The estimated Net Worth of Michael E Maroone is at least $94 Million dollars as of 9 May 2024. Mr. Maroone owns over 24,516 units of Carvana Co stock worth over $23,488,484 and over the last 21 years he sold CVNA stock worth over $70,205,893. In addition, he makes $257,033 as Lead Independent Director at Carvana Co.
Michael has made over 22 trades of the Carvana Co stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 24,516 units of CVNA stock worth $2,876,462 on 9 May 2024.
The largest trade he's ever made was exercising 317,996 units of Carvana Co stock on 26 August 2011 worth over $5,355,053. On average, Michael trades about 39,525 units every 70 days since 2003. As of 9 May 2024 he still owns at least 175,891 units of Carvana Co stock.
You can see the complete history of Mr. Maroone stock trades at the bottom of the page.
Michael E. Maroone serves as Lead Independent Director of the Company. Mr. Maroone is currently the chief executive officer (“CEO”) of Maroone U.S.A. LLC. From July 2005 to April 2015, Mr. Maroone served on the board of AutoNation, Inc., an automotive retailer and provider of new and used vehicles and related services. From August 1999 until his retirement in February 2015, Mr. Maroone also served as president and chief operating officer of AutoNation, Inc. Prior to joining AutoNation, Inc., Mr. Maroone was president and CEO of the Maroone Automotive Group, a privately held automotive retail group, from 1977 to 1997. Mr. Maroone currently serves on two other boards: as chairman of the board of Cleveland Clinic Florida, a non-profit, multispecialty academic hospital; and as a member of the board of the Cleveland Clinic. Mr. Maroone previously served on the advisory board for Cox Automotive, Inc., the Cleveland Clinic Board of Trustees, and as co-chairman of the Florida Leadership Board of the Cleveland Clinic. He holds a B.S. degree in small business management from the University of Colorado Boulder. Mr. Maroone was selected to serve on our Board because of his advisory experience and his extensive experience in the automotive retail industry and we believe that Mr. Maroone will continue to be a valuable member of our Board because of such experience.
As the Lead Independent Director of Carvana Co, the total compensation of Michael Maroone at Carvana Co is $257,033. There are 13 executives at Carvana Co getting paid more, with Ernest Garcia having the highest compensation of $2,957,130.
Michael Maroone is 66, he's been the Lead Independent Director of Carvana Co since 2017. There are 1 older and 17 younger executives at Carvana Co. The oldest executive at Carvana Co. is Dan Quayle, 73, who is the Independent Director.
Michael's mailing address filed with the SEC is C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE, AZ, 85281.
Over the last 8 years, insiders at Carvana Co have traded over $5,656,039,125 worth of Carvana Co stock and bought 13,846,454 units worth $722,594,046 . The most active insiders traders include Ernest C. Iiverde Investmen..., House Partnership Lp Spruce..., and House Partnership Llcspruce.... On average, Carvana Co executives and independent directors trade stock every 5 days with the average trade being worth of $12,052,653. The most recent stock trade was executed by Ernest C. Iiecg Ii Spe, Llc... on 9 September 2024, trading 150,000 units of CVNA stock currently worth $19,888,500.
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Carvana Co executives and other stock owners filed with the SEC include: