Last updated: 10 May 2024 at 5:18pm EST

Michael Maroone Net Worth




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.

Mr. Maroone CVNA stock SEC Form 4 insiders trading

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 Maroone biography

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.

What is the salary of Michael Maroone?

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.



How old is Michael Maroone?

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.

What's Michael Maroone's mailing address?

Michael's mailing address filed with the SEC is C/O CARVANA CO., 300 E. RIO SALADO PARKWAY, TEMPE, AZ, 85281.

Insiders trading at Carvana Co

Over the last 7 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.



What does Carvana Co do?

simply put, carvana is a better way to buy a car. you can browse, finance, and purchase a car online and have it delivered to you as soon as the next day. cutting out the dealerships translates to thousands of dollars in lower costs on every vehicle we sell. we pass these savings on to consumers in four ways: lower prices (our customers save $1,681 on average vs. kelley blue book), premium cars, a better experience, and no hidden fees. want to work at carvana? view our openings at: http://www.carvana.com/careers



What does Carvana Co's logo look like?

Carvana Co. logo

Complete history of Mr. Maroone stock trades at Autonation and Carvana Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
9 May 2024 Michael E Maroone
Director
Sale 24,516 $117.33 $2,876,462
9 May 2024
175,891
7 Nov 2022 Michael E Maroone
Director
Buy 100,000 $8.61 $861,000
7 Nov 2022
154,392
4 Mar 2022 Michael E Maroone
Director
Buy 25,000 $104.77 $2,619,250
4 Mar 2022
50,224
15 Dec 2020 Michael E Maroone
Director
Sale 10,000 $262.03 $2,620,300
15 Dec 2020
24,560
26 Nov 2018 Michael E Maroone
Director
Buy 1,000 $43.85 $43,850
26 Nov 2018
1,000
12 Nov 2018 Michael E Maroone
Director
Buy 20,000 $44.46 $889,200
12 Nov 2018
20,000
11 Dec 2014 Michael E Maroone
President and COO
Sale 14,000 $59.44 $832,160
11 Dec 2014
1,311,147
11 Nov 2014 Michael E Maroone
President and COO
Sale 100,000 $58.09 $5,809,000
11 Nov 2014
1,329,409
30 Oct 2014 Michael E Maroone
President and COO
Sale 100,000 $56.23 $5,623,000
30 Oct 2014
1,429,409
15 Sep 2014 Michael E Maroone
President and COO
Option 100,000 $10.17 $1,017,000
15 Sep 2014
21,600
27 Aug 2014 Michael E Maroone
President and COO
Option 220,250 $19.21 $4,231,003
27 Aug 2014
118,444
11 Sep 2013 Michael E Maroone
President and COO
Sale 300,000 $52.99 $15,897,000
11 Sep 2013
1,530,349
25 Apr 2013 Michael E Maroone
President and COO
Sale 249,265 $44.70 $11,142,146
25 Apr 2013
1,830,349
14 Mar 2013 Michael E Maroone
President and COO
Option 18,683 $20.08 $375,155
14 Mar 2013
18,683
11 Mar 2013 Michael E Maroone
President and COO
Option 1,356 $20.08 $27,228
11 Mar 2013
1,317
6 Mar 2013 Michael E Maroone
President and COO
Option 182,961 $20.08 $3,673,857
6 Mar 2013
119,461
31 Oct 2012 Michael E Maroone
President and COO
Sale 136,949 $44.38 $6,077,797
31 Oct 2012
2,079,614
26 Oct 2012 Michael E Maroone
President and COO
Sale 30,059 $44.88 $1,349,048
26 Oct 2012
2,216,563
12 Sep 2012 Michael E Maroone
President and COO
Sale 118,677 $41.34 $4,906,107
12 Sep 2012
2,246,622
7 Sep 2012 Michael E Maroone
President and COO
Sale 313,423 $41.71 $13,072,873
7 Sep 2012
2,365,299
20 Jul 2012 Michael E Maroone
President and COO
Option 224,504 $17.88 $4,014,132
20 Jul 2012
67,100
26 Aug 2011 Michael E Maroone
President and COO
Option 317,996 $16.84 $5,355,053
26 Aug 2011
317,996


Carvana Co executives and stock owners

Carvana Co executives and other stock owners filed with the SEC include: