Avis Appoints Mark J. Servodidio as President - International

Avis Budget Group has appointed Mark J. Servodidio as President - International.

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.