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 $5.74K. 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
Vroom To Stop Ecommerce Operations, Will There Be Any Meat Left On The Bone?
Jan 24Vroom, Inc. (NASDAQ:VRM) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 10
Vroom, Inc. (NASDAQ:VRM) Might Not Be As Mispriced As It Looks After Plunging 26%
Aug 16Vroom: Still No Signs Of Profits
Sep 13Vroom Q2 Earnings Preview: A High-Risk, High-Reward Play Priced For Bankruptcy
Aug 08Vroom, Inc: Not Out Of Gas Yet
Jul 25Vroom indirect subsidiary prices auto loan securitization
Jul 15Vroom: At $1.50, A David Tepper-Type Opportunity
May 12Vroom - Hello Junk Status, Only One Way Out
Mar 01Deciding If Vroom Is Worth Holding Onto
Feb 17Vroom Ramps Growth, But Operating Losses Remain High
Dec 16Vroom: Strong Revenues, But Still Feeling Growing Pains
Aug 17Vroom: Buy The Market's Overreaction To The Note Offering
Jun 16Vroom: Full Speed Ahead With Margin Bumps
May 30CEO Compensation Analysis
| 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 US market ($USD652.28K).
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 |
|---|---|---|---|---|
| CEO, Director | 2.5yrs | US$2.34m | 0.059% $ 5.7k | |
| Senior VP | 2.3yrs | no data | 0.066% $ 6.4k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | less than a year | no data | 0.038% $ 3.7k | |
| 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 |
|---|---|---|---|---|
| CEO, Director | 2.5yrs | US$2.34m | 0.059% $ 5.7k | |
| Independent Executive Chair of the Board | 9.2yrs | US$179.62k | 0.32% $ 31.2k | |
| Independent Director | 4.5yrs | US$154.62k | 0.068% $ 6.6k | |
| Independent Director | 9.3yrs | US$152.12k | no data | |
| Independent Director | 2.1yrs | US$151.62k | 0.063% $ 6.2k | |
| Vice Chairman | less than a year | US$1.26m | 0.024% $ 2.4k | |
| Independent Director | 4.5yrs | US$156.12k | 0.073% $ 7.1k | |
| Independent Director | 3.6yrs | US$154.12k | 0.061% $ 6.0k |
4.0yrs
Average Tenure
58yo
Average Age
Experienced Board: VRM's board of directors are considered experienced (4 years average tenure).