Mark Servodidio Assumes Leadership of Avis Budget Group's International Region
October 01 2015 - 7:00AM
Mark J. Servodidio today begins his new role as President,
International, for Avis Budget Group, as part of a senior
management succession plan announced on September 16, 2015. In his
new capacity Mr. Servodidio will be responsible for leading the
international region, which includes Europe, the Middle East,
Africa (EMEA), Asia, Australia and New Zealand.
Mr. Servodidio, previously Managing Director, Europe, for Avis
Budget Group, has held a number of positions of increasing
responsibility within the region since being named Executive Vice
President (EVP) for Franchise and Corporate Services in EMEA in
2013, advancing to Managing Director of the Company's operations in
northern Europe in May 2014 before being named head of Europe.
"Mark has proven at every stage that he is a talented and
capable leader with the vision to drive further success within the
International region," said Larry D. De Shon, President and Chief
Operating Officer, Avis Budget Group. "We are confident that we
have significant growth opportunities within the International
region, and Mark is the right person to lead our outstanding teams
in pursuit of our strategic objectives."
Prior to joining Avis Budget EMEA senior leadership team, Mr.
Servodidio served as EVP and Chief Administrative Officer for Avis
Budget Group, responsible for worldwide human resources and for
properties and facilities, airport concession agreements,
environmental compliance and supplier diversity. Prior to joining
Avis Budget Group in 2001, Mr. Servodidio held leadership positions
at Kraft Foods and PepsiCo.
About Avis Budget Group
Avis Budget Group, Inc. (NASDAQ:CAR) is a leading global
provider of vehicle rental services, both through its Avis and
Budget brands, which have more than 10,000 rental locations in
approximately 175 countries around the world, and through its
Zipcar brand, which is the world's leading car sharing network,
with more than 900,000 members. Avis Budget Group operates most of
its car rental offices in North America, Europe and Australia
directly, and operates primarily through licensees in other parts
of the world. Avis Budget Group has approximately 30,000 employees
and is headquartered in Parsippany, N.J. More information is
available at www.avisbudgetgroup.com.
CONTACT: Alice Pereira
(973) 496-3916
PR@avisbudget.com
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