CarLotz Management

Management criteria checks 0/4

Key information

Lev Peker

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	2.7%
Management average tenure	1.4yrs
Board average tenure	1.9yrs

Recent management updates

Recent updates

CEO

Lev Peker (40 yo)

less than a year

Tenure

Mr. Lev Peker is Director of PARTS iD, Inc. from September 28, 2022. He has been Chief Executive Officer and Director at CarLotz, Inc. since April 18, 2022. He had been Chief Executive Officer and Director...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lev Peker	CEO & Director	less than a year	no data	2.68% $ 474.4k
Ozan Kaya	President	less than a year	no data	0.81% $ 143.6k
Thomas Stoltz	Chief Financial Officer	2.1yrs	no data	0.020% $ 3.5k
Robert Imhof	Senior Vice President of Finance & Accounting	2.1yrs	no data	no data
Eugene Kovshilovsky	Chief Technology Officer	less than a year	no data	0.50% $ 88.8k
Elizabeth Sanders	Chief Administrative Officer	6.8yrs	no data	0.00081% $ 143.5
Susan Lewis	Vice President of Investor Relations	no data	no data	no data
Jared Itkowitz	Director of Barclays	no data	no data	no data

1.4yrs

Average Tenure

40.5yo

Average Age

Experienced Management: LOTZ's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Lev Peker	CEO & Director	less than a year	no data	2.68% $ 474.4k
James Skinner	Independent Director	2.8yrs	US$225.87k	0.033% $ 5.9k
David Mitchell	Independent Director	1.9yrs	US$202.89k	0.025% $ 4.4k
Steven Carrel	Independent Director	1.9yrs	US$202.89k	0.025% $ 4.4k
Kimberly Sheehy	Independent Director	1.9yrs	US$229.17k	0.025% $ 4.4k
Linda Abraham	Independent Director	1.9yrs	US$222.56k	0.025% $ 4.4k
Nanxi Liu	Independent Director	less than a year	no data	no data
Luis Ignacio Solorzano Aizpuru	Independent Chairman	4.1yrs	US$213.93k	0.95% $ 168.3k

1.9yrs

Average Tenure

52.5yo

Average Age

Experienced Board: LOTZ's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

CarLotz Management

Management criteria checks 0/4

Key information

Recent management updates

CarLotz, Inc. Announces Management Changes

High number of new and inexperienced directors

CarLotz, Inc. Announces Changes to Its Board of Directors

Insider recently sold US$672k worth of stock

Insider recently sold US$784k worth of stock

Insider recently sold US$213k worth of stock

Recent updates

CarLotz, Inc. Announces Management Changes

Shift Technologies, Inc. (NasdaqCM:SFT) completed the acquisition of CarLotz, Inc. (NasdaqGM:LOTZ) from Acamar Partners Sponsor I LLC and others.

CarLotz, Inc. Announces the Closure of Three Dealership Stores, or Hubs

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

High number of new and inexperienced directors

CarLotz: High-Return Merger Arb Play

Shift Technologies, Inc. (NasdaqCM:SFT) entered into a definitive agreement to acquire CarLotz, Inc. (NasdaqGM:LOTZ) for approximately $120 million.

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

CarLotz, Inc. Announces Changes to Its Board of Directors

CarLotz, Inc.(NasdaqGM:LOTZ) dropped from Russell 2500 Value Index

CarLotz, Inc. Closes 50% of its Stores to Strategically Focus on Path to Profitability

Insider recently sold US$672k worth of stock

CarLotz Receives Non-Compliance Letter from Nasdaq

Insider recently sold US$784k worth of stock

Insider recently sold US$213k worth of stock

No longer forecast to breakeven

First quarter 2022 earnings: EPS and revenues miss analyst expectations

CarLotz, Inc., Annual General Meeting, Jun 02, 2022

Price target decreased to US$4.50

High number of new and inexperienced directors

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

CarLotz, Inc. Announces Executive Leadership Changes

No longer forecast to breakeven

CarLotz - Time To Abandon Ship

CarLotz, Inc. to Report Q4, 2021 Results on Mar 15, 2022

Why CarLotz Stock Looks Attractive Right Now

Forecast to breakeven in 2024

My DCF Model And Marketing Expenditures Make CarLotz A Buy

Price target decreased to US$6.00

Third quarter 2021 earnings released: US$0.031 loss per share (vs US$0.008 loss in 3Q 2020)

Price target decreased to US$9.50

High number of new and inexperienced directors

CarLotz Is A Buy At 1.15x Forward Sales

Pomerantz LLP Announces A Class Action Lawsuit Has Been Filed Against Carlotz, Inc

Second quarter 2021 earnings released: US$0.063 loss per share (vs US$0.004 loss in 2Q 2020)

Bernstein Liebhard LLP Announces That A Securities Class Action Lawsuit Has Been Filed Against Carlotz, Inc

CarLotz, Inc. Updates Revenue Guidance for the Year 2021

First quarter 2021 earnings released: US$0.15 loss per share (vs US$0.026 loss in 1Q 2020)

CarLotz falls after losing key sourcing partner temporarily

CarLotz, Inc. Provides Revenue Guidance for the Full Year of Fiscal 2021

First quarter 2021 earnings released: US$0.15 loss per share (vs US$0.026 loss in 1Q 2020)

Full year 2020 earnings released: US$2.27 loss per share (vs US$3.84 loss in FY 2019)

CarLotz, Inc. to Report Q4, 2020 Results on Mar 15, 2021

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age