Last $14.39 USD
Change Today +0.09 / 0.63%
Volume 380.9K
TRUE On Other Exchanges
As of 8:10 PM 07/9/14 All times are local (Market data is delayed by at least 15 minutes).

truecar inc (TRUE) Snapshot

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52 Week High
06/9/14 - $15.85
52 Week Low
05/23/14 - $9.05
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truecar inc (TRUE) Details

TrueCar, Inc. operates as an Internet-based information, technology, and communication services company. The company operates data-driven online platform through its Website. TrueCar, Inc. also operates its platform for affinity group marketing partners, such as USAA and consumer reports, financial institutions, and other large enterprises. It enables users to obtain market-based pricing data on new and used cars, as well as to connect with its network of TrueCar certified dealers. The company, formerly known as Inc., was founded in 2005 and is based in Santa Monica, California.

361 Employees
Last Reported Date: 05/16/14
Founded in 2005

truecar inc (TRUE) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $545.1K
Chief Financial Officer
Total Annual Compensation: $240.0K
Chief Technology Officer
Total Annual Compensation: $160.0K
Compensation as of Fiscal Year 2013.

truecar inc (TRUE) Key Developments

TrueCar, Inc. Appoints Chris Claus to its Board of Directors and Audit Committee

TrueCar, Inc. announced that Chris Claus has been named to its board of directors and will also serve on its audit committee. Claus is a former executive at TrueCar affinity group marketing partner USAA. During his distinguished 20-year career at USAA, Claus held several senior financial and operating roles, serving as the president of the Financial Advice and Solutions Group and as a member of USAA's Executive Council for 13 years. TrueCar also appointed former Hyundai Motor America President & CEO John Krafcik to its board of directors in April.

TrueCar, Inc. Announces New Appointments

TrueCar, Inc. announced that it has hired Troy Foster, Johnny Stephenson and Jeff Swart to lead its in-house legal team. Troy Foster will serve as Chief Legal & Compliance Officer, Johnny Stephenson will serve as EVP & Chief Risk Officer and Jeff Swart will serve as SVP & Deputy General Counsel. All three have joined TrueCar as full-time employees after years of working as the company's outside regulatory and corporate counsel. As Chief Legal & Compliance Officer, Troy Foster will manage the company's overall compliance efforts in auto regulatory, securities and other areas including corporate governance matters. Prior to joining TrueCar, Troy was a corporate and securities attorney at Wilson Sonsini Goodrich & Rosati, the nation's leading law firm representing technology and emerging growth companies. As a partner in the corporate practice, Troy represented a wide range of corporate and entrepreneurial clients in technology, life sciences, and other growth enterprises. As EVP & Chief Risk Officer, Johnny Stephenson will be responsible for identifying and managing risk factors and will serve as a strategic advisor to Scott Painter. Johnny is a world-class trial lawyer with over 30 years of experience. Previously, Johnny served as a litigation partner at the law firm of Alston & Bird LLP. Jeff Swart, TrueCar's newly appointed SVP & Deputy General Counsel, is also a seasoned attorney and one of the nation's most knowledgeable experts on auto regulatory compliance. Prior to joining TrueCar, Jeff was a litigation partner at the law firm of Alston & Bird LLP and also worked as a CPA with Coopers & Lybrand, now PwC.

TrueCar, Inc.(NasdaqGS:TRUE) added to Russell 2000 Index

TrueCar, Inc. will be added to the Russell 2000 Index.


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Price/Earnings NM Not Meaningful
Price/Sales 5.9x
Price/Book 6.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.3x

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