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CarGurus Inc (CARG.OQ)

CARG.OQ on NASDAQ Stock Exchange Global Select Market

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16 Jul 2019
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Summary

Name Age Since Current Position

Langley Steinert

55 2019 Chairman of the Board, Chief Executive Officer

Samuel Zales

55 2019 President, Chief Operating Officer

Jason Trevisan

44 2016 Chief Financial Officer, Treasurer

Spencer Scott

2019 Senior Vice President - Advertising and Digital Marketing Solutions

Kyle Lomeli

40 2019 Chief Technology Officer

Sarah Welch

46 2019 Chief Marketing Officer

Kathleen Patton

52 2019 General Counsel, Secretary

Thomas Caputo

45 2019 Chief Product Officer

Ian Smith

48 2007 Director

Steven Conine

46 2018 Independent Director

Lori Hickok

55 2018 Independent Director

Stephen Kaufer

56 2007 Independent Director

Anastasios Parafestas

63 2006 Independent Director

Greg Schwartz

46 2018 Independent Director

Biographies

Name Description

Langley Steinert

Mr. Langley Steinert is the Chairman of the Board, Chief Executive Officer of Cargurus Inc. he was President of the company. Mr. Steinert is the Chief Executive Officer, Founder of the Company, Steinert founded CarGurus in 2006 with a vision for helping automotive shoppers better navigate their car search. Since then, the company has grown to become a leading global automotive marketplace, helping millions of shoppers find great car deals and connect with top-rated dealers. Prior to founding CarGurus, Langley was Chairman/co-founder of TripAdvisor, now the world’s largest online travel website. He also held management rolls at Viaweb (sold to Yahoo! Inc.), Papyrus, and Lotus Development Corp. Langley holds an MBA from the Tuck School at Dartmouth College and a BA from Georgetown University. We believe Mr. Steinert is qualified to serve as a member of our board of directors because of his extensive experience in the online marketplace industry. As our founder and Chief Executive Officer, we also value his deep understanding of our business as it has evolved over time.

Samuel Zales

Mr. Samuel Zales is the President, Chief Operating Officer of Cargurus Inc. Mr. Zales has served as our Chief Operating Officer since September 2017 and as our President since February 2019. Mr. Zales also served as our Chief Revenue Officer from December 2015 to September 2017 and as our President of Dealer Operations and International from November 2014 to December 2015. Prior to joining CarGurus, from January 2014 to October 2014, Mr. Zales was Executive Vice President of Zeta Interactive, a marketing software company that acquired ClickSquared, Inc. (“ClickSquared”), in January 2014. From March 2013 to January 2014, Mr. Zales was Chief Executive Officer of ClickSquared, a marketing software company. Prior to ClickSquared, Mr. Zales was a consultant to multiple technology and software companies and served on the boards of four venture-backed companies. From October 2008 to November 2011, Mr. Zales was President of Zoom Information, Inc. (“ZoomInfo”), a software-as-a-service company, where he led day-to-day operations and oversaw the company’s growth strategy into the marketing services and sales intelligence arenas. Prior to ZoomInfo, from January 2007 to October 2008, Mr. Zales was Chief Executive Officer of BuyerZone.com LLC (“BuyerZone”), a division of Reed Business Information, a business unit of Reed Elsevier PLC, which acquired BuyerZone in January 2007. From November 1999 to January 2007, Mr. Zales was President and Chief Executive Officer of BuyerZone, an online marketplace for business purchasing, which he led to its successful acquisition by Reed Business Information. Mr. Zales holds a Master of Business Administration degree from the Kellogg Graduate School of Management at Northwestern University and a Bachelor of Arts degree from Dartmouth College.

Jason Trevisan

Mr. Jason Trevisan is the Chief Financial Officer and Treasurer of Cargurus Inc. Mr. Trevisan has served as our Chief Financial Officer since September 2015 and as our Treasurer since July 2016. Prior to joining CarGurus, Mr. Trevisan was a General Partner with Polaris Partners (“Polaris”), a venture capital firm, from September 2003 to August 2015. While at Polaris, Mr. Trevisan led investments in and served as a director of numerous consumer internet and software companies including LegalZoom, PartsSource, Shoedazzle, and The Roberts Group. Prior to joining Polaris, from September 1999 to June 2001, Mr. Trevisan held management roles in Analytics and Client Services at aQuantive, a digital marketing service and technology company, which was acquired by Microsoft in 2007. Earlier in his career, from July 1996 to August 1999, he served as a consultant with Bain & Company. Mr. Trevisan received his Master of Business Administration degree from the Tuck School of Business at Dartmouth College and a Bachelor of Arts degree from Duke University.

Spencer Scott

Mr. Spencer Scott is Senior Vice President - Advertising and Digital Marketing Solutions of the Company. Prior to joining CarGurus, Spencer was Head of Revenue and Media Platforms at Publisher's Clearing House, a direct marketing company. Before joining there, he served as Chief Revenue Officer at Fiksu, a mobile-focused marketing technology company. Prior to Fiksu, Spencer also held leadership roles at One Screen and Adverplex (now Cogo Labs). He holds a B.S. from Boston University and will obtain an M.B.A. from the Sloan School of Management at Massachusetts Institute of Technology in May 2019.

Kyle Lomeli

Mr. Kyle Lomeli is Chief Technology Officer of the company. Mr. Lomeli served as our Senior Vice President of Engineering from August 2018 to February 2019, as our Vice President of Dealer Solutions from January 2016 to August 2018, as our Director of Engineering from August 2013 to January 2016, and as our Senior Software Architect from April 2008 to August 2013. Prior to joining CarGurus, from August 2002 to April 2008, Mr. Lomeli served as a Lead Security Developer for Intralinks, Inc., a global technology provider of inter-enterprise content management and collaboration solutions. Mr. Lomeli holds a Master of Science degree from Boston University and a Bachelor of Arts and Sciences degree from Oberlin College.

Sarah Welch

Ms. Sarah Welch is the Senior Vice President of Consumer Marketing of Cargurus Inc, since February 2016. Prior to joining CarGurus, from August 2011 to January 2016, Ms. Welch was Chief Marketing Officer and General Manager, Consumer at Gazelle, Inc., or Gazelle, a consumer electronics marketplace where she oversaw the end-to-end consumer experience including all aspects of marketing, product management, customer care, and direct-to-consumer sales. Prior to Gazelle, from January 2005 to July 2011, Ms. Welch held various positions at TripAdvisor, an online marketplace for travel-related content. Her roles at TripAdvisor included Vice President of the TripAdvisor Media Group from July 2009 to August 2011, Vice President of Marketing from March 2008 to July 2009, and Director from January 2005 to March 2008. Ms. Welch holds a Master of Business Administration degree from Stanford University Graduate School of Business and a Bachelor of Arts degree from Brown University.

Kathleen Patton

Ms. Kathleen Patton is the General Counsel and Secretary of Cargurus Inc, since February 2019. Ms. Patton also served as our Senior Vice President, General Counsel from August 2017 to February 2019. Ms. Patton previously served as the Senior Vice President, General Counsel, and Secretary of Demandware, Inc. (“Demandware”), a provider of enterprise-class cloud commerce solutions for retailers and branded manufacturers, from June 2015 until August 2016 and as Demandware’s Associate General Counsel from April 2012 until June 2015. From June 2010 until March 2012, Ms. Patton was Associate General Counsel at Stream Global Services, Inc. (“Stream”), a business process outsource service provider specializing in customer relationship management. Prior to joining Stream, Ms. Patton worked in law firms, as the Director of Practice Development at Brown Rudnick LLP, the Practice Director at Day Pitney LLP, a corporate partner and associate at McDermott, Will & Emery LLP and an associate at Walter, Conston, Alexander & Green, P.C. Ms. Patton holds a Juris Doctor degree from Georgetown University Law Center and a Bachelor of Arts degree from Dartmouth College.

Thomas Caputo

Mr. Thomas Michael Caputo is the Senior Vice President of Products of Cargurus Inc, Prior to joining CarGurus, Tom spent five years as the Chief Product Officer at Fiksu, a mobile marketing innovator, where he successfully led the company's product strategy and development. He also served as the Vice President of Product Management for x +1, acquired by Rocket Fuel in 2014, and Group Product Manager at Microsoft. Mr. Caputo holds a Master of Science degree from Stanford University, a Master of Business Administration degree from Stanford University Graduate School of Business and a Bachelor of Arts degree from Dartmouth College..

Ian Smith

Mr. Ian Smith is the Director of Cargurus Inc. Mr. Smith has been a Managing Director at Allen & Company LLC since March 2003, where Mr. Smith focuses on technology companies, providing advice and investment services. Mr. Smith currently serves on the board of directors of Aurora Innovation, Inc., a privately held provider of autonomous vehicle technology. Mr. Smith holds a Bachelor of Arts degree from Williams College. We believe Mr. Smith is qualified to serve as a member of our Board of Directors because of his extensive experience working with and advising technology companies on strategic transactions through his investment banking and investing experience, as well as his insight into financial and investment matters.

Steven Conine

Mr. Steven (Steve) Conine is an Independent Director of Cargurus Inc. Mr. Conine is co-founder of Wayfair Inc. (“Wayfair”) and has served as a director of Wayfair since 2002. He previously served as Wayfair’s Chief Technology Officer from 2002 until 2015. Prior to founding Wayfair, Mr. Conine served as Chief Technology Officer for Simplify Mobile Corporation, an enterprise software company he co-founded in 2001, Chief Operating Officer for the London office of iXL Enterprises, Inc. from 1999 to 2000, and Chief Technology Officer of Spinners Incorporated, an IT consulting company he co-founded, from 1995 to 1998. Mr. Conine received a Bachelor of Science degree from Cornell University.

Lori Hickok

Ms. Lori A. Hickok is an Independent Director of Cargurus Inc. Ms. Hickok was the Executive Vice President, Chief Financial and Development Officer for Scripps Networks Interactive, Inc. (“Scripps”), a leading developer of engaging lifestyle content in the home, food and travel categories for television, the Internet and emerging platforms, from July 2017 until April 2018. Prior to that time, she served as Scripps’ Executive Vice President, Chief Financial Officer from March 2015 until June 2017, and Executive Vice President, Finance from July 2008 until February 2015. Prior to Scripps’ spin off from The E.W. Scripps Company (“E.W. Scripps”) on July 1, 2008, Ms. Hickok also had served six years as E.W. Scripps’ Vice President and Corporate Controller. She first joined E.W. Scripps in 1988, as a financial analyst in the corporate finance department, and held positions as the Chief Analyst for Corporate Development, New Media Operations Controller and Divisional Controller for E.W. Scripps’ former cable television systems division, which merged in 1996 with Comcast Corporation. A certified public accountant, Ms. Hickok received a Bachelor of Science degree in Accounting & Finance from Miami University. Ms. Hickok also serves on the Board of Directors of Second Harvest Food Bank of East Tennessee.

Stephen Kaufer

Mr. Stephen Kaufer is an Independent Director of Cargurus Inc. Mr. Kaufer has served as a member of our Board of Directors since June 2007. He co-founded TripAdvisor, Inc. (“TripAdvisor”), an online marketplace for travel, in February 2000 and has been the President and Chief Executive Officer of TripAdvisor since that time. Mr. Kaufer has been a director of TripAdvisor since the completion of its spin-off from Expedia, Inc. in December 2011. Prior to co-founding TripAdvisor, Mr. Kaufer served as President of CDS, Inc. (“CDS”), an independent software vendor specializing in programming and testing tools. Prior to joining CDS, Mr. Kaufer co-founded CenterLine Software in 1985 and served as its Vice President of Engineering until 1998. Mr. Kaufer served on the boards of several privately held companies, including LiveData, Inc. and GlassDoor, Inc., and currently serves as a member of the board of directors at the Neuroendocrine Tumor Research Foundation. Mr. Kaufer holds a Bachelor of Arts degree from Harvard University.

Anastasios Parafestas

Mr. Anastasios Parafestas is an Independent Director of Cargurus Inc. Mr. Parafestas has served as a member of our Board of Directors since March 2006. Mr. Parafestas founded The Bollard Group LLC, an investment advisory firm, and has been the President and Managing Member of it since July 1995, and of its private equity arm Spinnaker Capital LLC since March 2000. Spinnaker Capital LLC is the Managing Member of Argonaut 22 LLC, a holder of more than 5% of our capital stock. During the past five years, Mr. Parafestas has served as a member of the board of directors of six private companies and served as a member of the audit and compensation committees of two of such companies. Mr. Parafestas holds a Master of Law in Taxation from Boston University, a Juris Doctor from New England Law | Boston, and a Bachelor of Science degree from Bentley College.

Greg Schwartz

Mr. Greg M. Schwartz is an Independent Director of Cargurus Inc. Mr. Schwartz has served as a member of our Board of Directors since March 2018. Mr. Schwartz has also served as the President of Media & Marketplaces at Zillow Group, Inc. (“Zillow”), an online real estate marketplace, since June 2018. Prior to that time, Mr. Schwartz served as Zillow’s Chief Business Officer from August 2015 to June 2018, as its Chief Revenue Officer from September 2010 to August 2015 and as its Vice President of Sales from March 2007 to September 2010. Prior to joining Zillow, Mr. Schwartz was Vice President of Advertising Sales at CNNMoney.com, a financial media company, from July 2005 to March 2007. From August 2001 to July 2005, Mr. Schwartz served as National Accounts Director for the Automotive and Finance Properties of Yahoo!, Inc., an online search company. Mr. Schwartz held various positions at DoubleClick, Inc., an online advertising company, from 1998 to 2000, including Director of Business Development. Mr. Schwartz holds a Bachelor of Arts degree in Government from Hamilton College.

Basic Compensation

Name Fiscal Year Total

Langley Steinert

2,693,210

Samuel Zales

2,355,000

Jason Trevisan

2,227,000

Spencer Scott

--

Kyle Lomeli

--

Sarah Welch

--

Kathleen Patton

1,096,500

Thomas Caputo

1,517,380

Ian Smith

196,973

Steven Conine

188,783

Lori Hickok

194,744

Stephen Kaufer

193,973

Anastasios Parafestas

193,241

Greg Schwartz

201,700
As Of  31 Dec 2018