TrueCar CEO Victor Perry's 2019 pay jumps 241% to $10M
TrueCar reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
TrueCar reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, nine TrueCar executives received on average a compensation package of $2.4M, a 58% increase compared to previous year.
Victor A. "Chip" Perry, Chief Executive Officer, received $10M in total, which increased by 241% compared to 2018. 38% of Perry's compensation, or $3.9M, was in option awards. Perry also received $333K in salary, $2.8M in stock awards, as well as $3.2M in other compensation.
Noel B. Watson, Chief Financial Officer, received a compensation package of $3.2M. 62% of the compensation package, or $2M, was in stock awards.
Michael Darrow, Chief Executive Officer, earned $2M in 2019, a 65% increase compared to previous year.
Simon E. Smith, EVP, Dealer Sales & Service, received $1.8M in 2019.
Jeffrey J. Swart, General Counsel, earned $1.5M in 2019.
Robert T. "Tommy" McClung, Chief Technology Officer, received $1.3M in 2019, which decreases by 10% compared to 2018.
Neeraj Gunsagar, Chief Marketing Officer, earned $1.2M in 2019, a 2% increase compared to previous year.
Charles C. Thomas, VP, Controller, received $469K in 2019.
John Pierantoni, Chief Financial Officer, earned $125K in 2019, a 88% decrease compared to previous year.
Related executives
Michael Darrow
TrueCar
Chief Executive Officer
Victor Perry
TrueCar
Chief Executive Officer
Noel Watson
TrueCar
Chief Financial Officer
Charles Thomas
TrueCar
VP, Controller
John Pierantoni
TrueCar
Chief Financial Officer
Simon Smith
TrueCar
EVP, Dealer Sales & Service
Jeffrey Swart
TrueCar
General Counsel
Robert McClung
TrueCar