CarGurus, Inc. (CARG)

22.78 -0.13 (-0.57%) As of 03:00PM EDT. Market open.

CarGurus, Inc.

55 Cambride Parkway
6th Floor
Cambridge, MA 02142
United States
617 354 0068
https://www.cargurus.com

Sector(s): Consumer Cyclical
Industry: Auto & Truck Dealerships
Full-time employees: 1,343

Key executives

Name	Title	Pay	Exercised	Year born
Mr. E. Langley Steinert	Founder & Executive Chairman	10k	N/A	1964
Mr. Jason M. Trevisan	CEO & Director	1.19M	N/A	1975

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 USD.

Description

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace where customers can search for new and used car listings from its dealers and sell their car to dealers and other consumers; and paid listings subscriptions for enhanced access to its marketplace that connects dealers to a large audience of informed and engaged consumers. It also offers dealer and non-dealer advertising products for its websites and social media platforms. The company operates online marketplaces under the CarGurus brand in the United States, Canada, and the United Kingdom; Autolist and CarOffer brands in the United States; and PistonHeads brand in the United Kingdom. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.

Corporate governance

CarGurus, Inc.’s ISS governance QualityScore as of 1 May 2024 is 10. The pillar scores are Audit: 7; Board: 10; Shareholder rights: 10; 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 10 indicates higher governance risk.