TrueCar Management
Management criteria checks 1/4
TrueCar's CEO is Jantoon Reigersman, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is $3.83M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth $2.35M. The average tenure of the management team and the board of directors is 2 years and 2.6 years respectively.
Key information
Jantoon Reigersman
Chief executive officer
US$3.8m
Total compensation
CEO salary percentage | 12.3% |
CEO tenure | 1.4yrs |
CEO ownership | 0.6% |
Management average tenure | 2yrs |
Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Revenues Tell The Story For TrueCar, Inc. (NASDAQ:TRUE) As Its Stock Soars 32%
Nov 07TrueCar (NASDAQ:TRUE) Is In A Strong Position To Grow Its Business
Oct 11TrueCar, Inc.'s (NASDAQ:TRUE) 36% Jump Shows Its Popularity With Investors
Jul 23TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 95% Above Its Share Price
May 21We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely
May 01TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 39% Above Its Share Price
Jan 25We're Not Worried About TrueCar's (NASDAQ:TRUE) Cash Burn
Jan 03We're Not Very Worried About TrueCar's (NASDAQ:TRUE) Cash Burn Rate
Sep 29Market Cool On TrueCar, Inc.'s (NASDAQ:TRUE) Revenues
Jun 08Companies Like TrueCar (NASDAQ:TRUE) Are In A Position To Invest In Growth
Apr 14TrueCar sees July total new vehicle industry sales down 10% Y/Y
Jul 29TrueCar, Inc. (NASDAQ:TRUE) Analysts Just Cut Their EPS Forecasts Substantially
Mar 01TrueCar: Good Business Model, But Too Much Risk Today
Oct 11Is There Now An Opportunity In TrueCar, Inc. (NASDAQ:TRUE)?
Jun 25An Intrinsic Calculation For TrueCar, Inc. (NASDAQ:TRUE) Suggests It's 39% Undervalued
May 31CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -US$27m |
Jun 30 2024 | n/a | n/a | -US$29m |
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 US market ($USD2.14M).
Compensation vs Earnings: Jantoon's compensation has increased whilst the company is unprofitable.
CEO
Jantoon Reigersman (42 yo)
1.4yrs
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 | 1.4yrs | US$3.83m | 0.64% $ 2.3m | |
Chief Financial Officer | 1.1yrs | US$906.27k | 0.034% $ 126.0k | |
Executive VP | 8.8yrs | US$1.12m | 0.24% $ 893.6k | |
Chief Revenue Officer | 1.1yrs | US$1.11m | 0.24% $ 880.4k | |
Chief People Officer & Operations | 2.6yrs | no data | 0.26% $ 953.5k | |
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 | 7.8yrs | no data | no data |
2.0yrs
Average Tenure
41.5yo
Average Age
Experienced Management: TRUE's management team is considered experienced (2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.3yrs | US$3.83m | 0.64% $ 2.3m | |
Independent Director | 19.6yrs | US$217.71k | 0.59% $ 2.2m | |
Independent Director | less than a year | no data | no data | |
Independent Director | 3.1yrs | US$226.56k | 0.19% $ 687.8k | |
Independent Chair of the Board | 4.3yrs | US$242.60k | 0.24% $ 878.6k | |
Independent Director | 2.1yrs | US$210.00k | 0.17% $ 623.0k |
2.6yrs
Average Tenure
53.5yo
Average Age
Experienced Board: TRUE's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.