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 $22.32 million as of December 15th, 2023. Mr. Ferraro owns 217,405 shares of Avis Budget Group stock worth more than $22,320,971 as of November 23rd. 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 within the last three months. 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.

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.

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., 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