Edward P.  Linnen net worth and biography

Edward Linnen Biography and Net Worth

Ned Linnen has been Executive Vice President, Chief Human Resources Officer since January 2015. In this role, he oversees Avis Budget Group’s global human resources activities including: organizational development, labor and employee relations, talent acquisition and diversity strategies, total rewards strategies, equal employment compliance, health and safety, and employee engagement initiatives.

Mr. Linnen joined Avis Budget Group in 2001, and has since held positions of increased responsibility, including Senior Vice President of Human Resources for North America, Vice President of Labor Relations, Vice President of International Human Resources, Vice President of Domestic Human Resources, and Field Human Resources Director.

Prior to joining Avis Budget Group, Mr. Linnen served in various positions within human resources at Kraft Foods Inc. and Nabisco, Inc.

Mr. Linnen holds a Master of Science degree in Organizational Development from Misericordia University and a Bachelor of Science degree in Human Resources and Psychology from King’s College.

What is Edward P. Linnen's net worth?

The estimated net worth of Edward P. Linnen is at least $2.99 million as of February 15th, 2023. Mr. Linnen owns 29,168 shares of Avis Budget Group stock worth more than $2,994,679 as of November 22nd. This net worth approximation does not reflect any other investments that Mr. Linnen may own. Additionally, Mr. Linnen receives a salary of $957,710.00 as EVP at Avis Budget Group. Learn More about Edward P. Linnen's net worth.

How old is Edward P. Linnen?

Mr. Linnen 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 Edward P. Linnen's age.

What is Edward P. Linnen's salary?

As the EVP of Avis Budget Group, Inc., Mr. Linnen earns $957,710.00 per year. There are 5 executives that earn more than Mr. Linnen. 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 Edward P. Linnen's salary.

How do I contact Edward P. Linnen?

The corporate mailing address for Mr. Linnen 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 Edward P. Linnen's contact information.

Has Edward P. Linnen been buying or selling shares of Avis Budget Group?

Edward P. Linnen has not been actively trading shares of Avis Budget Group within the last three months. Most recently, Edward P. Linnen sold 7,300 shares of the business's stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $242.58, for a transaction totalling $1,770,834.00. Following the completion of the sale, the executive vice president now directly owns 29,168 shares of the company's stock, valued at $7,075,573.44. Learn More on Edward P. Linnen's 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 (Director), 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.

Edward P. Linnen Insider Trading History at Avis Budget Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/15/2023Sell7,300$242.58$1,770,834.0029,168View SEC Filing Icon  
11/2/2022Sell9,000$220.78$1,987,020.0036,468View SEC Filing Icon  
11/5/2021Sell8,300$272.14$2,258,762.00View SEC Filing Icon  
3/5/2021Sell8,300$62.49$518,667.0035,038View SEC Filing Icon  
5/7/2018Sell5,000$45.12$225,600.0019,439View SEC Filing Icon  
8/31/2017Sell3,000$36.09$108,270.0017,919View SEC Filing Icon  
8/24/2016Sell4,000$36.69$146,760.0013,589View SEC Filing Icon  
3/4/2015Sell2,700$60.58$163,566.00View SEC Filing Icon  
8/6/2014Sell5,000$59.63$298,150.00View SEC Filing Icon  
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Edward P. Linnen Buying and Selling Activity at Avis Budget Group

This chart shows Edward P Linnen'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: $102.67
Low: $100.54
High: $104.20

50 Day Range

MA: $88.05
Low: $76.36
High: $106.56

2 Week Range

Now: $102.67
Low: $65.73
High: $204.77

Volume

545,897 shs

Average Volume

721,115 shs

Market Capitalization

$3.61 billion

P/E Ratio

9.38

Dividend Yield

N/A

Beta

2.14