TrueCar, Inc. (TRUE)

2.9100 +0.0800 (+2.83%) At close: 04:00PM EDT

TrueCar, Inc.

1401 Ocean Avenue
Suite 200
Santa Monica, CA 90401
United States
800 200 2000
https://www.truecar.com

Sector(s): Communication Services
Industry: Internet Content & Information
Full-time employees: 324

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jantoon E. Reigersman	President, CEO & Director	938.45k	N/A	1982

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

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 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; and DealerScience that provides dealers with advanced digital retailing software tools. The company was formerly known as Zag.com Inc. The company was incorporated in 2005 and is headquartered in Santa Monica, California.

Corporate governance

TrueCar, Inc.’s ISS governance QualityScore as of 1 April 2024 is 6. The pillar scores are Audit: 7; Board: 6; Shareholder rights: 8; Compensation: 6.

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.