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Avid Budget -2.1% as chief financial officer resigns

May 12, 2017 5:17 PM ETAvis Budget Group, Inc. (CAR) StockBy: Jason Aycock, SA News Editor4 Comments
  • Avis Budget (CAR -1.7%) is another 2.1% lower in postmarket trading after news that its president and chief financial officer, David Wyshner, is resigning.
  • He'll pursue other opportunities, the company said. Wyshner has been CFO since 2006, and president since January 2016.
  • The company will appoint Martyn Smith as its interim CFO and search for a permanent one. Smith had served as finance director of the Avis Budget EMEA unit and of Avis Europe.

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