“Director, CRM” (NY/NJ Metro) Company Overview Avis Budget Group (NASDAQ: CAR) operates two of the leading global brands in the vehicle rental industry through Avis and Budget. Avis is a leading rental car supplier that primarily serves the premium commercial and leisure segments of the travel industry. Budget is a leading rental car supplier competing within value-conscious segments of the industry in the United States and other regions, and as a premium brand in Canada, the Caribbean and other parts of the world. Budget also operates one of the leading truck rental businesses in the U.S. The Avis Budget Group (“ABG”) recently completed the acquisition of the Zipcar brand, which is the world's leading car sharing network, with more than 775,000 members. Annual revenue for the company exceeds $7.4 Billion, and the Avis Budget Group has an estimated enterprise value that exceeds $12 Billion. Avis Budget Group and its subsidiaries and licensees provide a complete range of vehicle rental services through 10,000 rental locations in approximately 175 countries around the world. The Company has three operating regions: North America, Europe, Middle East & Africa (EMEA) and Latin America/Asia Pacific. They own and operate most Avis and Budget car rental offices in North America, Europe and Australia, and they operate primarily through licensees in other parts of the world. Avis Budget Group has approximately 29,000 employees and is headquartered in Parsippany, NJ. For more information on the company, you can visit www.avisbudgetgroup.com. Past 12 Months (NASDAQ: CAR) © 2014 Wiser Partners, LLC Avis Budget Group ~ “Director, CRM” Page 2 of 5 Position Overview Reporting directly to the “VP, Consumer Marketing“ (Mr. Neal Zamore), and based at the company’s headquarters in Parsippany, NJ, this new role will develop bestin-class CRM strategies and initiatives focused on maximizing reservations, revenue and profitability by driving customer loyalty and CLV. Primary responsibility for driving revenue and CLV (customer lifetime value) by improving customer engagement, and long-term loyalty. ABG has launched a new CRM program and has plans to launch an exciting new Loyalty program, and this new Marketing leader will need to advance these efforts further into the market. “Loyalty” and CRM will look different for each of the ABG brands, so this work must be tailored to the business needs of each brand, designed with input from Brand Marketing, Information Technology, Insights/Analytics, Creative, Agencies, Operations, Finance, and other functions. They will lead all Loyalty and CRM activity—beyond the design of the program—for all brands. This CRM work will require ongoing segmentation and targeting strategies, based on robust analytics and measurable ROI. Scope of Responsibilities Segmentation and Targeting – The new “Director, CRM” will be responsible for developing a quantitatively-derived, fact and insight-based segmentation framework that identifies, defines and prioritizes the highest potential Avis Budget customers with the greatest Customer Lifetime Value (CLV) in order to appropriately allocate Marketing resources to capitalize on these segments in a manner that meets ABG’s payout and ROI hurdles. This segmentation work will help drive the design and utilization of a proprietary ABG prospect database, which will be optimized for each critical customer segment and channel. Contact Strategy – Help identify, test, implement and govern—with leadership and input from Channel Management, Campaign Management, other Marketing and IT colleagues— the optimal contact strategy to help determine “who gets what, when and how” in order to maximize customer CLV. Continually help define customer segmentation (demographics, psychographics, buying behavior and motivations, etc.) and optimize for each critical customer segment product/solution, and channel. Design the optimal contact strategy with input from Insights & Marketing Analytics. Brand Stewardship – While not directly responsible for managing the Avis Budget brands, this individual should collaborate and interact with all the Marketing leaders, internal creative personnel, as well as with external agency partners, to ensure all ABG loyalty programs differentiate and enhance the ABG core brand equities across all customer touch-points, and all relevant channels, both offline and Digital. Functional Operations Improvement – Review and enhance, where necessary, all loyalty and CRM processes, measurements, information systems, etc., that are needed to enable the ABG Marketing function to operate efficiently and effectively in pursuit of its customer loyalty and CLV objectives. Team Management & Development – The new “Director, CRM" will be responsible for enhancing Loyalty and Tier Management by overseeing and improving organizational design, structure, priorities, management processes and reporting information systems. The “Director” will evaluate existing employee and competency levels and be responsible for retaining those with superior talent and hiring, developing and promoting new talent. © 2014 Wiser Partners, LLC Avis Budget Group ~ “Director, CRM” Page 3 of 5 Performance & Success Measures Revenue growth and EBITDA targets, by customer segment Increased CLV Acquisition of new customers Retention of existing customers Increased customer contribution (increasing revenue received from customers) Brand Health metrics (Awareness, Preference, Key Attributes), by segment/channel Marketing Effectiveness/ROI 360-degree feedback from internal teammates Reporting Relationship(s) This new “Director, CRM” will report to Mr. Neal Zamore, “VP, Consumer Marketing” at the Avis Budget Group. In this role, Neal has accountability for all of ABG’s Digital properties, Campaign Management, CRM and Social Media. Prior to this, he was in charge of Strategic Marketing for Cigna Healthcare in Bloomfield, CT, where he held a similar role. Before joining Cigna, he was the SVP in charge of eSolutions and Client Intelligence at Allianz Global Investors. And, before Allianz, he was the VP, Director of Electronic Commerce at OppenheimerFunds for eight years. Under his direction, OppenheimerFunds’ had the number one Financial Advisor website and number two Shareholder website in the industry, and also created the number one financial advisor newsletter. Prior to joining OppenheimerFunds in May, 2000, Neal was VP of New Products and Solutions for GE Capital's e-Business Group in Stamford Connecticut. Prior to GE, he headed up MetLife's Interactive Commerce Group, and developed the Internet/Intranet Development Unit within Arthur Andersen's Business Consulting Group. Neal is a graduate of the University of North Carolina at Chapel Hill. Key Internal Operating Relationships VP, Consumer Marketing VP, Insights & Marketing Analytics Director, Channel Management Director, Digital Marketing Director, Global Brand Management Staff and Resources Sr. Manager, Loyalty & Tier Management Sr. Manager, Data Integration Manager, Loyalty & Tier Management Sr. Analyst Contractor © 2014 Wiser Partners, LLC Avis Budget Group ~ “Director, CRM” Page 4 of 5 Compensation & Benefits Competitive base salary Annual performance bonus Stock options 401K PTO/Vacation, Sick and Personal time Comprehensive health care benefits Relocation assistance (as needed) Candidate Profile Experience Base Customer Relationship Management – Experience designing and deploying a comprehensive, multi-channel CRM program (acquisition and/or retention-focused), utilizing a variety of incentives and rewards to establish and enhance purchase, membership, and loyalty over time. These programs should include both online and offline channels and tools for building and driving engagement and loyalty, supported by the most sophisticated Segmentation, Analytics, and Direct Marketing. Ideally, this new hire will have experience with IBM’s Unica EMM software. Services Experience – Ideally, candidates will have experience Marketing a branded service (versus just products)—requiring an involved purchase decision—to consumers, leveraging both online and offline vehicles, within a highly competitive market segment. • Functional Development – Demonstrated success building organizational capabilities through process design, organizational development, recruiting and training highperforming Marketing teams. This also includes developing the optimal lineup of external agency partners, contractors, consultants and other supplier partners. Skill Set Strong relationship management and interpersonal skills (high EQ) Influencing skills (proven ability to persuade others towards an idea or goal) Organized and attention-to-detail approach (strong tactical execution) Innovative (need fresh, imaginative thinking) Organizational leadership and team development (leads through influence) Translates core business strategies into actionable initiatives (service orientation) Intellectual horsepower (highly creative and strategic) Listening skills (listen first, then respond) Highly resourceful (stretches people and money; compresses time) Ability to express ideas clearly both verbally and in writing (communication excellence) Commercial mentality (keen understanding of P&L & financial analysis) © 2014 Wiser Partners, LLC Avis Budget Group ~ “Director, CRM” Personality Profile Collaborative Courageous (not afraid to challenge the status quo) Self-directed/motivated Flexible and adaptable Results orientation Tenacious work ethic High integrity and trustworthy Intellectually curious Selfless (ego in-check) Search Contact David Wiser Principal Partner – Cincinnati, OH Office david@wiserpartners.com 513.919.4000 (M) File: Position Specification/ Avis Budget/ABG Director CRM Spec (02 04 13-F-DW) © 2014 Wiser Partners, LLC Page 5 of 5