Avis Budget Group Announces Management Realignment; Izzy Martins To Be Appointed EVP & CFO And Brian Choi To Be Appointed EVP & Chief Transformation Officer; Jagdeep Pahwa To Become Chairman
Portfolio Pulse from Benzinga Newsdesk
Avis Budget Group, Inc. (NASDAQ:CAR) has announced a management realignment. Izzy Martins will be appointed as EVP & CFO, succeeding Brian Choi who will become EVP & Chief Transformation Officer. Jagdeep Pahwa will become Chairman, replacing Bernardo Hees who will continue as a Board Member. The changes are part of the company's commitment to its strategic vision and long-term success.
November 01, 2023 | 9:44 pm
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Avis Budget Group's management realignment could potentially impact the company's strategic direction and operational performance. The new appointments bring a wealth of experience and could drive the company's growth and profitability.
The management realignment at Avis Budget Group is a significant event that could potentially impact the company's strategic direction and operational performance. Izzy Martins, the new CFO, has nearly 20 years of experience with the company in various senior strategic and financial roles. Brian Choi, the new Chief Transformation Officer, has served as the company's CFO since August 2020 and his new role underscores the company's commitment to leveraging data, analytics, and technology. Jagdeep Pahwa, the new Chairman, has been a director since April 2018 and Vice Chairman since 2020. These new appointments bring a wealth of experience and could drive the company's growth and profitability.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100