Avis Budget Group Inc.
Avis Budget Group Announces New CFO Transition
Summary
Avis Budget Group, Inc. announced on June 9, 2025, the appointment of Daniel Cunha as Chief Financial Officer, effective July 1, 2025. Cunha will succeed Izzy Martins, who will transition out of the role on June 30, 2025. Martins will advise the company until August 31, 2025, to facilitate a smooth transition. Cunha, previously CFO of Orion Services Group, brings extensive financial experience and will be responsible for leading ABG's finance functions.
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Exhibits (2)
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About Avis Budget Group Inc.
Avis Budget Group Inc. is a prominent provider in the vehicle rental and car sharing industry, operating through its well-recognized brands including Avis, Budget, and Zipcar. Its primary function is to offer vehicle leasing services to a variety of customer segments, ranging from individual travelers to large corporate clients. Avis Budget Group significantly impacts the travel and tourism sector, providing essential rental solutions that enhance mobility and convenience for consumers globally. Headquartered in Parsippany, New Jersey, the company maintains a strong presence in over 180 countries, leveraging a comprehensive network that includes on-airport and off-airport locations. Avis Budget Group plays a critical role in the mobility industry, utilizing technology and innovation to streamline the rental experience, such as through mobile app interfaces and automated service offerings. Its strategic position in fleet management and vehicle sales further underscores its importance in the broader transportation market.
Official SEC Documents
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