CARVANA CO. CEO Ernest Garcia's 2019 pay jumps 42% to $3M
CARVANA CO. reports 2019 executive compensation
By ExecPay News
Published: March 10, 2020
CARVANA CO. reported fiscal year 2019 executive compensation information on March 10, 2020.
In 2019, five executives at CARVANA CO. received on average a compensation package of $2.4M, a 27% increase compared to previous year.
Average pay of disclosed executives at CARVANA CO.
Ernest Garcia III, Chief Executive Officer, received $3M in total, which increased by 42% compared to 2018. 52% of Garcia's compensation, or $1.5M, was in option awards. Garcia also received $885K in salary and $523K in stock awards.
Mark Jenkins, Chief Financial Officer, received a compensation package of $2.5M, which increased by 26% compared to previous year. 52% of the compensation package, or $1.3M, was in option awards.
Benjamin Huston, Chief Operating Officer, earned $2.5M in 2019, a 26% increase compared to previous year.
Daniel Gill, Chief Product Officer, received $2.2M in 2019, which increases by 26% compared to 2018.
Paul Breaux, General Counsel, earned $2M in 2019.
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Source: SEC filing on March 10, 2020.