Leadership change Brian J. Choi was promoted to Chief Executive Officer (from Chief Transformation Officer) · DEF 14A, Apr 2 2026

Avis Budget Group, Inc. ·CAR

Power concentrated in six EVPs beneath a new CEO

Retailing · Fortune #360 · Hybrid structure · 20K employees · Parsippany, New Jersey

View as of:
5
CEO span
↓ tighter than peers (avg 10)
2.3
Avg span
tight
3
Max depth
3 levels
4.8 yr
Avg tenure
↓ 2.4yr from FY2024
60%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$11.7B
Net income
$-889000000
Total assets
$31.3B
Shares out
35M

Sourced from Avis Budget Group, Inc. DEF 14A · filed 2026-04-02 ↗ View on SEC

Interactive org chart

Avis Budget Group, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Power concentrated in six EVPs beneath a new CEO. This page maps Avis Budget Group’s post‑2025 leadership structure, detailing the executive team, functional reporting lines, recent CEO/CFO transitions, and how its unusually COO‑less structure compares with peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Brian J. Choi moved into Chief Executive Officer

Promoted to CEO effective July 1, 2025 following planned succession.

Source · See change log

Scenario views in the chart

  • Add Chief Operating Officer Introduce a COO reporting to the CEO to centralize fleet, operations and brand execution, reducing CEO span.
  • Shift Digital under CFO Move Digital & Innovation to report to the CFO to tighten capital discipline on technology investment.

Atlas work this supports

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The people

Who's running this

7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Brian J. Choi

Chief Executive Officer

Executive

1 yr

16 reports

Daniel Cunha

Executive Vice President & Chief Financial Officer

Finance

1 yr

3 reports

internal

Edward P. Linnen

Executive Vice President & Chief Human Resources Officer

Human Resources

11 yr

3 reports

Ravi Simhambhatla

Executive Vice President & Chief Digital and Innovation Officer

Technology

4 yr

3 reports

internal

Jean M. Sera

Senior Vice President, General Counsel & Corporate Secretary

Legal

6 yr

2 reports

internal

Cathleen DeGenova

Senior Vice President & Chief Accounting Officer

Finance

2 yr

0 reports

Jagdeep Pahwa

Executive Chairman

Board / Executive

1 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 4 named executive officers disclosed. Bar length scales with total compensation.

Brian J. Choi $5.9M
Base salary
$838K
Stock awards
$4.29M
Non-equity incentive
$765K
Other
$34K
Fiscal year
FY2025
Daniel Cunha $1.9M
Base salary
$325K
Stock awards
$1.21M
Non-equity incentive
$262K
Other
$128K
Fiscal year
FY2025
Ravi Simhambhatla $2.2M
Base salary
$500K
Stock awards
$1.15M
Non-equity incentive
$382K
Other
$162K
Fiscal year
FY2025
Edward P. Linnen $1.9M
Base salary
$600K
Stock awards
$830K
Non-equity incentive
$391K
Other
$66K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements
CEO base salary
NEO base salary
Director cash retainer

Robust executive and director stock ownership guidelines disclosed in proxy.

The businesses

How Avis Budget Group, Inc. divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Finance

800 employees

EVP & CFO (Daniel Cunha)

Oversees financial planning, accounting, treasury, tax and investor reporting across the enterprise.

Digital & Innovation

2K employees

EVP & Chief Digital and Innovation Officer (Ravi Simhambhatla)

Leads technology platforms, digital product, data, analytics and enterprise transformation initiatives.

Human Resources

400 employees

EVP & CHRO (Edward P. Linnen)

Manages global workforce strategy, labor relations, compensation, benefits and talent development.

Legal & Compliance

150 employees

SVP, General Counsel (Jean M. Sera)

Responsible for legal affairs, compliance, corporate governance and regulatory matters.

The thesis

Why this org is unusual

Power is unusually concentrated in a tight band of six executive vice presidents reporting directly to a first‑year CEO.

Avis Budget Group operates without a COO, leaving operational coordination to the CEO and functional EVPs. The structure emphasizes finance, digital transformation, and people operations rather than regional or brand‑level P&L autonomy.

This hybrid enterprise model reflects the company’s post‑2025 transition: a new CEO promoted internally, a recently hired CFO, and long‑tenured functional leaders in HR and Legal. Digital and innovation are elevated to EVP level, signaling technology‑led transformation, while traditional operations remain embedded within functional lines rather than standalone divisions.

  • No Chief Operating Officer
  • Digital & Innovation elevated to EVP
  • New CEO promoted internally in 2025

The comparison

How Avis Budget Group, Inc. stacks up

Compared with other global mobility and travel companies, Avis Budget Group maintains a leaner C‑suite and fewer management layers. Peers such as Hertz and Booking Holdings typically include a COO or divisional presidents with explicit P&L control, increasing depth but diluting CEO span. Avis’s flatter structure …

C-suite size

Avis Budget Group, Inc.
7
Hertz Global Holdings
8
Expedia Group
10
Uber Technologies
11

Reporting depth

Avis Budget Group, Inc.
3 levels
Hertz Global Holdings
5 levels
Expedia Group
6 levels
Uber Technologies
6 levels

Avg C-suite tenure

Avis Budget Group, Inc.
5 yr
Hertz Global Holdings
4 yr
Expedia Group
5 yr
Uber Technologies
4 yr

Has COO / Has CAIO

Avis Budget Group, Inc. — no COO — no CAIO
Hertz Global Holdings ✓ COO — no CAIO
Booking Holdings ✓ COO — no CAIO
Expedia Group ✓ COO — no CAIO
Uber Technologies — no COO ✓ CAIO

Current signals

What changed recently

The most consequential change was the July 2025 CEO succession, elevating Brian Choi and resetting the executive team.

  • promoted
    Brian J. Choi Chief Executive Officer

    Promoted to CEO effective July 1, 2025 following planned succession.

    Source
  • new
    Daniel Cunha EVP & Chief Financial Officer

    Joined as CFO effective July 1, 2025, replacing Izzy Martins.

    Source
  • Date not confirmed reorg
    Executive Leadership CEO/CFO transition

    CEO and CFO transitions completed in mid‑2025, reshaping top leadership team.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-02
CEO
Brian J. Choi
CEO span
5
C-suite
6
Avg tenure
4.8 yr

First full proxy reflecting CEO and CFO succession.

Named executive officers (5)
  • Brian J. Choi - Chief Executive Officer since 2025
  • Daniel Cunha - Chief Financial Officer since 2025
  • Jagdeep Pahwa - Executive Chairman since 2025
  • Ravi Simhambhatla - Chief Digital & Innovation Officer since 2022
  • Edward P. Linnen - Chief Human Resources Officer since 2015
FY2024
DEF 14A filed 2025-03-27
CEO
Joseph A. Ferraro
CEO span
5
C-suite
6
Avg tenure
7.2 yr

CEO succession announced but not yet effective.

Named executive officers (5)
  • Joseph A. Ferraro - President & CEO since 2020
  • Izilda P. Martins - Chief Financial Officer since 2024
  • Brian J. Choi - Chief Transformation Officer since 2024
  • Ravi Simhambhatla - Chief Digital & Innovation Officer since 2022
  • Edward P. Linnen - Chief Human Resources Officer since 2015
FY2023
10-K filed 2024-02-14
CEO
Joseph A. Ferraro
CEO span
5
C-suite
6
Avg tenure
8.1 yr

Stable leadership prior to transformation and succession planning.

Named executive officers (5)
  • Joseph A. Ferraro - President & CEO since 2020
  • Brian J. Choi - Chief Financial Officer since 2020
  • Ravi Simhambhatla - Chief Digital & Innovation Officer since 2022
  • Edward P. Linnen - Chief Human Resources Officer since 2015
  • Jean M. Sera - General Counsel since 2020

Year-over-year changes

FY2024 → FY2025

2025 marked a clean CEO and CFO transition, materially reducing average C‑suite tenure.

  • CEO span: 5 → 5
  • C-suite size: 6 → 6
  • Avg tenure: 7.2 → 4.8 yr
  • promoted Brian J. Choi - Chief Executive Officer (was Chief Transformation Officer) (DEF 14A, Apr 2 2026)
  • departed Joseph A. Ferraro - President & CEO (DEF 14A, Apr 2 2026)
  • new Daniel Cunha - Chief Financial Officer (DEF 14A, Apr 2 2026)

The board

Board of directors

6 directors. 4 of 6 independent (67%). Source: most recent DEF 14A.

Jagdeep Pahwa

Chair Inside

Executive Chairman, Avis Budget Group

Director since 2020

Lynn Krominga

Lead Indep. Independent

Management Consultant

Director since 2006 · Age 75

Glenn Lurie

Independent

General Partner, Stormbreaker Ventures

Director since 2018 · Age 60

Also on: Synchronoss Technologies

Karthik Sarma

Independent

Managing Partner, SRS Investment Management

Director since 2020 · Age 51

Anu Hariharan

Independent

Founder & Managing Partner, Avra

Director since 2022 · Age 45

Bernardo Hees

Inside

Operating Partner, The Cranemere Group

Director since 2020 · Age 56

Also on: Krispy Kreme

The board, organized

Board committees

3 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent
  • Glenn Lurie Chair
  • Lynn Krominga
  • Anu Hariharan

Compensation Committee

100% independent
  • Karthik Sarma Chair
  • Lynn Krominga
  • Glenn Lurie

Corporate Governance Committee

100% independent
  • Lynn Krominga Chair
  • Karthik Sarma

Frequently Asked Questions

Who is the CEO of Avis Budget Group?

Brian J. Choi has served as Chief Executive Officer since July 1, 2025, following an internal promotion.

What type of organizational structure does Avis Budget Group use?

Avis Budget Group uses a hybrid enterprise structure with strong functional leadership and limited divisional autonomy.

How many direct reports does Avis Budget Group's CEO have?

The CEO has five direct reports, all at the EVP or SVP level.

How has Avis Budget Group's leadership changed recently?

In 2025 the company completed a CEO and CFO transition, promoting Brian Choi and hiring Daniel Cunha as CFO.

Does Avis Budget Group have a COO?

No. Avis Budget Group operates without a Chief Operating Officer, with operational oversight retained by the CEO and EVPs.

Sources

  • Company Press Release, Feb 2025
  • Company Press Release, Jun 2025
  • DEF 14A Filing, Apr 2026
  • SEC EDGAR: Avis Budget Group, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: Avis Budget Group, Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). Avis Budget Group, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/avis-budget-group/
MLA 9th
"Avis Budget Group, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/avis-budget-group/. Accessed .
Chicago 17
Creately. "Avis Budget Group, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/avis-budget-group/.
Original SEC source View on SEC ↗
Avis Budget Group, Inc.. DEF 14A. Filed 2026-04-02. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/723612/000114036126012980/ny20066167x1_def14a.htm

Permanent URL: https://creately.com/org-chart/fortune-500/avis-budget-group/ · last updated 2026-04-01

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