secwatch.observer — SEC 8-K summary
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Issuer:     AVIS BUDGET GROUP, INC. (CAR)
CIK:        0000723612
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001193125-21-353927
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Avis Budget elects Anu Hariharan to board; regains Audit Committee compliance
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- Anu Hariharan elected to Board effective Jan 1, 2022, filling a vacant seat.
- Hariharan is Partner at Y Combinator Continuity Fund, led investments in Convoy, Brex, Gusto.
- Appointed to Audit Committee; Board now has 3 independent directors, complying with Nasdaq Rule 5605(c)(2)(A).
- She will receive standard director compensation for Board and committee service.
- Term expires at the 2022 annual meeting of stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723612/000119312521353927/0001193125-21-353927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723612/000119312521353927/d261170d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-353927

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer