CarGurus names Matthew Mandel CFO, effective October 19, 2026
CarGurus appointed Matthew Mandel as Chief Financial Officer, effective October 19, 2026, replacing CEO Jason Trevisan, who has served as interim principal financial and principal accounting officer since March 2025. Mandel's offer letter includes a $450,000 base salary, a target bonus of up to $450,000, and a $5,500,000 restricted stock unit grant, which matters to shareholders because it sets the compensation terms for the company's top finance role.
Key points
- Matthew Mandel, 42, is currently Chief Financial Officer and Chief Operating Officer at Fleetio, a role he has held since November 2023.
- Jason Trevisan will step down as interim principal financial and principal accounting officer on the start date and will continue as Chief Executive Officer.
- Offer letter terms: $450,000 annual base salary, target bonus of up to $450,000, $250,000 sign-on bonus, and a $5,500,000 restricted stock unit grant.
- Severance if terminated without Cause or for Good Reason is nine months of base salary plus nine months of COBRA premiums, paid in a lump sum.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.