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Avis Budget Group Appoints Joe Ferraro as Chief Executive Officer

PUBLIC · CARMay 30, 2026

Position

Chief Executive Officer

Company

Avis Budget Group

Joe Ferraro
ParsippanyTravel

Description

Avis Budget Group has announced the appointment of Joe Ferraro as CEO, effective immediately. Ferraro has been serving as the interim CEO and has extensive experience within the company.

Company Information

Company

Avis Budget Group

Location

Parsippany, New Jersey, United States

About

Avis Budget Group, Inc. is a leading global provider of transportation solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world.

Fundz sees it the moment Avis Budget Group changes its leadership, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Avis Budget Group changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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