Joseph A.  Ferraro net worth and biography

Joseph Ferraro Biography and Net Worth

Joe Ferraro was appointed President and Chief Executive Officer for Avis Budget Group in June 2020, following a six-month period as interim CEO.

Prior to this, Mr. Ferraro served as President, Americas, for Avis Budget Group. In this role, Mr. Ferraro was responsible for the Company’s Avis, Budget, Payless and Zipcar brands in North and South America, including Latin America and the Caribbean. Mr. Ferraro was previously Senior Vice President of Operations, North America, where he oversaw all Avis and Budget car and truck rental operations in the United States and Canada, including airport and local market locations. He has 40 years of experience with Avis Budget Group, holding various positions of increasing responsibility.

Mr. Ferraro holds a Bachelor’s degree from Syracuse University.

What is Joseph A. Ferraro's net worth?

The estimated net worth of Joseph A. Ferraro is at least $17.69 million as of December 15th, 2023. Mr. Ferraro owns 217,405 shares of Avis Budget Group stock worth more than $17,694,593 as of December 25th. This net worth evaluation does not reflect any other assets that Mr. Ferraro may own. Additionally, Mr. Ferraro receives a salary of $5,070,000.00 as CEO at Avis Budget Group. Learn More about Joseph A. Ferraro's net worth.

How old is Joseph A. Ferraro?

Mr. Ferraro is currently 67 years old. There are 8 older executives and no younger executives at Avis Budget Group. Learn More on Joseph A. Ferraro's age.

What is Joseph A. Ferraro's salary?

As the CEO of Avis Budget Group, Inc., Mr. Ferraro earns $5,070,000.00 per year. Learn More on Joseph A. Ferraro's salary.

How do I contact Joseph A. Ferraro?

The corporate mailing address for Mr. Ferraro 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 Joseph A. Ferraro's contact information.

Has Joseph A. Ferraro been buying or selling shares of Avis Budget Group?

Joseph A. Ferraro has not been actively trading shares of Avis Budget Group during the past quarter. Most recently, Joseph A. Ferraro sold 18,460 shares of the business's stock in a transaction on Friday, December 15th. The shares were sold at an average price of $195.41, for a transaction totalling $3,607,268.60. Following the completion of the sale, the chief executive officer now directly owns 217,405 shares of the company's stock, valued at $42,483,111.05. Learn More on Joseph A. Ferraro'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.

Joseph A. Ferraro Insider Trading History at Avis Budget Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/15/2023Sell18,460$195.41$3,607,268.60217,405View SEC Filing Icon  
12/15/2022Sell16,000$184.96$2,959,360.00170,309View SEC Filing Icon  
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Joseph A. Ferraro Buying and Selling Activity at Avis Budget Group

This chart shows Joseph A Ferraro'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. engages in the provision of vehicle sharing and rental services. It operates through the following segments: Americas, International, and Corporate and Other. The Americas segment includes the vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean. The International segment is involved in the vehicle rental and car sharing operations in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded in 1946 and is headquartered in Parsippany, NJ.
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Today's Range

Now: $81.39
Low: $79.77
High: $83.49

50 Day Range

MA: $93.74
Low: $78.55
High: $109.07

2 Week Range

Now: $81.39
Low: $65.73
High: $183.80

Volume

340,806 shs

Average Volume

710,769 shs

Market Capitalization

$2.86 billion

P/E Ratio

7.43

Dividend Yield

N/A

Beta

2.2