PowerBank Management
Management criteria checks 2/4
PowerBank's CEO is Richard Lu, appointed in Aug 2014, has a tenure of 11.75 years. total yearly compensation is CA$681.74K, comprised of 78.5% salary and 21.5% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth CA$807.45K. The average tenure of the management team and the board of directors is 4.3 years and 3.5 years respectively.
Key information
Richard Lu
Chief executive officer
CA$681.7k
Total compensation
| CEO salary percentage | 78.47% |
| CEO tenure | 11.8yrs |
| CEO ownership | 1.8% |
| Management average tenure | 4.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | -CA$10m |
| Sep 30 2025 | n/a | n/a | -CA$4m |
| Jun 30 2025 | CA$682k | CA$535k | -CA$31m |
| Mar 31 2025 | n/a | n/a | -CA$42m |
| Dec 31 2024 | n/a | n/a | -CA$33m |
| Sep 30 2024 | n/a | n/a | -CA$32m |
| Jun 30 2024 | CA$414k | CA$414k | -CA$3m |
| Mar 31 2024 | n/a | n/a | CA$4m |
| Dec 31 2023 | n/a | n/a | CA$4m |
| Sep 30 2023 | n/a | n/a | CA$4m |
| Jun 30 2023 | CA$971k | CA$414k | CA$2m |
| Mar 31 2023 | n/a | n/a | CA$3m |
| Dec 31 2022 | n/a | n/a | -CA$98k |
| Sep 30 2022 | n/a | n/a | CA$126k |
| Jun 30 2022 | CA$570k | CA$470k | -CA$188k |
| Jun 30 2021 | CA$447k | CA$447k | -CA$132k |
Compensation vs Market: Richard's total compensation ($USD499.30K) is above average for companies of similar size in the Canadian market ($USD151.38K).
Compensation vs Earnings: Richard's compensation has increased whilst the company is unprofitable.
CEO
Richard Lu (61 yo)
Dr. Richard Lu, MD, MSc., MHSc., MBA serves as Independent Director of Cleantech Power Corp. (formerly known as Alkaline Fuel Cell Power Corp.) since March 4, 2022. He has served as Corporate Secretary of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair | 1.8yrs | CA$423.12k | 0.29% CA$ 126.4k | |
| CEO, Corporate Secretary & Director | 11.8yrs | CA$681.74k | 1.83% CA$ 807.4k | |
| President & COO | 4.8yrs | CA$350.00k | 0.24% CA$ 106.8k | |
| Chief Financial Officer | 3.8yrs | CA$270.00k | 0.18% CA$ 81.7k | |
| General Counsel | no data | no data | 0.39% CA$ 172.1k |
Experienced Management: SUNN's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chair | 1.8yrs | CA$423.12k | 0.29% CA$ 126.4k | |
| CEO, Corporate Secretary & Director | 11.8yrs | CA$681.74k | 1.83% CA$ 807.4k | |
| Independent Director | 3.5yrs | CA$94.50k | no data | |
| Independent Director | 3.5yrs | CA$94.90k | 0.11% CA$ 50.3k | |
| Independent Director | 2.3yrs | CA$94.90k | no data |
Experienced Board: SUNN's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 02:31 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PowerBank Corporation is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Sekelsky | Alliance Global Partners |
| Dmitriy Pozdnyakov | Freedom Broker |
| Amit Dayal | H.C. Wainwright & Co. |