Jay A. Betz
President, Thrifty Car Sales, Inc.
Executive Vice President,
Thrifty Rent-A-Car System, Inc.

The Thrifty organization prides itself on having one of the brightest and most customer-focused executive teams in the industry today. Thrifty Car Sales president, Jay Betz, who also serves as Executive Vice President of Fleet for Thrifty, Inc., has been an integral part of that team since 1989.

Mr. Betz also spearheaded new business development for Thrifty, culminating in the development and launch of Thrifty Car Sales, of which he was named President in early 1999.

He joined Thrifty Rent-A-Car System, Inc. in 1989 as Controller. In 1993, Mr. Betz was promoted to Chief Financial Officer of Thrifty. As CFO, he was responsible for securing fleet financing, upgrading the Company's financial control systems and better leveraging consolidated volumes in vehicle acquisition.

In 1995, Mr. Betz was promoted to Executive Vice President, Fleet and Technology, where he spearheaded innovative new fleet programs that resulted in a 20% increase in fleet. He continues to oversee the acquisition and disposal of the company's domestic fleet, as well as develop strategies and programs to encourage maximum participation by Thrifty franchise owners in its fleet and vehicle supply programs.

Mr. Betz helped Thrifty realize dramatic improvements in its automation, communication and information technology systems at Thrifty World Headquarters. Additionally, he directed further improvements in technology at Thrifty Car Rental retail outlets, including the use of hand-held check-in units and the development of a new state-of-the-art proprietary counter automation system called BlueStar.

Mr. Betz began his career in 1979, with the public accounting firm Coopers & Lybrand (now PriceWaterhouseCoopers) where he achieved the level of Audit Manager. He subsequently joined Reading & Bates, a publicly held offshore drilling company based in Tulsa, OK in 1985 where he worked as Senior Supervisor of Financial Reporting and Manager of Accounting. In 1987, he joined Hilti, Inc., a manufacturer and distributor of construction fastening equipment, where he served as Plant Controller and in other financial capacities at the Liechtenstein-based company's Western Hemisphere headquarters in Tulsa, OK.

Mr. Betz is a Certified Public Accountant with extensive accounting and finance experience. He has served on the Tulsa board of the Financial Executive Institute, a national organization, since 1997. He has a Bachelor of Arts degree from Oral Roberts University in Business Administration and Telecommunications. He completed his accounting and finance studies at the University of Tulsa.