CARVANA CO. CEO Ernest Garcia's 2020 pay slips 12% to $2.6M
CARVANA CO. reports 2020 executive compensation
By ExecPay News
Published: March 24, 2021
CARVANA CO. reported fiscal year 2020 executive compensation information on March 24, 2021.
In 2020, five executives at CARVANA CO. received on average a compensation package of $2.4M, a 2% decrease compared to previous year.
Ernest Garcia III, Chief Executive Officer, received $2.6M in total, which decreased by 12% compared to 2019. 63% of Garcia's compensation, or $1.6M, was in option awards. Garcia also received $412K in salary and $546K in stock awards.
Mark Jenkins, Chief Financial Officer, received a compensation package of $2.5M, which increased by 2% compared to previous year. 63% of the compensation package, or $1.6M, was in option awards.
Benjamin Huston, Chief Operating Officer, earned $2.5M in 2020, a 1% increase compared to previous year.
Daniel Gill, Chief Product Officer, received $2.2M in 2020, which increases by 2% compared to 2019.
Paul Breaux, General Counsel, earned $2M in 2020, a 2% increase compared to previous year.