Avis Budget Group Chairman, CEO Recognized as Influential Executive of Business Travel Industry

Ronald L. Nelson, chairman and CEO of Avis Budget Group (ABG) was featured in Business Travel News' annual list of the "Top 25 Most Influential Executives" for the second consecutive year.

Nelson was recognized for his leadership role in ABG’s 2011 acquisition of Avis Europe, which re-united global ownership of the Avis and Budget brands under a single corporate umbrella, and transformed ABG into the only company in the vehicle rental industry operating two global brands. Nelson has served as the chairman and CEO since 2006.

According to Business Travel News, executives named to the list for 2011 were chosen for having made decisions that "had farther-reaching influence in a turbulent time."

For ABG, the increase in the company's global reach provides a number of significant opportunities to compete for multinational commercial accounts and leisure renters, improve operational efficiencies through reduced costs and increased economies of scale, and deliver a more consistent rental experience around the world.

The acquisition also provides ABG with a major presence in fast-growing travel regions such as China and India, where Avis is already an established brand.

"Re-uniting Avis and Budget to make them truly global brands has been an objective of ours for many years," Nelson said. "In 2011, market conditions were finally right for us to take this important step forward to help drive sustained growth for our shareholders while improving our customers' experience around the world."

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

Job Finder: Access Top Talent. Fill Key Positions.