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CAR Group Limited (CAR.AX)

ASX - ASX Delayed price. Currency in AUD
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35.07-1.08 (-2.99%)
At close: 04:10PM AEST

CAR Group Limited

449 Punt Road
Level 4 Richmond
Melbourne, VIC 3121
Australia
61 3 9093 8600
https://cargroup.com

Sector(s)Communication Services
IndustryInternet Content & Information
Full-time employees1,800

Key executives

NameTitlePayExercisedYear born
Mr. Cameron McIntyreMD, CEO & Director3.95MN/A1971
Mr. Walter James Pisciotta O.A.M.Co-Founder & Non Executive Director164.03kN/A1950
Mr. William ElliottChief Financial Officer1.25MN/AN/A
Mr. Paul BarlowManaging Director of Australia1.31M253.44kN/A
Mr. Jason BlackmanChief Information OfficerN/AN/AN/A
Kane HockingHead of Investor RelationsN/AN/AN/A
Ms. Nicole BirmanGeneral Counsel & Company SecretaryN/AN/AN/A
Ms. Kellie CordnerChief Marketing OfficerN/AN/AN/A
Ms. Jo AllanChief People OfficerN/AN/AN/A
Mr. Ajay BhatiaChief Executive Officer of European Digital Marketplace Business1.75M70.5kN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

CAR Group Limited operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through Online Advertising Services; Data, Research and Services; Carsales Investments; North America; Latin America; and Asia segments. The Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements on carsales network websites for corporate customers comprising automotive manufacturers and finance companies. The Data, Research and Services segment offers software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services. The Carsales Investments segment holds investment in consumer and wholesale tyre markets, as well as provides mobility and vehicle inspection services. The North America segment operates digital non-automotive marketplaces. The Latin America segment digital automotive marketplaces. The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services. The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023. CAR Group Limited was incorporated in 1996 and is headquartered in Melbourne, Australia.

Corporate governance

CAR Group Limited’s ISS governance QualityScore as of 1 June 2024 is 8. The pillar scores are Audit: 2; Board: 9; Shareholder rights: 1; Compensation: 7.

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 10 indicates higher governance risk.