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Avis Budget Group's Overview

Total employees16558
HeadquartersParsippany
Founded

Avis Budget Group, Inc. is a leading American car rental company and a global provider of mobility solutions through its recognized brands, including Avis, Budget, and Zipcar. The company operates in approximately 180 countries worldwide, offering a wide range of services from traditional car and truck rentals for leisure and business travelers to innovative car sharing and ancillary products. Avis Budget Group focuses on delivering quality customer service, leveraging technology for enhanced experiences, and maintaining a diverse fleet to meet various customer needs.

Where is Avis Budget Group's Headquarters?

HQ Function

Serves as the central hub for global operations, strategic decision-making, financial management, technology development, and corporate governance for all Avis Budget Group brands.

Notable Features:

A modern corporate campus designed to foster collaboration and innovation, equipped with amenities to support its large workforce. The specific architectural highlights are typical of contemporary suburban office parks.

Work Culture:

The work culture at Avis Budget Group's headquarters is generally described as fast-paced and dynamic, emphasizing teamwork, customer focus, and continuous improvement. Employees often highlight opportunities for growth and a commitment to diversity and inclusion.

HQ Significance:

The Parsippany headquarters is critical for orchestrating Avis Budget Group's extensive global network, managing its iconic brands, and driving strategic initiatives in the evolving mobility landscape.

Values Reflected in HQ: The headquarters' operations aim to reflect the company's core values such as integrity, respect for individuals, quality, teamwork, and community responsibility, through its workspace design and operational practices.

Location:

Avis Budget Group maintains a significant global presence, operating in approximately 180 countries across North America, Europe, Asia, South America, Africa, Australia, and New Zealand. Its functions supported globally include vehicle rental operations (Avis and Budget brands), car sharing services (Zipcar), customer support, sales and marketing, information technology, fleet management, and financial services. This extensive network allows the company to serve a diverse international customer base for both leisure and business travel.

Street Address:

6 Sylvan Way

City:

Parsippany

State/Province:

New Jersey

Country:

USA

Avis Budget Group's Global Presence

Bracknell, Berkshire, UK

Address: Avis Budget House, Park Road, Bracknell, Berkshire, RG12 2EW, UK

Manages and supports the extensive network of rental locations and business activities within the diverse EMEA market, tailoring services to local customer needs and regulatory environments.

Virginia Beach, Virginia, USA

Address: 300 Centre Pointe Dr, Virginia Beach, VA 23462, USA

Provides centralized support services to enhance efficiency and customer experience for the Avis and Budget brands in the United States and Canada.

Buying Intent Signals for Avis Budget Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Avis Budget Group

As of April 2025, Avis Budget Group' leadership includes:

Joe Ferraro - President and Chief Executive Officer
Izzy Martins - Executive Vice President and Chief Financial Officer (effective June 1, 2024)
Gerard Insall - Executive Vice President and Chief Information Officer
Jeanette Dannenfelser - Executive Vice President and Chief Human Resources Officer
Ned Linnen - Executive Vice President and Chief Legal Officer
Patrick K. Rankin - Executive Vice President, Chief M&A and Strategy Officer
Peter G. Strella - Executive Vice President and Chief Administrative Officer

Investors of Avis Budget Group

Avis Budget Group has been backed by several prominent investors over the years, including:

SRS Investment Management, LLC
The Vanguard Group, Inc.
BlackRock, Inc.
Fidelity Management & Research Company LLC
Dimensional Fund Advisors LP

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Avis Budget Group has seen key leadership transitions in the past year, notably with the appointment of a new Chief Financial Officer.

Departures

Brian Choi, Brian Choi stepped down as EVP and CFO. He will support the transition.

New Appointments:

Izzy Martins, Izzy Martins appointed as the new EVP and CFO. She was previously President of the Americas within Avis Budget Group.

Technology (Tech Stack) used by Avis Budget Group

Discover the tools Avis Budget Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Avis Budget Group Email Formats and Examples

Avis Budget Group commonly uses a standardized email format for its employees, primarily based on names. The most prevalent format is 'firstname.lastname@avisbudget.com'.

[first].[last]@avisbudget.com

Format

jane.doe@avisbudget.com

Example

85%

Success rate

News and media

Avis Budget Group Investor RelationsMay 7, 2024

Avis Budget Group Reports First Quarter 2024 Results

Avis Budget Group announced its financial results for the first quarter of 2024, highlighting revenues of $2.5 billion and Adjusted EBITDA of $90 million. The company noted strong commercial volume and continued cost discipline....more

Avis Budget Group Investor RelationsMarch 26, 2024

Avis Budget Group Appoints Izzy Martins Chief Financial Officer

Avis Budget Group announced the appointment of Izzy Martins as Executive Vice President and Chief Financial Officer, effective June 1, 2024. Ms. Martins, currently President of the Americas, will succeed Brian Choi....more

Avis Budget Group Investor RelationsFebruary 13, 2024

Avis Budget Group Reports Record Full Year 2023 Results

Avis Budget Group reported its fourth quarter and full-year 2023 financial results, achieving record full-year revenues of $12.0 billion and Adjusted EBITDA of $2.5 billion. The company emphasized its strong performance despite a dynamic macroeconomic environment....more

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