SOURCE: Avis Budget Group, Inc.

Avis Budget Group, Inc.

April 22, 2010 15:00 ET

Avis Budget Group Appoints Michael K. Tucker Executive Vice President and General Counsel

PARSIPPANY, N.J.--(Marketwire - April 22, 2010) -  Avis Budget Group, Inc. (NYSE: CAR) announced today that Michael K. Tucker has joined the Company as executive vice president and general counsel. 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. 

"With his extensive and varied accomplishments as an attorney, Michael is a terrific addition to Avis Budget Group," said Ronald L. Nelson, chairman and chief executive officer of Avis Budget Group. "He has worked in senior legal positions for world-class organizations and brings a significant breadth of experience to our organization. His leadership will be invaluable to our legal department and to Avis Budget Group."

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.

About Avis Budget Group
Avis Budget Group is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is a leading vehicle rental company in each of North America, Australia, New Zealand and certain other regions based on published airport statistics. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 22,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.