In 2019, Larry D. De Shon earned $10.53M in total compensation at Avis Budget Group, including $1.20M salary and $1.60M in stock. Most recently acquired 1,726 shares in Jul 2024. Currently holds stock worth $37.45M. Led Avis Budget Group as CEO for 4 years.
Compensation History
Annual executive compensation data for Larry D. De Shon, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$10.53M
Salary
$1.20M
Bonus
$0.00
Other
$7.73M
Salary
$1.20MBoard Justification
The compensation philosophy emphasizes pay-for-performance alignment, with a significant portion of the CEO's pay being performance-based, reflecting the company's financial performance and individual contributions.
Bonus
$0.00Board Justification
No bonus was awarded for 2019 as the performance-based metrics were not met.
Other Compensation
$7.73MBoard Justification
This includes cash severance payments of $6,000,000 and an additional $1,500,000, as well as other benefits and perquisites provided under the separation agreement.
Restricted Stock
Board Justification
The stock awards that vested in 2019 were restricted stock units (RSUs) that were granted in prior years and were scheduled to vest based on continued service.
Performance Metrics
The performance metrics for 2019 included Adjusted EBITDA and Adjusted Free Cash Flow, which were key measures of operational and financial performance.
Larry D. De Shon
Ex-CEO of Avis Budget Group
Education
Bachelor's degree in Business Administration from the University of Michigan
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1959 - 66 years ago
CEO of Avis Budget Group for
4 years 11 months (Jan 2015 - Dec 2019)
Previous Experience
Various roles at United Airlines
Other Avis Budget Group CEOs
Holdings
Track Larry D. De Shon's stock holdings and portfolio value over time.
Total Stock Sold
$9.85M
$9.85M
287,875 CAR shares
What if they kept their stock?
If Larry D. De Shon didn't sell their stock, today they would have:
Extra CAR287,875 shares worth $38.03M.
This is 286.19% and $28.18M more than what they got when they sold the stock.
Insider Trading
Larry D. De Shon's recent stock transactions, purchases, and sales filed with the SEC.
$190.00K
HIG at $110.09/share
Jul 29, 2024
Received
$180.00K
HIG at $71.88/share
Jul 31, 2023
Received
$180.00K
HIG at $63.43/share
Aug 1, 2022
Received
$180.00K
HIG at $63.62/share
Jul 30, 2021
Received
$180.00K
HIG at $42.00/share
Aug 3, 2020
Received
$40.00K
HIG at $55.27/share
Feb 25, 2020
Received
$825.00K
CAR at $33.00/share
Dec 12, 2019
Sale
$1.05M
CAR at $42.00/share
Oct 30, 2017
Sale
$1.54M
CAR at $61.66/share
Mar 3, 2015
Sale
$1.49M
CAR at $65.00/share
Aug 13, 2014
Sale
Rivals
Compare Larry D. De Shon 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