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TrueCar, Inc. (TRUE)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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5.49+0.03 (+0.55%)
As of 1:21PM EDT. Market open.

TrueCar, Inc.

120 Broadway
Suite 200
Santa Monica, CA 90401
United States
800 200 2000
http://www.truecar.com

Sector(s)Communication Services
IndustryInternet Content & Information
Full Time Employees435

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael D. DarrowPres, CEO & Director976.23kN/A1958
Mr. Charles C. ThomasPrincipal Accounting Officer, VP & Controller317.33kN/A1985
Mr. Jeffrey J. SwartExec. VP, Sec. & Gen. Counsel533.78kN/A1968
Mr. Jantoon E. ReigersmanExec. VP & CFON/AN/A1982
Mr. Elias RokosChief Technology OfficerN/AN/AN/A
Ms. Alison SternbergSr. VP of Investor RelationsN/AN/AN/A
Shadee MalekafzaliSr. Director of PRN/AN/AN/A
Mr. John FosterExec. VP of PeopleN/AN/AN/A
Mr. Victor Anthony Perry IIIAdvisorN/AN/A1954
Mr. James MenardSr. VP of Dealer SalesN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. It operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. The company also offers forecast and consulting services regarding determination of the residual value of an automobile at given future points in time, which are used to underwrite automotive loans and leases, and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. In addition, it provides accurate, geographically specific, and real-time pricing information for consumers and dealers; TrueCar Trade, which gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership; DealerSync, a dealer website creation and management service and a software platform that assists dealers in managing, marketing, and growing their business; and DealerScience that provides dealers with advanced digital retailing software tools. Further, the company customizes and operates its platform for financial institutions, membership-based organizations, and large enterprises. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

Corporate Governance

TrueCar, Inc.’s ISS Governance QualityScore as of June 1, 2021 is 6. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 8; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.