, a line of fun-to-drive vehicles; Roving Rapid Return, a wireless technology, which permits customers to obtain a printed charge record from service agents; Avis Access, a program for drivers and passengers with disabilities; Avis Interactive, a management tool for corporate clients to view and analyze their rental activity via Internet through account analysis and activity reports; Avis First Program, a customer loyalty program that rewards customers with additional benefits for frequent rentals; and Chauffeur Drive, a service, which allows customers to hire a professional driver to drive their Avis rental car. In addition, the company offers Fastbreak, an expedited rental service for frequent travelers; Budget Small Business Program, a program for small businesses that offers discounted rates and central billing options; and Unlimited Budget, a loyalty program for travel professionals. Further, it engages in the sale and/or rental of supplemental equipment, loss damage waivers, additional/supplemental liability insurance, personal accident/effects insurance, fuel service options, fuel service charges, and electronic toll collection. It was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in August 2006. Avis Budget Group was founded in 1946 and is based in Parsippany, New Jersey. |
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Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Ronald L. Nelson , 56
Chairman, Chief Exec. Officer and Chairman of Exec. Committee |
$
1.00M |
$
0 | Mr. F. Robert Salerno , 58
Pres, Chief Operating Officer, Director and Member of Exec. Committee |
$
700.00K |
$
0 | Mr. David B. Wyshner , 42
Chief Financial Officer and Exec. VP |
$
525.00K |
$
0 | Mr. Patric T. Siniscalchi , 60
Exec. VP of International Operations |
$
454.00K |
$
0 | Mr. Mark J. Servodidio , 44
Chief Human Resource Officer and Exec. VP |
$
372.00K |
$
0 |
|
|
|
Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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