| CEO Name | Joseph Ferraro |
| Nationality | United States |
| Net Worth Estimation | $40 million |
Joseph Ferraro, CEO of Avis Budget Group, Inc., has an estimated net worth of around $40 million, primarily from executive compensation, stock awards, and stock options accumulated during his tenure. His net worth reflects his leadership role and long-term involvement in the company's upper management.
Joseph Ferraro, CEO of Avis Budget Group, Inc., has an estimated net worth of $40,000,000, which is halfway (50%) between the minimum ($1,000,000) and maximum ($80,000,000) estimated range for transportation CEOs. His net worth positions him at the median within the industry's typical CEO wealth spectrum.
Business Category: Transportation
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 80000000 USD
Joseph Ferraro Performance in Avis Budget Group, Inc.
Joseph Ferraro, CEO of Avis Budget Group, Inc., is recognized for strategic leadership enhancing operational efficiency and customer experience. His decision-making emphasizes data-driven approaches and innovation, driving profitability and market expansion. Under Ferraro's tenure, the company experienced sustained revenue growth and strengthened competitive positioning in the car rental industry.
Latest News
Avis Budget Group Appoints New CEO and CFO Amid Revenue Growth
Avis Budget Group has appointed Brian Choi as CEO effective July 1, 2025, succeeding Joe Ferraro, who is transitioning to a board advisor role; simultaneously, Daniel Cunha becomes CFO, bringing extensive financial leadership experience from Ocean Spray, Kraft Heinz, and Orion Services Group. The company reported $3.5 billion in Q3 2025 revenue, signaling a positive turnaround after recent declines, with both new leaders emphasizing innovation and customer experience as key priorities moving forward.
Source: http://www.njbiz.com/avis-budget-new-cfo-daniel-cunha-ceo-transition/