TrueCar CEO Victor Perry's 2019 pay jumps 241% to $10M

TrueCar reports 2019 executive compensation

By ExecPay News

Published: April 8, 2020

TrueCar reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, nine TrueCar executives received on average a compensation package of $2.4M, a 58% increase compared to previous year.
Average pay of disclosed executives at TrueCar
Victor A. "Chip" Perry, Chief Executive Officer, received $10M in total, which increased by 241% compared to 2018. 38% of Perry's compensation, or $3.9M, was in option awards. Perry also received $333K in salary, $2.8M in stock awards, as well as $3.2M in other compensation.
Noel B. Watson, Chief Financial Officer, received a compensation package of $3.2M. 62% of the compensation package, or $2M, was in stock awards.
Michael Darrow, Chief Executive Officer, earned $2M in 2019, a 65% increase compared to previous year.
Simon E. Smith, EVP, Dealer Sales & Service, received $1.8M in 2019.
Jeffrey J. Swart, General Counsel, earned $1.5M in 2019.
Robert T. "Tommy" McClung, Chief Technology Officer, received $1.3M in 2019, which decreases by 10% compared to 2018.
Neeraj Gunsagar, Chief Marketing Officer, earned $1.2M in 2019, a 2% increase compared to previous year.
Charles C. Thomas, VP, Controller, received $469K in 2019.
John Pierantoni, Chief Financial Officer, earned $125K in 2019, a 88% decrease compared to previous year.

Related executives

Michael Darrow

TrueCar

Chief Executive Officer

Victor Perry

TrueCar

Chief Executive Officer

Noel Watson

TrueCar

Chief Financial Officer

Charles Thomas

TrueCar

VP, Controller

John Pierantoni

TrueCar

Chief Financial Officer

Simon Smith

TrueCar

EVP, Dealer Sales & Service

Jeffrey Swart

TrueCar

General Counsel

Robert McClung

TrueCar

Chief Technology Officer

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Source: SEC filing on April 8, 2020.