Ernest Garcia III
2018
In 2018, Ernest Garcia III earned a total compensation of $2.1M as Chief Executive Officer at CARVANA CO., a 399% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $235,733 |
|---|---|
| Option Awards | $428,329 |
| Salary | $400,000 |
| Stock Awards | $1,011,664 |
| Total | $2,075,726 |
Garcia received $1M in stock awards, accounting for 49% of the total pay in 2018.
Garcia also received $235.7K in non-equity incentive plan, $428.3K in option awards and $400K in salary.
Rankings
In 2018, Ernest Garcia III's compensation ranked 5,540th out of 14,244 executives tracked by ExecPay. In other words, Garcia earned more than 61.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,540 out of 14,244 | 61st |
Division Retail Trade | 361 out of 810 | 55th |
Major group Automotive Dealers And Gasoline Service Stations | 43 out of 94 | 54th |
Source: SEC filing on March 14, 2019.
Garcia's colleagues
We found four more compensation records of executives who worked with Ernest Garcia III at CARVANA CO. in 2018.