Avis Budget Group’s CEO search committee, led by director Lynn Krominga, chair of the corporate governance committee of the board of directors, is conducting a thorough search process to identify a permanent CEO.
Bill Wallschlaeger, a Wisconsin-based Avis and Budget licensee, and William Harris, co-owner of Edge Auto Rental in New York City, are the two newest board members of the American Car Rental Association.
The full Board of Directors is now made up the following individuals, representing various segments of ground transportation from all over the world and including both operators and vendors.
The GGTI board will hold its first board meeting in the coming weeks to discuss the future of GGTI and how it can grow to become an invaluable community for its members.
Michael Root, a seasoned technology executive and software thought leader, who brings three decades of technology experience, having built scalable cloud based solutions for companies like Riot Games, will replace HyreCar’s co-founder Abhishek Arora on the board of directors.
Jay Vijayan is currently the founder & CEO of Tekion Corp., a Silicon Valley startup that is disrupting and transforming the business applications and automotive retail experience.
Daniel Florence, chief operating officer of Sixt USA, has been named to ACRA’s board of directors, effective immediately.
Kevin M. Sheehan will be a member of the financing and technology committees of the board.
The company also approved compensation of executive officers, ratification of an independent auditor for 2018, and re-election of board members, during an annual meeting with stockholders.
Avis: “… we are disappointed that we will be engaged in a costly and distracting proxy fight.”
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