CARVANA CO. CEO Ernest Garcia's 2018 pay jumps 399% to $2.1M
CARVANA CO. reports 2018 executive compensation
By ExecPay News
Published: March 14, 2019
CARVANA CO. reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five executives at CARVANA CO. received on average a compensation package of $1.9M, a 86% increase compared to previous year.
Average pay of disclosed executives at CARVANA CO.
Ernest Garcia III, Chief Executive Officer, received $2.1M in total, which increased by 399% compared to 2017. 49% of Garcia's compensation, or $1M, was in stock awards. Garcia also received $236K in non-equity incentive plan, $428K in option awards, as well as $400K in salary.
Mark Jenkins, Chief Financial Officer, received a compensation package of $2M, which increased by 11% compared to previous year. 48% of the compensation package, or $948K, was in stock awards.
Benjamin Huston, Chief Operating Officer, earned $2M in 2018, a 10% increase compared to previous year.
Ryan Keeton, Chief Brand Officer, received $1.7M in 2018, which increases by 101% compared to 2017.
Daniel Gill, Chief Product Officer, earned $1.7M in 2018, a 101% increase compared to previous year.
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Source: SEC filing on March 14, 2019.