PHOENIX, June 27, 2016 /PRNewswire/ -- EY today announced that Ernie Garcia, founder and CEO of Carvana – the first complete online auto retailer and the company behind the world's first fully-automated, coin-operated Car Vending Machine – received the EY Entrepreneur Of The Year® 2016 Award in the Mountain Desert region for the consumer technology category. This year marks the 30th anniversary of the EY Entrepreneur Of The Year Award program. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Garcia was selected by an independent panel of judges, and the award was presented at a special gala event at the Denver Center for the Performing Arts Complex on June 23, 2016.
"This is an incredible honor for myself and the entire Carvana team. Just to be named a finalist among the company of community leaders nominated was very humbling," said Ernie Garcia, founder and CEO of Carvana. "We created Carvana to revolutionize the antiquated car buying process by offering consumers a better and more affordable way to buy a car. The reception we have received since our launch in 2013 exceeded our expectations, and is a testament that if you build a company focused on trust and transparency and never waiver from the mission, success will follow."
Since 1986, EY has honored entrepreneurs whose ingenuity, spirit of innovation and discipline have propelled their companies' success, invigorated their industries, and benefited their communities. Now in its 30th year, the program has honored the inspirational leadership of such entrepreneurs as Howard Schultz of Starbucks Coffee Company, Robert Unanue of Goya Foods, and Mindy Grossman of HSN. Recent US national winners include Reid Hoffman and Jeff Weiner of LinkedIn; Hamdi Ulukaya, founder of Chobani; and 2015 winners Andreas Bechtolsheim and Jayshree Ullal of Arista Networks.
As a Mountain Desert region award winner, Garcia is now eligible for consideration for the Entrepreneur Of The Year 2016 national program. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 19, 2016. The awards are the culminating event of the Strategic Growth ForumTM, the nation's most prestigious gathering of high-growth, market-leading companies. The US Entrepreneur Of The Year Overall Award winner then moves on to compete for the World Entrepreneur Of The Year Award in Monaco, June 2017.
Founded and produced by EY, the Entrepreneur Of The Year Awards are sponsored nationally by SAP America, Merrill Corporation and the Ewing Marion Kauffman Foundation.
In the Mountain Desert region, sponsors also include Faegre Baker Daniels LLP, Colliers International, Woodruff-Sawyer & Co. and the Denver Business Journal.
Founded in 2013 and based in Phoenix, Ariz., Carvana is the first complete online auto retailer offering vehicle purchase in as little as 11 minutes, with an average savings of $1,681. Additionally, Carvana launched the world's first-ever, fully-automated, coin-operated car Vending Machine, in Nashville, Tenn. With Carvana, you can shop for, finance, purchase and trade-in a car entirely online, while also receiving as soon as next-day vehicle delivery or pick-up at the nation's first vehicle vending machine. Carvana cars come with an accident-free guarantee, undergo a rigorous 150-point inspection and come with a 100-day/4,189 mile bumper-to-bumper warranty, as well as a 7-Day Return Policy. Carvana is revolutionizing the car buying process through technology, transparency and exceptional customer service, while eliminating the pressure, hassles and hidden fees that come with buying from a dealership.
About EY Entrepreneur Of The Year®
EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
About EY's Strategic Growth Markets practice
EY's Strategic Growth Markets (SGM) practice guides leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ey-announces-carvana-ceo-ernie-garcia-as-ey-entrepreneur-of-the-year-2016-consumer-technology-award-winner-in-the-mountain-desert-region-300290361.html