TrueCar Management
Management criteria checks 1/4
TrueCar's CEO is Jantoon Reigersman, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is $3.83M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth €851.77K. The average tenure of the management team and the board of directors is 1.4 years and 3.1 years respectively.
Key information
Jantoon Reigersman
Chief executive officer
US$3.8m
Total compensation
| CEO salary percentage | 12.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.4% |
| Management average tenure | 1.4yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$36m |
| Dec 31 2023 | US$4m | US$471k | -US$50m |
| Sep 30 2023 | n/a | n/a | -US$66m |
| Jun 30 2023 | n/a | n/a | -US$135m |
| Mar 31 2023 | n/a | n/a | -US$126m |
| Dec 31 2022 | US$3m | US$444k | -US$119m |
| Sep 30 2022 | n/a | n/a | -US$116m |
| Jun 30 2022 | n/a | n/a | -US$46m |
| Mar 31 2022 | n/a | n/a | -US$42m |
| Dec 31 2021 | US$4m | US$395k | -US$38m |
Compensation vs Market: Jantoon's total compensation ($USD3.83M) is above average for companies of similar size in the German market ($USD678.59K).
Compensation vs Earnings: Jantoon's compensation has increased whilst the company is unprofitable.
CEO
Jantoon Reigersman (41 yo)
less than a year
Tenure
US$3,826,018
Compensation
Mr. Jantoon E. Reigersman serves as Director of Lymion Group, Inc. He serves as President and Chief Executive Officer at TrueCar, Inc. since June 2023, its Director from July 2023 and served as its Chief O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$3.83m | 0.36% $ 851.8k | |
| Chief Financial Officer | less than a year | US$906.27k | 0.29% $ 680.9k | |
| Executive VP | 8.3yrs | US$1.12m | 0.22% $ 528.7k | |
| Chief Revenue Officer | less than a year | US$1.11m | 0.24% $ 559.5k | |
| Chief People Officer & Operations | 2yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Head of Sales | no data | no data | no data | |
| Senior Vice President of Major Accounts | 7.3yrs | no data | no data |
1.4yrs
Average Tenure
40.5yo
Average Age
Experienced Management: 5TC's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$3.83m | 0.36% $ 851.8k | |
| Independent Director | 19yrs | US$217.71k | 0.48% $ 1.1m | |
| Independent Director | 7.4yrs | US$226.46k | 0.20% $ 480.1k | |
| Independent Director | 2.5yrs | US$226.56k | 0.10% $ 238.9k | |
| Independent Chair of the Board | 3.7yrs | US$242.60k | 0.15% $ 354.9k | |
| Independent Director | 1.5yrs | US$210.00k | 0.085% $ 199.4k |
3.1yrs
Average Tenure
48yo
Average Age
Experienced Board: 5TC's board of directors are considered experienced (3.1 years average tenure).