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Ronald Nelson

Avis Budget Group Inc.'s Board of Directors has selected Larry D. De Shon as the company's next chief executive officer, succeeding Ronald L. Nelson. De Shon will assume the role as of Jan. 1, 2016.

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Avis Announces International Personnel Changes

Avis Budget Group Inc. plans to combine its three operating regions into two, the Americas and International. This realignment will take effect on Jan. 1, 2015, in connection with several management changes.