Ernie Garcia
Chief Executive Officer at CARVANA CO.
Net worth: 5 706 M $ as of 2024-03-30
Profile
Founder of Carvana Co. and Carvana Group LLC, Ernie Garcia currently holds the position of Chairman, President & Chief Executive Officer for Carvana Co. and Principal at Carvana Group LLC (a subsidiary of Carvana Co.). He is also on the board of Seminole Boosters, Inc. In his past career he occupied the position of Treasurer, VP & Director-Quantitative Analytics at DriveTime Automotive Group, Inc. and Associate-Principal Transactions Group at NatWest Markets Securities, Inc. Mr. Garcia received an undergraduate degree from Stanford University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
Carvana Group LLC
20.25% | 2024-04-10 | 34,583,104 ( 20.25% ) | 3 040 M $ | 2024-03-30 |
CARVANA CO.
33.37% | 2024-04-10 | 27,666,483 ( 33.37% ) | 2 432 M $ | 2024-03-30 |
CARVANA CO. CLASS A
2.29% | 2024-04-10 | 2,661,458 ( 2.29% ) | 234 M $ | 2024-03-30 |
Ernie Garcia active positions
| Companies | Position | Start |
|---|---|---|
| CARVANA CO. | Chief Executive Officer | 2011-12-31 |
| Carvana Group LLC | Founder | 2012-09-19 |
Seminole Boosters, Inc.
 Seminole Boosters, Inc. Investment Trusts/Mutual FundsMiscellaneous Seminole Boosters, Inc. is engaged in fans, alumni and loyal supporters of FSU in order to generate financial contributions for the purpose of enriching the overall educational and athletic experience. The company is headquartered in Tallahassee, FL. | Director/Board Member | - |
Former positions of Ernie Garcia
| Companies | Position | End |
|---|---|---|
DriveTime Automotive Group, Inc.
 DriveTime Automotive Group, Inc. Specialty StoresRetail Trade DriveTime Automotive Group, Inc. engages in the ownership and operation of used automobile dealerships. It focuses on the sale and financing of vehicles to the subprime market. Through its dealerships, the firm provides its customers with a comprehensive end-to-end solution for their automotive needs including the sale, financing, and maintenance of their vehicles. The company was founded by Ernest C. Garcia, II in 1992 and is headquartered in Phoenix, AZ. | Director of Finance/CFO | 2009-10-31 |
NatWest Markets Securities, Inc.
 NatWest Markets Securities, Inc. Investment Banks/BrokersFinance Founded in 1985, NatWest Markets Securities, Inc. is a financial services and brokerage firm headquartered in Stamford, Connecticut. The firm is a subsidiary of RBS Holdings USA, Inc. and their ultimate parent is the Royal Bank of Scotland Plc (LSE: RBS). The firm was formerly known as RBS Securities, Inc., RBS Greenwich Capital, and Greenwich Capital Markets, Inc. NatWest is an institutional fixed-income firm that provides a full range of debt capital markets services to both those seeking to raise capital and those seeking to invest it. The firm is an industry leader in the U.S. Treasury, agency and MBS markets and in providing real estate and asset-backed financing to their clients. NatWest also provides futures brokerage services and trade strategies to select clients. | Corporate Officer/Principal | 2005-12-31 |
Training of Ernie Garcia
| Stanford University | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| CARVANA CO. | Retail Trade |
| Private companies | 4 |
|---|---|
DriveTime Automotive Group, Inc.
DriveTime Automotive Group, Inc. Specialty StoresRetail Trade DriveTime Automotive Group, Inc. engages in the ownership and operation of used automobile dealerships. It focuses on the sale and financing of vehicles to the subprime market. Through its dealerships, the firm provides its customers with a comprehensive end-to-end solution for their automotive needs including the sale, financing, and maintenance of their vehicles. The company was founded by Ernest C. Garcia, II in 1992 and is headquartered in Phoenix, AZ. | Retail Trade |
NatWest Markets Securities, Inc.
NatWest Markets Securities, Inc. Investment Banks/BrokersFinance Founded in 1985, NatWest Markets Securities, Inc. is a financial services and brokerage firm headquartered in Stamford, Connecticut. The firm is a subsidiary of RBS Holdings USA, Inc. and their ultimate parent is the Royal Bank of Scotland Plc (LSE: RBS). The firm was formerly known as RBS Securities, Inc., RBS Greenwich Capital, and Greenwich Capital Markets, Inc. NatWest is an institutional fixed-income firm that provides a full range of debt capital markets services to both those seeking to raise capital and those seeking to invest it. The firm is an industry leader in the U.S. Treasury, agency and MBS markets and in providing real estate and asset-backed financing to their clients. NatWest also provides futures brokerage services and trade strategies to select clients. | Finance |
| Carvana Group LLC | |
Seminole Boosters, Inc.
Seminole Boosters, Inc. Investment Trusts/Mutual FundsMiscellaneous Seminole Boosters, Inc. is engaged in fans, alumni and loyal supporters of FSU in order to generate financial contributions for the purpose of enriching the overall educational and athletic experience. The company is headquartered in Tallahassee, FL. | Miscellaneous |
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