Langley Steinert is the founder and CEO of CarGurus and the co-founder of TripAdvisor.
After graduating from Georgetown University with his B.A., he spent three and a half years as a Wall Street investment banker. Discouraged by the long hours and lack of work-life balance, he decided to pursue his M.B.A. as a pathway to the software industry.
He attended Dartmouth’s Tuck School of Business where he was impressed by the diversity of his classmates and their experiences. Still determined to go into software, he took a part-time consulting role at Lotus Development Corp. in Boston, where he ended up working for three years.
He then spent the next four years at various early-stage startups in Boston, including Papyrus and Viaweb. After Yahoo purchased Viaweb in 1998, Steinert joined a venture capital firm in Cambridge where he met his soon-to-be business partner, Stephen Kaufer.
In 2000, the pair founded TripAdvisor, the world’s largest online travel community with $4 million. Four years later, they sold it to Expedia/IAC for $210 million.
Steinert launched CarGurus in 2006 with $5 million, with the goal of simplifying the car shopping experience. It has since grown to become one of the leading global automotive marketplaces. The company went public in October 2017 with a $150 million IPO. Steinert remains in the role of CEO as well as chairman of the board of directors.
What is Langley Steinert's net worth?
The estimated net worth of Langley Steinert is at least $36.25 million as of May 7th, 2021. Mr. Steinert owns 1,268,531 shares of CarGurus stock worth more than $36,254,616 as of May 15th. This net worth evaluation does not reflect any other assets that Mr. Steinert may own. Additionally, Mr. Steinert receives a salary of $57,330.00 as CEO at CarGurus.
How old is Langley Steinert?
Mr. Steinert is currently 57 years old. There are 6 older executives and no younger executives at CarGurus.
What is Langley Steinert's salary?
As the CEO of CarGurus, Inc., Mr. Steinert earns $57,330.00 per year. There are 4 executives that earn more than Mr. Steinert. The highest earning executive at CarGurus is Mr. Jason M. Trevisan, CEO & Director, who commands a salary of $645,660.00 per year.
How do I contact Langley Steinert?
The corporate mailing address for Mr. Steinert and other CarGurus executives is 2 Canal Park 4thFloor, Cambridge MA, 02141. CarGurus can also be reached via phone at 617-354-0068 and via email at [email protected]
Has Langley Steinert been buying or selling shares of CarGurus?
During the last quarter, Langley Steinert has sold $2,466,827.00 in CarGurus stock. Most recently, Langley Steinert sold 13,995 shares of the business's stock in a transaction on Monday, May 10th. The shares were sold at an average price of $27.72, for a transaction totalling $387,941.40. Following the completion of the sale, the chairman now directly owns 1,268,531 shares of the company's stock, valued at $35,163,679.32.
Who are CarGurus' active insiders?
Are insiders buying or selling shares of CarGurus?
In the last twelve months, insiders at the sold shares 86 times. They sold a total of 1,693,093 shares worth mmore than $43,181,702.29. The most recent insider tranaction occured on May, 10th when Langley Steinert Chairman bought 13,995 shares worth more than $387,941.40. Insiders at CarGurus own 24.4 % of the company.
Information on this page was last updated on 5/10/2021.