On Monday, car rental company Avis Budget Group named Joe Ferraro, the company's Americas president, as interim chief executive.
Ferraro is succeeding Larry De Shon. De Shon had announced in May that he will be stepping down by the end of the year.
Having spent 40 years at Avis, Ferraro has been at the forefront of the company’s Avis, Budget, Payless and Zipcar brands in North and South America, including Latin America and the Caribbean.
A committee at Avis is still looking for a candidate for a permanent position for the role.