Avis Budget Group announces new cooperation agreement with SRS Investment Management

PARSIPPANY, N.J., 2020-Feb-25 — /Travel PR News/ — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) today (Feb. 24, 2020) announced that it has entered into a new cooperation agreement with SRS Investment Management, LLC (“SRS”), the Company’s largest shareholder. The terms of the new approximately two-year cooperation agreement include the appointment of Jagdeep Pahwa,… Read the full press release

Avis Budget Group welcomes Bernardo Hees to its Board of Directors

PARSIPPANY, N.J., 2020-Feb-11 — /Travel PR News/ — Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) today (Feb. 10, 2020) announced that Bernardo Hees has been appointed to the Company’s Board of Directors (the “Board”) and named Independent Chairman of the Board and Chair of the Board’s Executive Committee, effective immediately. Over the last 15… Read the full press release

Avis Budget Group appoints Joe Ferraro as Interim Chief Executive Officer

PARSIPPANY, N.J., 2020-Jan-03 — /Travel PR News/ — Avis Budget Group, Inc. (NASDAQ: CAR) today (Dec. 30, 2019) announced that its Board of Directors has appointed Joe Ferraro, President, Americas, as Interim Chief Executive Officer, effective January 1, 2020. Mr. Ferraro’s appointment reflects the previously announced departure at year-end of Larry De Shon, President and Chief… Read the full press release

Avis Budget Group announces planned departure of President and CEO Larry De Shon

PARSIPPANY, N.J., 2019-May-30 — /Travel PR News/ — Avis Budget Group, Inc. (NASDAQ: CAR) today (May 28, 2019 ) announced the planned departure of President and Chief Executive Officer Larry De Shon after a 13-year career with the Company. Mr. De Shon will remain in his current positions until his successor has been named and will… Read the full press release