TrueCar terminates chief revenue officer Jay Ku

TrueCar Inc. (NASDAQ: TRUE) terminated Chief Revenue Officer Jay Ku without cause, effective September 1, 2025, the company announced August 28.

The company expects to enter into a release and separation agreement with Ku that includes a release of claims against TrueCar and provides severance benefits consistent with his employment agreement dated February 10, 2023.

The separation agreement terms align with provisions for termination without cause outlined in Ku's original employment contract with the automotive platform company.

You May Also Be Interested In

• SpaceX files for 555.56M share IPO at $135/sh
• Alnylam partners with Inceptive in $2B AI collaboration for drug discovery
• Fuerte changes name to Talamore Mining, shares to trade as TALA