TrueCar terminates chief revenue officer Jay Ku
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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.
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