Victor A. "Chip" Perry III has a solid background in the automotive industry. He has been the CEO of TrueCar, Inc. since December 2015, and he previously served as CEO of AutoTrader Group, a well-known online automotive marketplace, for over...

Victor A. "Chip" Perry III has a solid background in the automotive industry. He has been the CEO of TrueCar, Inc. since December 2015, and he previously served as CEO of AutoTrader Group, a well-known online automotive marketplace, for over 15 years. Chip holds a B.S. in Economics and brings a wealth of experience in online marketplaces to his role at TrueCar. Under his leadership, TrueCar has focused on enhancing the car-buying experience for consumers. An interesting point about Chip's tenure is that in 2019, he faced challenges meeting performance goals, which directly impacted his bonus structure. Despite not receiving a cash bonus that year, he still had significant total compensation, reflecting the complexities of executive pay linked to performance metrics. His career experience at RentPath and AutoTrader has shaped his strategies and decisions at TrueCar. On a personal note, Chip was born on March 5, 1958, and he's seen significant fluctuations in his stock holdings, notably in 2019 when he executed several large insider trades, highlighting his active financial involvement with the company. Overall, Chip's extensive industry knowledge, combined with his hands-on experience, positions him as a key figure in TrueCar's mission to simplify car buying.