Wyshner, Avis Budget’s President and CFO, Resigns

David Wyshner. Photo courtesy of Avis Budget Group
David Wyshner. Photo courtesy of Avis Budget Group

Avis Budget Group Inc. has announced the resignation of David B. Wyshner, president and chief financial officer.

Wyshner, who has served as the company's chief financial officer since 2006 and its president since January 2016, will leave the company in June to pursue other opportunities.   

"During his tenure at the company, David consistently delivered results and was instrumental in growing our global footprint and deploying our cash flow to enhance shareholder value," said Larry De Shon, CEO of Avis Budget Group. "We thank David for the work he has done and his dedication to our company, which have positively impacted our strategies and contributed to our success, and wish him all the best in the future."

"I am proud of what the Company has done to drive its evolution as a leading global player in its industry," said Wyshner. "I look forward to moving onto new opportunities. At the same time, I am immensely grateful for the opportunity to have played a role in Avis Budget Group's development and to have worked with so many talented colleagues."

Avis Budget intends to appoint Martyn Smith, who previously served as finance director of the company's Avis Budget EMEA subsidiary and of Avis Europe plc, to serve as interim chief financial officer and is conducting a search to fill the CFO position on a permanent basis.

Comment On This Story

Name:  
Email:  
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

A Shared Mobility Model Takes Shape for Fleets

Technology that allows cab drivers flexible access to a shared fleet is leveling the playing field for an 89-year-old taxi company.

Safety Tech: Crash Avoidance or Sensory Overload?

As advanced safety technologies become even more pervasive on mainstream vehicles, are we creating “stupid drivers?"

Own the Fleet, Own the Future

In the dialogue surrounding new transportation paradigms, fleets have been off the public radar until recently. Here’s what’s going on, and a way for you to participate in the conversation.

Job Finder: Access Top Talent. Fill Key Positions.

>