F. Robert Salerno is President and Chief Operating Officer (COO) of Avis Budget Group, overseeing domestic and international operations for both the Avis and Budget brands.
Mr. Salerno was named COO in October 2005 following the announcement by Cendant Corporation to separate into four independent, publicly traded companies, one of which is Avis Budget Group. From 2003-2005 he led Cendant’s vehicle rental services division as chief executive officer after serving as president and chief operating officer of Avis Rent A Car from 1996 through 2002, and then as president and chief operating officer of Cendant Car Rental Group from November 2002 to June 2003.
Mr. Salerno’s entire business career has been in the rental car industry, having served in a series of managerial and executive positions of increasing responsibility with Avis after starting his career with another car rental company. He was appointed vice president of Avis’ eastern region in 1982 and vice president of zone development that same year. He was promoted to vice president of field operations in 1987, and in July 1990 was named senior vice president and general manager of Avis. In 1995, he was named executive vice president of operations.
He earned a Bachelor's Degree from Marquette University in 1972. A native of Springfield, Massachusetts, Mr. Salerno lives with his wife and daughter in Katonah, New York.
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