Avis Budget Group

Parsippany, N.J., July 29, 2025 – Avis Budget Group, Inc. (NASDAQ: CAR), a leading global provider of mobility solutions, today announced a multi-year strategic partnership with Waymo, the leader in self-driving technology, to launch and scale a fully autonomous ride-hailing service in Dallas.

Avis Budget Group reported second-quarter 2025 revenue of $3.0 billion, net income of $5 million, and Adjusted EBITDA of $277 million.

Avis Budget Group reported third-quarter 2025 revenue of $3.5 billion, net income of $360 million, and Adjusted EBITDA of $559 million.

Anna Pawlak-Kuliga was named President of International at Avis Budget Group in November 2024, overseeing its international region. Anna Pawlak-Kuliga previously held leadership roles at IKEA.

Brian Choi became Chief Executive Officer of Avis Budget Group in July 2025, after serving as Executive Vice President and Chief Transformation Officer, Chief Financial Officer, and a member of the Board of Directors.

Daniel Cunha joined Avis Budget Group as Executive Vice President and Chief Financial Officer in July 2025. He previously served as Chief Financial Officer at Orion Services Group, Ocean Spray, and Heinz North America.

Ned Linnen has served as Executive Vice President and Chief Human Resources Officer at Avis Budget Group since January 2015, overseeing its global human resources activities. He joined the company in 2001.

The company says it has 80 years of making plans and keeping them.

Effective Date: January 1, 2020 Last updated: January 1, 2020

The Avis Budget Group corporate website is controlled by Avis in the United States. Its terms address binding individual arbitration, waiver of jury trial, and limits on lawsuits and class actions.