Mark Travis Carshield Net Worth, Bio, Company (Updated)

Who is Mark Travis Carshield?

Mark Travis founded CarShield in Saint Peters, Missouri. He founded the company in 2005. They provide car warranties, usually following the manufacturer’s warranty. The company is run by Mark Travis, who is the company’s CEO and president.

In the US, CarShield is the largest vehicle service contract provider. More than 1.5 million CarShield contracts have been sold, saving car owners on covered repair costs since 2005. CarShield has its corporate headquarters in St. Peters, Missouri.

Who Owns Carshield? Mark Travis
Date of birthMay 16, 1949
Age73 years old (as of 2022)
BirthplaceGeorgia (U.S. state)
Mark Travis ProfessionCEO of Carshield Company
Twitter Account@CarShield
Instagram Account@carshield
LinkedIn Profile Mark Travis
Company Size201-500 employees
HeadquartersSt Louis, MO USA
TypePrivately Held
Mark Travis Carshield Net Worth$150million to over $200million (Last Updated 2022).

Mark Travis Carshield Net Worth and Income

The net worth of Mark Travis is unknown, but the company he runs, Carshield, has a net revenue of $150million to over $200million. Mark Travis surely gets a large share of the revenue of the company as its owner and CEO. 

About Carshield 

As an extended auto repair service contract provider, CarShield focused its marketing efforts on attracting customers and its revenue totaled $146 million in 2016, an increase of about 9% from 2015.

This St. Peters-based company increased its television exposure and hired Hall of Famer Mike Ditka as a spokesperson. Additionally, the company acquired the naming rights to the T.R Hughes Ballpark in St. Charles County, the baseball stadium for the River City Rascals. That stadium is now known as CarShield Field.

“We really opened up our marketing channels and now we have a great marketing mix,” Mark Travis, the company’s co-founder and leader, shared his thoughts.

The company’s service plans fill coverage gaps left by extended warranties or pick up where they left off. CarShield covers a customer’s car’s mechanical parts, unlike insurance, which usually covers only collision or accident damage to vehicles.

Since its founding in the early 2000s, the company has paid out over $1 billion in claims, and over 500,000 vehicles have been insured.

Owners of the company are Nick Hamilton, Mark Travis, and Rick Brettelle. There are 350 employees at CarShield and the employees of CarShield generate an estimated $330,000 per annum.

Mark Travis CEO Rating

Mark Travis, CEO of CarShield, received three employee ratings and scored 77/100, putting the company in the Top 30% of companies of similar size. CarShield’s CEO score reflects how employees perceive the CEO’s effectiveness as a leader.

Mark Travis ranks ahead of AT&T’s chief executive, John T. Stankey, according to three ratings. As a whole, CEO scores over the past 90 days have remained stable.

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