Avis Budget Group (CAR) Proxy filing summary
Event summary combining transcript, slides, and related documents.
Proxy filing summary
2 Apr, 2026Executive summary
Annual meeting scheduled for May 20, 2026, with virtual attendance available for shareholders.
Shareholders are encouraged to review proxy materials and vote on key proposals by specified deadlines.
Voting matters and shareholder proposals
Election of six directors for one-year terms expiring in 2027, with all nominees recommended by the board.
Ratification of Deloitte & Touche LLP as independent auditor for fiscal year 2026.
Advisory vote on executive compensation (say-on-pay) included.
Advisory vote on a shareholder proposal to replace supermajority voting standards with simple majority standards and allow adjournment if the 80% threshold is not met.
Board of directors and corporate governance
Six nominees presented for election to the board, each for a one-year term.
Latest events from Avis Budget Group
- Q2 2026 delivered $2.998B revenue, $35M net income, record utilization, and lower fleet costs.CAR
Q2 202628 Jul 2026 - Q1 2025 saw a $505M net loss on $2.4B revenue, with new ABS notes and strong liquidity.CAR
Q1 20259 Jul 2026 - Q3 2025 profit and margins surged on cost gains and premium offerings, despite recall and market risks.CAR
Q3 20258 Jul 2026 - Revenue and profit declined sharply, but vehicle utilization and liquidity improved.CAR
Q3 20248 Jul 2026 - Director elections, auditor ratification, and executive pay approved; majority voting proposal failed.CAR
AGM 202620 May 2026 - Revenue up 4% to $2.53B, net loss narrowed, and EBITDA guidance raised to $850M–$1B.CAR
Q1 202629 Apr 2026 - Q4 and full-year results missed guidance, but Adjusted EBITDA rose 19% to $748M.CAR
Q4 202510 Apr 2026 - Board recommends all director nominees, auditor ratification, and executive pay, but opposes majority voting proposal.CAR
Proxy filing2 Apr 2026 - Q2 net income fell 97% as higher costs offset strong utilization and pricing improved for Q3.CAR
Q2 20242 Feb 2026