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Avis Budget Group Chairman & CEO Ronald L. Nelson Receives 2013 Warren Bennis Award for Leadership

Avis Budget Group Chairman & CEO Ronald L. Nelson Receives 2013 Warren Bennis
Award for Leadership

PARSIPPANY, N.J., Oct. 9, 2013 (GLOBE NEWSWIRE) -- Ronald L. Nelson, chairman
and chief executive officer of Avis Budget Group, Inc. (Nasdaq:CAR), was
honored with the 2013 Warren Bennis Award for Excellence in Leadership at the
Global Institute for Leadership Development (GILD) annual institute in Palm
Desert, Calif. The award is bestowed each year to one or more exemplary
leaders to honor the courage, endurance, capability and success of the
recipient, and to highlight the recipient as an inspiration and a role model
for current and aspiring leaders around the world.

"We view leadership as both a science and an art, and Ron Nelson has
demonstrated that he is among the best of the best in exemplifying the
outstanding leadership qualities this award honors," said Phil Harkins, chief
executive officer and founder of Linkage, a leadership development
consultancy, and co-chair of GILD."Like our previous winners, Mr. Nelson is
well regarded throughout the business community for his character, and a track
record of achievement and results.He is a man who lives his responsibilities
and when challenged, has demonstrated outstanding leadership competency."

Previous winners of the Warren Bennis Award for Excellence in Leadership
include Benjamin Netanyahu, prime minister of Israel; Rudolph Giuliani, former
mayor of New York City; Mikhail Gorbachev, former president of the Soviet
Union; Howard Schultz, chief executive officer, Starbucks; and Daniel Vasella,
chairman, Novartis AG.The award is named for Warren G.Bennis, co-chair of
GILD.Mr. Bennis is an American scholar, organizational consultant and author,
widely regarded as a pioneer of the contemporary field of Leadership studies.
Bennis is University Professor and Distinguished Professor of Business
Administration and Founding Chairman of The Leadership Institute at the
University of Southern California.

"I am deeply humbled to be honored with this award, particularly in light of
past winners," said Mr. Nelson.In his acceptance speech he said:"I tend to
think of leadership as a very individual trait when you get right down to
it.For me, it is about a collection of experiences and relationships that
helped shape how I have dealt with people, with adversity, and also with
successes over the course of my life and career."

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental
services, both through its Avis and Budget brands, which have more than 10,000
rental locations in approximately 175 countries around the world, and through
its Zipcar brand, which is the world's leading car sharing network, with more
than 810,000 members. Avis Budget Group operates most of its car rental
offices in North America, Europe and Australia directly, and operates
primarily through licensees in other parts of the world. Avis Budget Group has
approximately 30,000 employees and is headquartered in Parsippany, N.J. More
information is available at www.avisbudgetgroup.com.

CONTACT: Alice Pereira
         (973) 496-6113
         PR@avisbudget.com

Avis Budget Group, Inc. Logo
 
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