George  Chamoun net worth and biography

George Chamoun Biography and Net Worth

CEO & Director of ACV Auctions

George Chamoun became CEO of ACV Auctions on September 16, 2016. As an early angel investor in ACV, George was drawn by the company’s long term potential. George brings a successful track record of accomplishment as an entrepreneur and senior executive. He co-founded Synacor (Nasdaq: SYNC) right out of college in 1998, and spent the next two decades building it into a trusted technology and revenue partner for some of the largest video and communication providers in the world. George was President of Sales and Marketing, growing the business for many years which enabled the company to go public in 2012. George has been recognized for his accomplishments;

  • In 2009 when Multichannel News named him one of the publication's "40-under-40" most influential innovators in the industry
  • In 1999 recipient of the Ernst & Young “Entrepreneur of the Year” award in NY

George has a passion for Entrepreneurship and serves as Chairman of Launch NY, a non-for-profit organization supporting the startup ecosystem for Upstate New York. George is a proud husband and father of two great kids.

What is George Chamoun's net worth?

The estimated net worth of George Chamoun is at least $20.39 million as of September 17th, 2024. Mr. Chamoun owns 928,166 shares of ACV Auctions stock worth more than $20,391,807 as of November 24th. This net worth approximation does not reflect any other investments that Mr. Chamoun may own. Additionally, Mr. Chamoun receives a salary of $1,230,000.00 as CEO & Director at ACV Auctions. Learn More about George Chamoun's net worth.

How old is George Chamoun?

Mr. Chamoun is currently 48 years old. There are 6 older executives and no younger executives at ACV Auctions. Learn More on George Chamoun's age.

What is George Chamoun's salary?

As the CEO & Director of ACV Auctions Inc., Mr. Chamoun earns $1,230,000.00 per year. Learn More on George Chamoun's salary.

How do I contact George Chamoun?

The corporate mailing address for Mr. Chamoun and other ACV Auctions executives is 640 ELLICOTT STREET SUITE 321, BUFFALO NY, 14203. ACV Auctions can also be reached via phone at 800-553-4070 and via email at [email protected]. Learn More on George Chamoun's contact information.

Has George Chamoun been buying or selling shares of ACV Auctions?

George Chamoun has not been actively trading shares of ACV Auctions during the last ninety days. Most recently, George Chamoun sold 111,363 shares of the business's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $20.27, for a transaction totalling $2,257,328.01. Following the completion of the sale, the chief executive officer now directly owns 928,166 shares of the company's stock, valued at $18,813,924.82. Learn More on George Chamoun's trading history.

Who are ACV Auctions' active insiders?

ACV Auctions' insider roster includes Craig Anderson (Insider), Kirsten Castillo (Director), George Chamoun (CEO & Director), Robert Goodman (Director), Brian Hirsch (Director), Vikas Mehta (COO), Michael Waterman (Insider), and William Zerella (CFO). Learn More on ACV Auctions' active insiders.

Are insiders buying or selling shares of ACV Auctions?

During the last year, insiders at the sold shares 49 times. They sold a total of 3,510,194 shares worth more than $62,080,935.39. The most recent insider tranaction occured on October, 15th when CFO William Zerella sold 32,500 shares worth more than $610,675.00. Insiders at ACV Auctions own 8.5% of the company. Learn More about insider trades at ACV Auctions.

Information on this page was last updated on 10/15/2024.

George Chamoun Insider Trading History at ACV Auctions

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/17/2024Sell111,363$20.27$2,257,328.01928,166View SEC Filing Icon  
6/20/2024Sell131,480$17.62$2,316,677.60961,245View SEC Filing Icon  
6/18/2024Sell77,995$17.71$1,381,291.45961,245View SEC Filing Icon  
3/21/2024Sell120,062$19.14$2,297,986.68597,921View SEC Filing Icon  
3/19/2024Sell124,999$18.42$2,302,481.58597,921View SEC Filing Icon  
12/15/2023Sell190,471$14.65$2,790,400.15599,293View SEC Filing Icon  
12/13/2023Sell124,614$14.32$1,784,472.48599,293View SEC Filing Icon  
9/14/2023Sell64,383$15.74$1,013,388.42622,950View SEC Filing Icon  
9/12/2023Sell83,895$16.21$1,359,937.95622,950View SEC Filing Icon  
6/22/2023Sell105,970$17.75$1,880,967.50646,607View SEC Filing Icon  
6/20/2023Sell143,049$18.01$2,576,312.49646,607View SEC Filing Icon  
4/6/2023Sell60,481$12.14$734,239.34646,607View SEC Filing Icon  
4/4/2023Sell76,877$12.45$957,118.65646,607View SEC Filing Icon  
1/12/2023Sell66,828$9.08$606,798.24210,303View SEC Filing Icon  
1/10/2023Sell57,604$8.43$485,601.72210,303View SEC Filing Icon  
10/31/2022Sell84,841$9.13$774,598.33220,559View SEC Filing Icon  
10/28/2022Sell82,070$8.90$730,423.00220,559View SEC Filing Icon  
See Full Table

George Chamoun Buying and Selling Activity at ACV Auctions

This chart shows George Chamoun's buying and selling at ACV Auctions by year and by quarter.

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ACV Auctions Company Overview

ACV Auctions logo
ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company's marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green's seller assurance service for against claims related to defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage for dealers and commercial partners. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.
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Today's Range

Now: $21.97
Low: $21.55
High: $22.16

50 Day Range

MA: $19.50
Low: $17.04
High: $21.99

2 Week Range

Now: $21.97
Low: $12.84
High: $22.23

Volume

1,841,741 shs

Average Volume

1,819,305 shs

Market Capitalization

$3.68 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.59