In 2023, Joseph A. Ferraro earned $29.59M in total compensation at Avis Budget Group, including $1.25M salary and $26.83M in stock. Most recently sold 18,460 shares in Dec 2023. Currently holds stock worth $38.33M. Led Avis Budget Group as CEO for 5 years.
Compensation History
Annual executive compensation data for Joseph A. Ferraro, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$29.59M
Salary
$1.25M
Bonus
$0.00
Other
$1.51M
Salary
$1.25MBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, while ensuring competitive compensation to attract and retain talent.
Bonus
$0.00Board Justification
No bonus was awarded for 2023 as per the summary compensation table.
Other Compensation
$1.51MBoard Justification
Other compensation includes contributions to deferred compensation plans, perquisites, and other benefits provided to the CEO.
Restricted Stock
Board Justification
The stock that vested in 2023 includes Performance-Based Stock Units (PSUs) and Restricted Stock Units (RSUs) that were granted in prior years and vested based on performance metrics achieved.
Performance Metrics
The performance metrics for 2023 included Adjusted EBITDA and individual performance metrics based on financial and operational goals.
Joseph A. Ferraro
Ex-CEO of Avis Budget Group
Education
Bachelor's degree from St. John's University
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1957 - 68 years ago
CEO of Avis Budget Group for
5 years 6 months (Jan 2020 - Jul 2025)
Previous Experience
President, Americas at Avis Budget Group
Holdings
Track Joseph A. Ferraro's stock holdings and portfolio value over time.
Total Stock Sold
$11.75M
$11.75M
53,690 CAR shares
What if they kept their stock?
If Joseph A. Ferraro didn't sell their stock, today they would have:
Extra CAR53,690 shares worth $7.24M.
This is -38.38% and $4.51M less than what they got when they sold the stock.
Insider Trading
Joseph A. Ferraro's recent stock transactions, purchases, and sales filed with the SEC.
$3.60M
CAR at $195.27/share
Dec 15, 2023
Sale
$2.95M
CAR at $184.27/share
Dec 15, 2022
Sale
$5.00M
CAR at $260.00/share
Nov 11, 2021
Sale
Rivals
Compare Joseph A. Ferraro with competitor CEOs and industry peers.
Eugene A. Hall
CEO of Gartner
2021 Compensation
Stock
$3.00M
Salary
$1.20M
Bonus
$500.00K
Other
$200.00K
Total Holdings
$39.45M
Mark W. Begor
CEO of Equifax
2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$944.11K
Other
$505.65K
Total Holdings
$11.43M
John Wasson
CEO of ICF International
2023 Compensation
Stock
$0.00
Salary
$1.01M
Bonus
$1.21M
Other
$15.58K
Total Holdings
$13.76K
Philippe Krakowsky
CEO of The Interpublic Group of Companies
2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$1.68M
Other
$184.01K
Total Holdings
$16.72M
Horacio Rozanski
CEO of Booz Allen Hamilton
2023 Compensation
Stock
$1.50M
Salary
$1.20M
Bonus
$500.00K
Other
$200.00K
Total Holdings
$91.02M
Kevin P. Clark
CEO of Aptiv
2019 Compensation
Stock
$19.78M
Salary
$1.42M
Bonus
$0.00
Other
$268.27K
Total Holdings
$42.25M