The average increase in total compensation last year among the 23 CEOs was 200 percent, a figure that’s skewed somewhat by the nearly 4,200 percent increase reaped by Michael Bor.
Search Results for: carlotz
Facing stock price freefall and big losses, CarLotz shutters half its stores
The Scott’s Addition-based used car consignment company has hit nonstop speedbumps since going public through a SPAC deal last year.
CarLotz hit with multiple lawsuits by disgruntled stockholders
The used car retailer, which went public in January, has been sued at least three times in the last two months for alleged securities law violations.
CarLotz moving headquarters from Manchester to Scott’s Addition
The locally-based used vehicle consignment company, which recently listed on Nasdaq, is relocating to the HandCraft building at 3301 W. Moore St.
CarLotz to go public with Nasdaq listing and $300M capital raise
Move over, CarMax. Richmond will soon be home to a second publicly traded used car retailer.
CarLotz drives into Texas, steering toward Northeast expansion next
Continuing its nationwide expansion, a fast-growing local used car consignment chain has ventured into the Lone Star State.
CarLotz scores $30M for nationwide push
The local car consignment company looked to private equity money in the Motor City to shift its expansion plans into overdrive.
CarLotz sees green in Tar Heel country
A local car consignment chain took an out-of-state road trip for its newest location. CarLotz opened a storefront this month in Charlotte, North Carolina. The expansion to the Tar Heel State is the 5-year-old company’s first outside of Virginia and its fourth car lot overall. Since launching in 2011, the used car consigner has opened… Read more »
CarLotz hits the accelerator
The used car company opened a new location in Virginia Beach this month and has big plans to expand its concept across the country.
CarLotz fuels up with $5M capital raise
A local used car consignment startup is driving a high-speed expansion forward, planning to open 10 more locations in the next two years.