Avis Budget Group Realigns on Avis Europe Completion

Avis Budget Group Inc. announced that it has completed its acquisition of Avis Europe PLC, according to an Oct. 3 press release. The combined company now has branded rental locations in approximately 175 countries.

Patric Siniscalchi, Avis Budget Group president, Latin America/Australasia
Patric Siniscalchi, Avis Budget Group president, Latin America/Australasia

"This transaction positions us well to capture incremental growth in global travel and will enable us to more effectively serve our customers worldwide," said Ronald L. Nelson, Avis Budget Group chairman and CEO.

Prior to the completion of the acquisition, Avis Europe had been an independently-owned licensee of Avis Budget Group, operating the Avis brand in Europe, the Middle East, Africa and Asia.

 

Larry D. De Shon, Avis Budget Group president, EMEA
Larry D. De Shon, Avis Budget Group president, EMEA

Since the merger, Avis Budget Group created three new operating regions- Middle East and Africa (EMEA), North America, and Latin America/ Australasia - that became effective on Oct. 3.

The company has also filled three new positions to oversee each division.

 Larry D. De Shon was appointed president, EMEA; Thomas M. Gartland has been named president, North America - a region which will now include the company's U.S. and Canadian operations; and Patric Siniscalchi was named president, Latin America/Australasia, overseeing Avises and Budgets in the Caribbean, Central and South America, Australia and New Zealand.

Thomas M. Gartland, Avis Budget Group president, North America
Thomas M. Gartland, Avis Budget Group president, North America

Additionally, Avis Budget Group announced the appointment of Alun Cathcart to fill a newly created seat on the company's board of directors. Cathcart has been involved with Avis since 1980, and previously served as a CEO of Avis Europe.

 

 

 

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

Deconstructing the 2015 International Car Rental Show

We’re opening a much bigger umbrella today, drawing car rental companies — and mobility providers — from all corners of the globe.

What Makes a Good Dealership Rental Manager?

Car dealerships thinking about starting a rental program should consider these seven points before making their first key decision, hiring a rental manager.

Job Finder: Access Top Talent. Fill Key Positions.