Vroom appoints Nikul Patel to board of directors effective April 24, 2025
Vroom, Inc.
Nikul Patel appointed to the Board, effective April 24, 2025; no family relationships or arrangements.
Patel receives standard non-employee director compensation: $30,000 annual cash retainer.
Equity grants: initial RSUs valued at $100,000 (3-year ratable vesting) plus partial-year and annual RSUs each $100,000 (vest at first annual meeting or one year).
Patel will enter into the Company's standard indemnification agreement for directors and officers.
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