Mr. Cathcart brings extensive international business and executive management experience to the Company’s Board of Directors as Chairman of Avis Europe plc since 2004, a member of the Board of Avis Europe since 1997 and Chief Executive of Avis Europe from 1983 through January 1, 1999. Prior to joining Avis Europe in 1980, Mr. Cathcart held various executive positions over a career spanning 14 years in the transportation industry. Mr. Cathcart is currently Chairman for Palletways Group Limited and Andrew Page Holdings, and a non-executive director of Justice Holdings Limited.
We are extremely pleased to welcome Mr. Cathcart to the Avis Budget Group Board of Directors
“We are extremely pleased to welcome Mr. Cathcart to the Avis Budget Group Board of Directors,” said Mr. Nelson, chairman and chief executive officer. “Mr. Cathcart’s extensive experience and deep understanding of our industry will enhance the effectiveness of our Board.”
Mr. Cathcart is expected to be an independent director in accordance with applicable NASDAQ rules and the Company’s Director Independence Criteria.
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