Vroom Management

Management criteria checks 3/4

Vroom's CEO is Thomas Shortt, appointed in May 2022, has a tenure of 2.5 years. total yearly compensation is $2.34M, comprised of 32.2% salary and 67.8% bonuses, including company stock and options. directly owns 0.059% of the company’s shares, worth MX$117.63K. The average tenure of the management team and the board of directors is 2.3 years and 4 years respectively.

Key information

Thomas Shortt

Chief executive officer

US$2.3m

Total compensation

CEO salary percentage	32.2%
CEO tenure	2.5yrs
CEO ownership	0.06%
Management average tenure	2.3yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Thomas Shortt's remuneration changed compared to Vroom's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$409m
Jun 30 2024	n/a	n/a	-US$406m
Mar 31 2024	n/a	n/a	-US$395m
Dec 31 2023	US$2m	US$752k	-US$366m
Sep 30 2023	n/a	n/a	-US$33m
Jun 30 2023	n/a	n/a	-US$49m
Mar 31 2023	n/a	n/a	-US$157m
Dec 31 2022	US$8m	US$683k	-US$452m

Compensation vs Market: Thomas's total compensation ($USD2.34M) is above average for companies of similar size in the MX market ($USD193.48K).

Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.

CEO

Thomas Shortt (55 yo)

2.5yrs

Tenure

US$2,335,923

Compensation

Mr. Thomas H. Shortt, also known as Tom, is Chief Executive Officer and Director of Vroom, Inc. since May 09, 2022. He serves as President and Chief Executive Officer of UACC since March 1, 2024. He was Ch...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Shortt	CEO, Director	2.5yrs	US$2.34m	0.059% MX$ 117.6k
Agnieszka Zakowicz	Senior VP	2.3yrs	no data	0.066% MX$ 132.0k
Liam Harrington	Vice President of Investor Relations	no data	no data	no data
Anna-Lisa Corrales	Chief Legal Officer	less than a year	no data	0.038% MX$ 75.2k
Allen Miller	Investor Relations Officer	no data	no data	no data

2.3yrs

Average Tenure

Experienced Management: VRM *'s management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Shortt	CEO, Director	2.5yrs	US$2.34m	0.059% MX$ 117.6k
Robert J. Mylod	Independent Executive Chair of the Board	9.2yrs	US$179.62k	0.32% MX$ 639.8k
Laura Lang	Independent Director	4.5yrs	US$154.62k	0.068% MX$ 135.5k
Michael Farello	Independent Director	9.3yrs	US$152.12k	no data
Timothy Crow	Independent Director	2.1yrs	US$151.62k	0.063% MX$ 126.4k
Robert Krakowiak	Vice Chairman	less than a year	US$1.26m	0.024% MX$ 49.0k
Laura O'Shaughnessy	Independent Director	4.5yrs	US$156.12k	0.073% MX$ 145.4k
Paula Pretlow	Independent Director	3.6yrs	US$154.12k	0.061% MX$ 122.6k

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: VRM *'s board of directors are considered experienced (4 years average tenure).

Vroom Management

Management criteria checks 3/4

Key information

Recent management updates

Vroom, Inc. Announces Executive Changes

Vroom, Inc., Annual General Meeting, Jun 13, 2024

CEO & Director recently sold Mex$427k worth of stock

CFO & Treasurer recently sold Mex$164k worth of stock

Insider recently sold Mex$84k worth of stock

High number of new directors

Recent updates

Vroom, Inc. Filed for Bankruptcy

Vroom, Inc. Announces Executive Changes

Vroom, Inc. to Report Q2, 2024 Results on Aug 08, 2024

Vroom, Inc., Annual General Meeting, Jun 13, 2024

Vroom, Inc. to Report Q1, 2024 Results on May 09, 2024

Vroom, Inc. to Report Q4, 2023 Results on Mar 13, 2024

Vroom, Inc. Announces Wind-Down of Ecommerce Used Vehicle Operations

CEO & Director recently sold Mex$427k worth of stock

New minor risk - Shareholder dilution

Vroom, Inc. has filed a Follow-on Equity Offering in the amount of $50 million.

Vroom, Inc. has filed a Follow-on Equity Offering in the amount of $50 million.

New major risk - Financial position

Third quarter 2023 earnings released: US$0.59 loss per share (vs US$0.37 loss in 3Q 2022)

Vroom, Inc. to Report Q3, 2023 Results on Nov 07, 2023

CFO & Treasurer recently sold Mex$164k worth of stock

Second quarter 2023 earnings released: US$0.48 loss per share (vs US$0.83 loss in 2Q 2022)

Vroom, Inc. to Report Q2, 2023 Results on Aug 08, 2023

Insider recently sold Mex$84k worth of stock

First quarter 2023 earnings released: US$0.54 loss per share (vs US$2.26 loss in 1Q 2022)

High number of new directors

Vroom, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Vroom, Inc. Executes A Reduction in Force as Part of the Company’S Continued Focus on Reducing Variable and Fixed Costs

CEO & Director recently sold Mex$435k worth of stock

Independent Director recently sold Mex$141k worth of stock

High number of new directors

Third quarter 2022 earnings released: US$0.37 loss per share (vs US$0.72 loss in 3Q 2021)

High number of new directors

Vroom Announces Management Changes

Vroom, Inc. to Report Q3, 2022 Results on Nov 07, 2022

CFO & Treasurer recently sold Mex$382k worth of stock

Vroom, Inc. Reports Impairment Charges for the Three Months Ended June 30, 2022

Second quarter 2022 earnings released: US$0.83 loss per share (vs US$0.48 loss in 2Q 2021)

Vroom, Inc. Promotes Agnieszka Zakowicz to Senior Vice President and Principal Accounting Officer

Vroom, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Vroom, Inc Announces Resignation of Mark E. Roszkowski as Chief Strategy Officer and General Manager of Vroom Financial Services

Vroom, Inc.(NasdaqGS:VRM) dropped from Russell 2500 Index

Independent Director recently bought Mex$387k worth of stock

High number of new directors

Vroom, Inc. Announces Management Changes

First quarter 2022 earnings released: US$2.26 loss per share (vs US$0.57 loss in 1Q 2021)

Vroom, Inc. Announces Goodwill Impairment Charges for the First Quarter Ended March 31, 2022

Vroom, Inc., Annual General Meeting, Jun 16, 2022

Vroom, Inc. to Report Q1, 2022 Results on May 09, 2022

Chief People & Culture Officer recently sold Mex$460k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Vroom, Inc. Provides Earnings Guidance for the First Quarter of 2022

Vroom, Inc. to Report Q4, 2021 Results on Feb 28, 2022

Vroom, Inc. (NasdaqGS:VRM) completed the acquisition of United Auto Credit Corporation from United PanAm Financial Corp. and others

Third quarter 2021 earnings released: US$0.72 loss per share (vs US$0.31 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.48 loss per share (vs US$2.00 loss in 2Q 2020)

Vroom, Inc. Provides Earnings Guidance for the Third Quarter of 2021

Independent Director Adam Valkin has left the company

Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against Vroom, Inc

Vroom, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2021

Forecast to breakeven in 2024

First quarter 2021 earnings released: US$0.57 loss per share (vs US$4.85 loss in 1Q 2020)

Vroom, Inc. Announces the Opening of New Chicago Hub and A More Customized Driveway Experience

Pomerantz LLP Announces the Filing of Class Action Against Vroom, Inc. and Certain Officers

The Portnoy Law Firm Files a Class Action Lawsuiton Behalf of Vroom, Inc

Kessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against Vroom, Inc. with Expanded Class Period

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit against Vroom, Inc

Chief Legal Officer & Secretary recently sold Mex$719k worth of stock

Full year 2020 earnings released: US$2.77 loss per share (vs US$32.04 loss in FY 2019)

Revenue beats expectations

An unknown buyer acquired an unknown stake in Vroom, Inc. (NasdaqGS:VRM) from AutoNation, Inc. (NYSE:AN) for approximately $110 million.

Vroom, Inc. to Report Q4, 2020 Results on Mar 03, 2021

New 90-day high: Mex$996

Vroom, Inc. (NasdaqGS:VRM) entered into a definitive agreement to acquire CarStory for approximately $120 million.

Vroom, Inc. to Report Q3, 2020 Results on Nov 11, 2020