TrueCar CEO Victor Perry's 2018 pay falls 41% to $3M
TrueCar reports 2018 executive compensation
By ExecPay News
Published: April 3, 2019
TrueCar reported fiscal year 2018 executive compensation information on April 3, 2019.
In 2018, nine TrueCar executives received on average a compensation package of $1.5M, a 64% decrease compared to previous year.
Average pay of disclosed executives at TrueCar
Victor A. "Chip" Perry, Chief Executive Officer, received $3M in total, which decreased by 41% compared to 2017. 39% of Perry's compensation, or $1.2M, was in option awards. Perry also received $239K in bonus, $800K in salary, $785K in stock awards, as well as $15K in other compensation.
For fiscal year 2018, the median employee pay was $169,023 at TrueCar. Therefore, the ratio of Victor A. "Chip" Perry's pay to the median employee pay was 0 to one.
Chip Perry, Chief Executive Officer, received a compensation package of $3M, which decreased by 41% compared to previous year. 39% of the compensation package, or $1.2M, was in option awards.
Brian Skutta, Executive Vice President of Dealer Sales and Services, earned $1.5M in 2018, a 54% decrease compared to previous year.
Robert T. "Tommy" McClung, Chief Technology Officer, received $1.4M in 2018.
Tommy McClung, Chief Technology Officer, earned $1.4M in 2018.
Michael Darrow, Executive Vice President of Partner and OEM Development, received $1.2M in 2018, which decreases by 76% compared to 2017.
Neeraj Gunsagar, Chief Marketing Officer, earned $1.1M in 2018, a 62% decrease compared to previous year.
John Pierantoni, Chief Financial Officer, received $1.1M in 2018.
Michael Guthrie, Chief Financial Officer, earned $73K in 2018, a 98% decrease compared to previous year.
Related executives
Brian Skutta
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Executive Vice President of Dealer Sales and Services
Victor Perry
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Chief Executive Officer
Robert McClung
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Chief Technology Officer
Neeraj Gunsagar
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Chief Marketing Officer
Chip Perry
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Chief Executive Officer
Michael Guthrie
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Chief Financial Officer
John Pierantoni
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Tommy McClung
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Source: SEC filing on April 3, 2019.