About

Michael Waterman has served as Chief Sales Officer of ACV Auctions since April 2019, and previously served as the company's Senior Vice President, Business Development beginning in October 2016. Before joining ACV he held various product and sales management roles, including Division Vice President at Dealertrack, Inc. from November 2012 to July 2016, Director, Strategic Dealer Sales at ADESA, Inc. from March 2011 to October 2013, and National Sales Director, Inventory Solutions at Dealertrack, Inc. from March 2006 to March 2011. He began his career managing automobile dealerships and holds a B.S. in finance from Kent College.

Roles

ACV Auctions Inc.
Chief Sales Officer · Current role
April 2019–present
ACV Auctions
Chief Sales Officer
April 2019 - present
ACV Auctions
Senior Vice President, Business Development
October 2016 - April 2019
Dealertrack, Inc.
Division Vice President
November 2012 - July 2016
ADESA, Inc.
Director, Strategic Dealer Sales
March 2011 - October 2013
Dealertrack, Inc.
National Sales Director, Inventory Solutions
March 2006 - March 2011

Fixed Compensation

FY 2025
Salary
$403,887
ComponentBase salary earned in fiscal 2025
All other compensation
$5,229
ComponentLong-term disability insurance premiums and cell phone allowance
Total compensation
$4,402,074

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$0
Target Opportunity
Plan2025 annual performance-based bonus (Adjusted EBITDA and GAAP revenue gate); the Compensation Committee determined no amounts would be paid for 2025 performance

Stock awards

Stock awards
$3,992,958
FormRSUs and PSUs granted under the 2021 Equity Incentive Plan, ASC 718 grant-date fair value (PSUs at target)

Also at ACV Auctions Inc.

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