CARVANA CO. reports 2018 executive compensation

CEO Ernest Garcia III receives $2.1M

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 $1,894,012, a 86% increase compared to previous year.

Average pay of disclosed executives at CARVANA CO.

Ernest Garcia III, Chief Executive Officer, received $2,075,726 in total, which increased by 399% compared to 2017. 48.74% of Garcia's compensation, or $1,011,664, was in stock awards. Garcia also received $235,733 in non-equity incentive plan, $428,329 in option awards, as well as $400,000 in salary.

Mark Jenkins, Chief Financial Officer, received a compensation package of $1,967,914, which increased by 11% compared to previous year. 48.19% of the compensation package, or $948,368, was in stock awards.

Benjamin Huston, Chief Operating Officer, earned $1,965,837 in 2018, a 10% increase compared to previous year.

Ryan Keeton, Chief Brand Officer, received $1,733,733 in 2018, which increases by 101% compared to 2017.

Daniel Gill, Chief Product Officer, earned $1,726,848 in 2018, a 101% increase compared to previous year.