Avis Budget appoints Daniel Cunha as CFO; Izzy Martins departs June 30

AVIS BUDGET GROUP, INC.

Daniel Cunha becomes CFO effective July 1, 2025; Izzy Martins leaves on June 30 to pursue another opportunity.
Martins will advise the Company through August 31, 2025, for orderly transition.
Cunha receives $650k base salary, target annual incentive of 125% of base, and $1M RSU grant in July 2025.
Cunha joins from Orion Services Group; previously CFO of Ocean Spray and Heinz North America.

item 5.02 item 9.01

Executive movements

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Appointed

Daniel Cunha

Chief Financial Officer

CAR · AVIS BUDGET GROUP, INC.

Effective: 2025-07-01
Filed: June 9, 2025, 7:59 PM ET

Daniel Cunha will become Chief Financial Officer of the Company, effective July 1, 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Daniel Cunha was appointed as Chief Financial Officer at AVIS BUDGET GROUP, INC..

Action: will become
Role: Chief Financial Officer

Exact text from the filing

Daniel Cunha will become Chief Financial Officer of the Company, effective July 1, 2025.

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AVIS BUDGET GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000950142-25-001591

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