CARVANA CO. CEO Ernest Garcia's 2021 pay jumps 95% to $5.1M
CARVANA CO. reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
CARVANA CO. reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, five executives at CARVANA CO. received on average a compensation package of $4.6M, a 92% increase compared to previous year.
Average pay of disclosed executives at CARVANA CO.
Ernest Garcia III, Chief Executive Officer, received $5.1M in total, which increased by 95% compared to 2020. 64% of Garcia's compensation, or $3.2M, was in option awards. Garcia also received $758K in salary, $1.1M in stock awards, as well as $451 in other compensation.
Mark Jenkins, Chief Financial Officer, received a compensation package of $5M, which increased by 97% compared to previous year. 63% of the compensation package, or $3.2M, was in option awards.
Benjamin Huston, Chief Operating Officer, earned $5M in 2021, a 98% increase compared to previous year.
Daniel Gill, Chief Product Officer, received $4.5M in 2021, which increases by 102% compared to 2020.
Tom Taira, President, Special Projects, earned $3.3M in 2021.
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Source: SEC filing on March 23, 2022.