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Companies Cars.com Inc.

Cars.com (CARS): executive pay, fiscal 2025

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CEO total pay$5,000,005CEO Tobias Hartmann · source
Say-on-pay support93.75%Latest vote · source
CEO vs. named peers13th pct.Of 16 peer CEOs
CEO pay ratio65:1To the median employee · source

CEO pay, last three years

  • $5,000,005FY2025

CEO total pay was $5,000,005 in fiscal 2025; the brief holds no earlier figure for this CEO.

FY2025: salary $0 · bonus $0 · stock awards $5,000,005 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Cars.com Inc. in fiscal 2025?
As disclosed, Alex Vetter (Former Chief Executive Officer) was the highest-paid executive at Cars.com Inc. in fiscal 2025, with total compensation of $7,427,054.
How does Cars.com Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Tobias Hartmann's total compensation ranked at the 13th percentile of Cars.com Inc.'s disclosed peer group.
What is Cars.com Inc.'s CEO-to-median employee pay ratio?
As disclosed, Cars.com Inc.'s CEO-to-median employee pay ratio was 65:1.
How did shareholders vote on Cars.com Inc.'s executive compensation?
As disclosed, 93.75% of shareholders supported Cars.com Inc.'s executive compensation in the latest say-on-pay vote.
How much does Cars.com Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Cars.com Inc. reported total board compensation of $2,784,955 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Alex Vetter$750,000$0$6,000,001$0$663,053$0$14,000$7,427,054
Former Chief Executive Officer
Tobias Hartmann005,000,00500005,000,005
Chief Executive Officer
Sonia Jain566,50002,118,9920500,826014,0003,200,318
Chief Financial Officer
Lisa Gosselin384,37501,875,0180339,814015,9182,615,125
Chief Commercial Officer
Angelique Strong Marks425,2500850,5120170,887011,1631,457,812
Chief Legal Officer and Corporate Secretary
Doug Miller148,585000001,140,9551,289,540
Former President and Chief Commercial Officer
Matthew Crawford345,1700843,76000047,1731,236,103
Former Chief Product and Innovation Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Alex Vetter$7,427,054$9,531,072$7,183,222↓ −2,104,018
Tobias Hartmann5,000,005———
Sonia Jain3,200,3183,163,9592,997,045↑ +36,359
Lisa Gosselin2,615,125———
Angelique Strong Marks1,457,8121,473,6301,301,040↓ −15,818
Doug Miller1,289,5402,397,4282,606,122↓ −1,107,888
Matthew Crawford1,236,1031,280,154—↓ −44,051

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Matthew CrawfordRSU2025-03-21——36,244—$421,880
Sonia JainPSU2025-03-2126,54891,022—182,0441,059,496
Tobias HartmannRSU2025-12-22——233,827—3,000,000
Lisa GosselinRSU2025-03-21——93,429—1,087,514
Matthew CrawfordPSU2025-03-2110,57136,244—72,488421,880
Alex VetterPSU2025-03-2175,172257,732—515,4643,000,000
Angelique Strong MarksRSU2025-03-21——73,068—850,512
Alex VetterRSU2025-03-21——257,732—3,000,000
Sonia JainRSU2025-03-21——91,022—1,059,496
Lisa GosselinPSU2025-03-2119,73367,655—135,310787,504
Tobias HartmannPSU2025-12-2251,962155,885—155,8852,000,005

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Matthew Crawford$421,880$421,880$050.0%
Sonia Jain1,059,4961,059,496050.0%
Tobias Hartmann3,000,0002,000,005040.0%
Lisa Gosselin1,087,514787,504042.0%
Alex Vetter3,000,0003,000,000050.0%
Angelique Strong Marks850,512000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Angelique Strong MarksRSU13,946—$170,141
Doug MillerRSU15,179—185,184
Sonia JainRSU18,089—220,686
Lisa GosselinRSU25,774—314,443
Doug MillerRSU29,516—360,095
Sonia JainRSU40,093—489,131
Doug MillerPSU45,538—555,564
Angelique Strong MarksRSU48,712—594,286
Sonia JainPSU54,266—662,045
Alex VetterRSU55,657—679,015
Sonia JainPSU60,139—733,696
Lisa GosselinRSU67,655—825,391
Lisa GosselinPSU67,655—825,391
Angelique Strong MarksRSU73,068—891,430
Sonia JainRSU91,022—1,110,468
Sonia JainPSU91,022—1,110,468
Alex VetterPSU112,297—1,370,023
Alex VetterRSU118,064—1,440,381
Tobias HartmannPSU155,885—1,901,797
Alex VetterPSU166,971—2,037,046
Alex VetterPSU177,096—2,160,571
Tobias HartmannRSU233,827—2,852,689
Alex VetterRSU257,732—3,144,330
Alex VetterPSU257,732—3,144,330
Alex VetterOption263,11915.07—
Alex VetterOption290,99415.17—
Alex VetterOption513,2285.4—
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott ForbesIndependent · Board Chair · Compensation Committee (Chair) · ESG Committee$95,000$264,991$0—$0$359,991
Jill GreenthalIndependent · ESG Committee (Chair) · Audit Committee95,000189,9960—0284,996
Donald A. McGovern JrIndependent · Audit Committee (Chair) · Compensation Committee95,000189,9960—0284,996
Jerri DeVardIndependent · Compensation Committee · ESG Committee75,000189,9960—0264,996
Jenell R. RossIndependent · Audit Committee · ESG Committee75,000189,9960—0264,996
Greg RevelleIndependent · Compensation Committee · ESG Committee75,000189,9960—0264,996
Thomas HaleIndependent · Audit Committee · ESG Committee75,000189,9960—0264,996
Bryan WienerIndependent · Audit Committee · ESG Committee75,000189,9960—0264,996
Michael KellyIndependent · Audit Committee · Compensation Committee75,000189,9960—0264,996
Bala SubramanianIndependent · Audit Committee · Compensation Committee75,000189,9960—0264,996
Tobias HartmannEmployee director · Partial-year service · Newly elected000—00
Alex VetterEmployee director · Not standing for re-election · Departed during FY000—00

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$180,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 20,000
Stock ownership guideline$225,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$810,000
Equity awards (grant-date value)$1,974,955
All other compensation$0
Total cost of the board$2,784,955

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Cars.com as a peer

Companies that benchmark against CARS

21 companies name CARS as a compensation peer

The list of companies that name CARS as a peer is temporarily unavailable — recheck shortly.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

SEAT Vivid Seats Inc.YELP Yelp Inc.ACVA ACV Auctions Inc.CARG CarGurus Inc.EVCM EverCommerce Inc.GOGO Gogo Inc.IRDM Iridium Communications Inc.MGNI Magnite Inc.KAR Openlane Inc.QNST QuinStreet Inc.SSTK Shutterstock Inc.TTGT TechTarget Holdings Inc.TRIP TripAdvisor Inc.TRUE TrueCar Inc.UPWK Upwork Inc.ZD Ziff Davis Inc.

Peer reciprocity

Of the companies Cars.com Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Vivid Seats Inc. (SEAT) Yelp Inc. (YELP) ACV Auctions Inc. (ACVA) CarGurus Inc. (CARG) EverCommerce Inc. (EVCM) Gogo Inc. (GOGO) Iridium Communications Inc. (IRDM) Magnite Inc. (MGNI) Openlane Inc. (KAR) QuinStreet Inc. (QNST) Shutterstock Inc. (SSTK) TechTarget Holdings Inc. (TTGT) TripAdvisor Inc. (TRIP) TrueCar Inc. (TRUE) Upwork Inc. (UPWK) Ziff Davis Inc. (ZD)

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Cars.com Inc..

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Cars.com Inc.2025Tobias Hartmann$0$5,000,005$0$0$5,000,005
—Vivid Seats Inc.——————not in coverage universe
—Yelp Inc.——————not in coverage universe
—ACV Auctions Inc.——————not in coverage universe
—CarGurus Inc.——————not in coverage universe
—EverCommerce Inc.——————not in coverage universe
—Gogo Inc.——————not in coverage universe
—Iridium Communications Inc.——————not in coverage universe
—Magnite Inc.——————not in coverage universe
—Openlane Inc.——————not in coverage universe
—QuinStreet Inc.——————not in coverage universe
—Shutterstock Inc.——————not in coverage universe
—TechTarget Holdings Inc.——————not in coverage universe
—TripAdvisor Inc.——————not in coverage universe
—TrueCar Inc.——————not in coverage universe
—Upwork Inc.——————not in coverage universe
—Ziff Davis Inc.——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Cars.com Inc.not disclosednot disclosednot disclosednot disclosed
ACV Auctions Inc.not disclosednot disclosednot disclosednot disclosed
CarGurus Inc.not disclosednot disclosednot disclosednot disclosed
EverCommerce Inc.not disclosednot disclosednot disclosednot disclosed
Gogo Inc.not disclosednot disclosednot disclosednot disclosed
Iridium Communications Inc.not disclosednot disclosednot disclosednot disclosed
Magnite Inc.not disclosednot disclosednot disclosednot disclosed
Openlane Inc.not disclosednot disclosednot disclosednot disclosed
QuinStreet Inc.not disclosednot disclosednot disclosednot disclosed
Shutterstock Inc.not disclosednot disclosednot disclosednot disclosed
TechTarget Holdings Inc.not disclosednot disclosednot disclosednot disclosed
TripAdvisor Inc.not disclosednot disclosednot disclosednot disclosed
TrueCar Inc.not disclosednot disclosednot disclosednot disclosed
Upwork Inc.not disclosednot disclosednot disclosednot disclosed
Vivid Seats Inc.not disclosednot disclosednot disclosednot disclosed
Yelp Inc.not disclosednot disclosednot disclosednot disclosed
Ziff Davis Inc.not disclosednot disclosednot disclosednot disclosed

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0339,715,3002,645,887671,15293.75%Passed
20252025-04-0748,531,0561,080,534467,73597.82%Passed
20242024-06-0553,944,963798,78748,96098.54%Passed
20232023-06-0755,574,7793,483,46655,49094.1%Passed
20222022-06-0851,684,2614,987,1342,563,02787.25%Passed
20212021-06-0924,731,47529,447,701756,13245.02%Failed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-0393.75%a
20252025-04-0797.82%b
20242024-06-0598.54%c

a. Approved under the standard stated in the filing — “What items are being voted upon, how does the Board recommend I vote, and what are the standards for determining whether any item has been approved? Item of Business Board Recommendation Voting Approval Standard Effect of Abstention Effect of Broker Non-Vote Election of Directors (Page 19 ) "FOR" More votes "For" than "Against" No Effect No Effect Ratification of Appointment of Ernst & Young LLP as our Independent Registered Public Accounting Firm for the fiscal year 2026 (Page 64 ) "FOR" Majority of shares present and entitled to vote Vote "Against" Not Applicable Advisory Approval of Executive Officer Compensation (Say on Pay) (Page 68 ) "FOR" Majority of shares present and entitled to vote Vote "Against" No Effect 13.”.

b. Approved under the standard stated in the filing — “What items are being voted upon, how does the Board recommend I vote, and what are the standards for determining whether any item has been approved? ​ Item of Business ​ ​ Board Recommendation ​ ​ Voting Approval Standard ​ ​ Effect of Abstention ​ ​ Effect of Broker Non-Vote ​ ​ ​ ​ Election of Directors (Page 19 ) ​ ​ "FOR" ​ ​ More votes "For" than "Against" ​ ​ No Effect ​ ​ No Effect ​ ​ ​ ​ Ratification of Appointment of Ernst & Young LLP as Independent Registered Public Accounting Firm for the fiscal year 2024 (Page 61 ) ​ ​ "FOR" ​ ​ Majority of shares present and entitled to vote ​ ​ Vote "Against" ​ ​ Not Applicable ​ ​ ​ ​ Advisory Approval of Executive Compensation (Say on Pay) (Page 65 ) ​ ​ "FOR" ​ ​ ​Majority of shares present and entitled to vote ​ ​ ​Vote "Against" ​ ​ No Effect ​ 13.”.

c. Approved under the standard stated in the filing — “What items are being voted upon, how does the Board recommend I vote, and what are the standards for determining whether any item has been approved? ​ Item of Business ​ ​ Board Recommendation ​ ​ Voting Approval Standard ​ ​ Effect of Abstention ​ ​ Effect of Broker Non-Vote ​ ​ ​ ​ Election of Directors (Page 19 ) ​ ​ "FOR" ​ ​ More votes "For" than "Against" ​ ​ No Effect ​ ​ No Effect ​ ​ ​ ​ Ratification of Appointment of Ernst & Young LLP as Independent Registered Public Accounting Firm for the fiscal year 2024 (Page 61 ) ​ ​ "FOR" ​ ​ Majority of shares present and entitled to vote ​ ​ Vote "Against" ​ ​ Not Applicable ​ ​ ​ ​ Advisory Approval of Executive Compensation (Say on Pay) (Page 65 ) ​ ​ "FOR" ​ ​ ​Majority of shares present and entitled to vote ​ ​ ​Vote "Against" ​ ​ No Effect ​ 13.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)65 : 1
CEO total compensation$7,427,053
Median employee compensation$114,524
Insider trades since the proxy

Equity transactions since the proxy statement are temporarily unavailable — recheck shortly.

Sources (38 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Alex Vetter. DEF 14A, filed 2026-04-17. Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 7,427,054. View filing ↗
  • Section 01, Tobias Hartmann. DEF 14A, filed 2026-04-17. Section “Named Executive Officer Compensation” · page 45. As printed: 5,000,005. View filing ↗
  • Section 01, Sonia Jain. DEF 14A, filed 2026-04-17. Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 3,200,318. View filing ↗
  • Section 01, Lisa Gosselin. DEF 14A, filed 2026-04-17. Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 2,615,125. View filing ↗
  • Section 01, Angelique Strong Marks. DEF 14A, filed 2026-04-17. Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 1,457,812. View filing ↗
  • Section 01, Doug Miller. DEF 14A, filed 2026-04-17. Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 1,289,540. View filing ↗
  • Section 01, Matthew Crawford. DEF 14A, filed 2026-04-17. Section “2025 SUMMARY COMPENSATION TABLE”. As printed: 1,236,103. View filing ↗
  • Section 03, Matthew Crawford RSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Sonia Jain PSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Tobias Hartmann RSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Lisa Gosselin RSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Matthew Crawford PSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Alex Vetter PSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Angelique Strong Marks RSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Alex Vetter RSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Sonia Jain RSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Lisa Gosselin PSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Tobias Hartmann PSU. DEF 14A, filed 2026-04-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-17. Section “CEO Pay Ratio”. As printed: 65 : 1. View filing ↗
  • Section 08, Scott Forbes. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 359,991. View filing ↗
  • Section 08, Jill Greenthal. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 284,996. View filing ↗
  • Section 08, Donald A. McGovern Jr. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 284,996. View filing ↗
  • Section 08, Jerri DeVard. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Jenell R. Ross. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Greg Revelle. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Thomas Hale. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Bryan Wiener. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Michael Kelly. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Bala Subramanian. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 264,996. View filing ↗
  • Section 08, Tobias Hartmann. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Alex Vetter. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-05. Item 5.07 · say-on-pay result. As reported: 93.75% (votes for as printed: 39,715,300). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-06. Item 5.07 · say-on-pay result. As reported: 97.82% (votes for as printed: 48,531,056). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-11. Item 5.07 · say-on-pay result. As reported: 98.54% (votes for as printed: 53,944,963). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 810,000 + equity 1,974,955 + all other 0 = 2,784,955, summed across the director compensation table rows.
  • Cars.com Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Cars.com Inc.'s own proxy. As printed: 5,000,005. View filing ↗
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