Management

Ronald L. Nelson is chairman and chief executive officer of Avis Budget Group, Inc., a leading global provider of vehicle rental services through its Avis and Budget brands, with 10,000 rental locations in approximately 175 countries around the world.

Prior to joining Avis Budget, Mr. Nelson served as president, chief financial officer and director of Cendant Corporation, with responsibility for strategic and financial planning, treasury, financial reporting and accounting, internal audit, tax, investor relations and corporate communications, as well as the matrixed administrative functions that served Cendant's business units. Cendant was the parent company of Avis Budget, which became a stand-alone public Company under Mr. Nelson's leadership following Cendant's separation into four independent businesses in 2006.

Prior to joining Cendant, Mr. Nelson served as co-chief operating officer of DreamWorks SKG since that company's founding in 1994. At DreamWorks, he was instrumental in raising more than $5 billion in capital necessary to launch the company and developing its operating infrastructure and policies.

Mr. Nelson also was executive vice president, chief financial officer and a director at Paramount Communications, Inc., formerly Gulf & Western Industries, Inc., where he was responsible for all financial functions including mergers and acquisitions and strategy.

David B. Wyshner is senior executive vice president and chief financial officer of Avis Budget Group. In this role, he is responsible for all company financial activities, including financial reporting, tax and treasury functions, planning and analysis, investor relations, capital structure strategy, financing transactions, mergers and acquisitions, commercial and investment banking relationships, and insurance and risk management. In addition, Mr. Wyshner oversees the Company's information technology and corporate communications functions.

Mr. Wyshner was previously executive vice president and chief financial officer at Avis Budget Group. Prior to joining the Company, Mr. Wyshner was executive vice president and treasurer of Cendant Corporation, parent company of Avis Budget Group, which was created when Cendant separated into four separate independent companies in 2006. At Cendant, Mr. Wyshner was responsible for the company's treasury and purchasing functions. Mr. Wyshner joined Cendant in 1999 and, before being appointed treasurer, served as Cendant's executive vice president for finance, planning and development. In this role, he had enterprise-wide responsibility for budgeting, capital planning, analysis of business plans, and integration planning for potential acquisitions and other strategic transactions. Prior to joining Cendant, Mr. Wyshner worked for eight years in Merrill Lynch & Co.'s investment banking division, specializing in corporate finance and mergers and acquisitions.

Mr. Wyshner received his bachelor's degree magna cum laude from Yale University and his master's degree in business administration from The Wharton School of the University of Pennsylvania, where he was a Palmer Scholar.

Tom Gartland is president, North America for Avis Budget Group, which includes the Company's U.S. and Canadian operations. In this role, Mr. Gartland is responsible for operations, sales, marketing and customer care across the region.

Mr. Gartland previously held the position of executive vice president of sales, marketing and customer care where he oversaw the development of all revenue-generating activities and senior level customer interactions for the company, including responsibility for the marketing, domestic and international sales (commercial, insurance replacement, truck, global travel and partnerships), as well as small business and contact center functions of Avis Budget Group. Mr. Gartland has more than 28 years of sales and leadership experience. Prior to Avis Budget Group, he worked for 14 years with JohnsonDiversey, Inc. based in Racine, Wisconsin. As president of Johnson's North American region, he led businesses that generated $1 billion in annual revenues. Mr. Gartland also served as vice president and director of national accounts with Ecolab, Inc., where he worked for 14 years. He received a bachelor's degree in business administration/marketing from the University of St. Thomas in St. Paul, Minnesota.

Larry De Shon is president, Europe, Middle East & Africa (EMEA) for Avis Budget Group, Inc., overseeing the Avis and Budget car rental businesses within the region. Mr. De Shon was previously executive vice president of Avis Budget domestic (U.S.) operations.

Prior to joining Avis Budget Group, Mr. De Shon was senior vice president of airport operations at United Airlines, Inc. As the head of United's worldwide airport operations, he oversaw ground operations, logistics, safety, security, customer processing and service, product development and internal communications, leading an organization of 23,000 employees in 29 countries.

He began his 28-year career with the airline carrier as a customer service representative and advanced to hold numerous positions of increasing responsibility during his tenure.

Mr. De Shon is based in Avis Budget's EMEA headquarters in Bracknell, United Kingdom. He received bachelor degrees in both communications and sociology from the University of Missouri, Kansas City.

Patric Siniscalchi is president of Latin America/Asia Pacific, overseeing the Avis and Budget car rental businesses in the Caribbean, Central and South America, Asia, Australia and New Zealand.

Mr. Siniscalchi was previously executive vice president of international operations where he oversaw the company's operations in Canada, Australia, New Zealand and the Latin American / Caribbean region. Mr. Siniscalchi joined Avis in 1971 as an accountant and progressed through a variety of management positions within the company. Mr. Siniscalchi has been involved in Avis International since 1980.

Mr. Siniscalchi, his wife Reba, and their two sons live in Greenlawn, New York. He is a graduate of Fordham University with a Bachelor of Science degree in Accounting.

Scott Deaver is executive vice president of strategy for Avis Budget Group. Mr. Deaver drives the strategic planning process for Avis Budget Group in addition to overseeing initiatives that create operational efficiency and revenue growth.

Prior to assuming leadership of the company's strategy, Mr. Deaver served as executive vice president of Marketing, leading the development of both the Avis and Budget marketing strategies designed to build brand image, customer loyalty and market share.

Mr. Deaver has over 20 years of marketing experience, the past ten spent on various assignments of increasing responsibility within Avis Budget and its predecessor companies Cendant Corporation and HFS Incorporated. Most recently, he was Chief Marketing Officer for move.com, an online real estate and home services portal launched by Cendant. Before leading move.com marketing, Mr. Deaver was senior vice president of corporate marketing at Cendant, working with the company's entire portfolio of travel, real estate and direct marketing brands. He has also worked as a marketing executive for several major hotels brands, including Ramada, Howard Johnson and Holiday Inns.

Mr. Deaver earned a Ph.D and Master of Arts in English from the University of Texas at Austin and earned a Bachelor of Arts degree from the University of the South.

Mark J. Servodidio is executive vice president and chief administrative officer for Avis Budget Group. He oversees Avis Budget Group's worldwide human resources activities including organization development, labor and employee relations, staffing strategy, compensation, benefits, HRIS, equal employment compliance, safety and employee loyalty initiatives.

Prior to joining Avis Budget Group, Mr. Servodidio was with Kraft Foods where he led the HR efforts for its Nabisco Division's sales and supply chain unit. Other key roles there included rebuilding Nabisco's direct store delivery system, overseeing organizational effectiveness efforts and implementing the initial integration strategy for Nabisco and Kraft as a result of the acquisition by Phillip Morris. Mr. Servodidio also served as Vice President of Human Resources for Stella D'Oro & Christie Brown, Nabisco's specialty cookie unit. Prior to working for Kraft Foods, he was at PepsiCo where he had several leadership roles at Pepsi-Cola and Frito-Lay.

Mr. Servodidio received both his Bachelor of Arts and Master of Sciences Degrees from Villanova University.

Michael K. Tucker is executive vice president and general counsel for Avis Budget Group. In his position Mr. Tucker is responsible for the legal affairs of the Company, including management of its franchising and other contracts, litigation, government relations and information security.

Prior to joining Avis Budget Group, Mr. Tucker was in private practice serving as managing partner at the law firm of Tucker Associates, and of counsel to the law firm of Lowe & Savage, where he represented private and public entities, handling corporate, securities, finance and commercial transaction matters. His long tenure as a corporate attorney includes service as division general counsel with Tyco International, Ltd. Mr. Tucker also served in senior legal positions with General Electric Company, including division senior counsel of GE Transportation and senior vice president and general counsel of GE Capital International Services. Before working as a corporate attorney, Mr. Tucker was a member of the law firms of Ballard Spahr Andrews & Ingersoll, Bingham Dana LLP, and Csaplar & Bok.

Mr. Tucker received his Juris Doctorate degree from Boston University and a bachelor's degree from Cornell University.

Gerard Insall is senior vice president and chief information officer for Avis Budget Group. In this role, he is responsible for the management of all facets of Information Technology (IT) for Avis Budget Group and its brand operations. These include: enterprise applications, IT operations, networks, architecture and IT strategy. Prior to this position, he served as the Vice President of Information Technology Operations for Avis Budget Group where he led the segregation of IT systems when Cendant Corporation separated its division into stand alone companies and created Avis Budget Group, Inc.

Mr. Insall has held various management positions during the last 20 years working with Cendant Corporation, Avis Rent A Car, WizCom International LTD and Resorts Condominium International. His positions have been in the areas of application development, business systems management, project management, relationship management, and IT operations.

Mr. Insall has a Bachelor of Science degree in computer science from Saint John's University in New York. He, his wife, and their two children reside in Huntington, New York.