Bernardo  Hees net worth and biography

Bernardo Hees Biography and Net Worth

Chairman of Avis Budget Group
Mr. Hees, age 51, has been a director since February 2020. Previously, Mr. Hees served as Chief Executive Officer of The Kraft Heinz Company from 2015 to June 2019. He served as Chief Executive Officer of H.J. Heinz Holding Corporation from 2013 until its merger with Kraft Foods Group in 2015. From 2010 to 2013, Mr. Hees served as Chief Executive Officer of Burger King Worldwide Holdings, Inc., a global fast food restaurant chain, and Burger King Worldwide, Inc. from 2012 to 2013. From 2005 to 2010, he was Chief Executive Officer of América Latina Logística, a Brazilian logistics company. Mr. Hees was also a partner at 3G Capital, a global investment firm, from 2010 to 2019. Mr. Hees is also a director of Bunge Limited, which files reports pursuant to the Exchange Act. Specific Qualifications, Attributes, Skills and Experience: · Chief Executive Officer experience· Public company board experience· International experience· Diverse personal background Provided by Tagnifi.

What is Bernardo Hees' net worth?

The estimated net worth of Bernardo Hees is at least $40.31 million as of December 13th, 2022. Mr. Hees owns 485,615 shares of Avis Budget Group stock worth more than $40,306,045 as of October 31st. This net worth approximation does not reflect any other investments that Mr. Hees may own. Additionally, Mr. Hees receives an annual salary of $1,540,000.00 as Chairman at Avis Budget Group. Learn More about Bernardo Hees' net worth.

How old is Bernardo Hees?

Mr. Hees is currently 54 years old. There are 6 older executives and no younger executives at Avis Budget Group. The oldest executive at Avis Budget Group is Mr. Joseph A. Ferraro, CEO & President, who is 67 years old. Learn More on Bernardo Hees' age.

What is Bernardo Hees' salary?

As the Chairman of Avis Budget Group, Inc., Mr. Hees earns $1,540,000.00 per year. There are 4 executives that earn more than Mr. Hees. The highest earning executive at Avis Budget Group is Mr. Joseph A. Ferraro, CEO & President, who commands a salary of $5,070,000.00 per year. Learn More on Bernardo Hees' salary.

How do I contact Bernardo Hees?

The corporate mailing address for Mr. Hees and other Avis Budget Group executives is 6 SYLVAN WAY, PARSIPPANY NJ, 07054. Avis Budget Group can also be reached via phone at (973) 496-4700 and via email at [email protected]. Learn More on Bernardo Hees' contact information.

Has Bernardo Hees been buying or selling shares of Avis Budget Group?

Bernardo Hees has not been actively trading shares of Avis Budget Group within the last three months. Most recently, Bernardo Hees sold 20,000 shares of the business's stock in a transaction on Tuesday, December 13th. The shares were sold at an average price of $189.17, for a transaction totalling $3,783,400.00. Following the completion of the sale, the chairman now directly owns 485,615 shares of the company's stock, valued at $91,863,789.55. Learn More on Bernardo Hees' trading history.

Who are Avis Budget Group's active insiders?

Avis Budget Group's insider roster includes Brian Choi (CFO), Cathleen Degenova (CAO), Joseph Ferraro (CEO), Bernardo Hees (Chairman), Lynn Krominga (Director), Edward Linnen (EVP), Glenn Lurie (Director), Izilda Martins (EVP), Patrick Rankin (Insider), Jean Sera (SVP), and Veresh Sita (EVP). Learn More on Avis Budget Group's active insiders.

Are insiders buying or selling shares of Avis Budget Group?

During the last year, insiders at the business services provider sold shares 2 times. They sold a total of 22,410 shares worth more than $4,380,915.60. The most recent insider tranaction occured on December, 15th when CEO Joseph A Ferraro sold 18,460 shares worth more than $3,607,268.60. Insiders at Avis Budget Group own 52.0% of the company. Learn More about insider trades at Avis Budget Group.

Information on this page was last updated on 12/15/2023.

Bernardo Hees Insider Trading History at Avis Budget Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/13/2022Sell20,000$189.17$3,783,400.00485,615View SEC Filing Icon  
6/10/2022Buy29,400$168.69$4,959,486.00479,876View SEC Filing Icon  
5/24/2022Buy28,334$172.78$4,895,548.52450,476View SEC Filing Icon  
5/18/2022Buy26,000$189.90$4,937,400.00422,142View SEC Filing Icon  
11/17/2021Sell43,389$275.06$11,934,578.34View SEC Filing Icon  
5/12/2021Buy63,000$79.39$5,001,570.00View SEC Filing Icon  
2/9/2020Buy430,169$34.87$14,999,993.03View SEC Filing Icon  
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Bernardo Hees Buying and Selling Activity at Avis Budget Group

This chart shows Bernardo Hees's buying and selling at Avis Budget Group by year and by quarter.

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Avis Budget Group Company Overview

Avis Budget Group logo
Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of dealer-operated and company-operated locations that serve the light commercial and consumer sectors in the continental United States. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services; and access to satellite radio, mobile WiFi devices, GPS navigation, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Avis Budget Group Business Intelligence, an online portal complete with rental summary dashboards, visualizations, and detailed reports. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.
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Today's Range

Now: $83.00
Low: $82.75
High: $86.55

50 Day Range

MA: $81.94
Low: $67.43
High: $89.03

2 Week Range

Now: $83.00
Low: $65.73
High: $204.77

Volume

823,045 shs

Average Volume

712,854 shs

Market Capitalization

$2.96 billion

P/E Ratio

3.94

Dividend Yield

N/A

Beta

2.13