The Lion Electric Company

TSX:LEV Stock Report

Market Cap: CA$66.7m

Lion Electric Management

Management criteria checks 1/4

Lion Electric's CEO is Marc Bedard, appointed in Jan 2008, has a tenure of 16.83 years. total yearly compensation is $1.65M, comprised of 29.5% salary and 70.5% bonuses, including company stock and options. directly owns 11.5% of the company’s shares, worth CA$7.68M. The average tenure of the management team and the board of directors is 1.3 years and 4 years respectively.

Key information

Marc Bedard

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage29.5%
CEO tenure16.8yrs
CEO ownership11.5%
Management average tenure1.3yrs
Board average tenure4yrs

Recent management updates

Recent updates

Analysts Just Shaved Their The Lion Electric Company (TSE:LEV) Forecasts Dramatically

Nov 12
Analysts Just Shaved Their The Lion Electric Company (TSE:LEV) Forecasts Dramatically

Take Care Before Jumping Onto The Lion Electric Company (TSE:LEV) Even Though It's 36% Cheaper

Nov 08
Take Care Before Jumping Onto The Lion Electric Company (TSE:LEV) Even Though It's 36% Cheaper

The Lion Electric Company (TSE:LEV) Analysts Just Trimmed Their Revenue Forecasts By 42%

Aug 04
The Lion Electric Company (TSE:LEV) Analysts Just Trimmed Their Revenue Forecasts By 42%

The Lion Electric Company (TSE:LEV) Could Be Riskier Than It Looks

Aug 01
The Lion Electric Company (TSE:LEV) Could Be Riskier Than It Looks

Downgrade: Here's How Analysts See The Lion Electric Company (TSE:LEV) Performing In The Near Term

Mar 05
Downgrade: Here's How Analysts See The Lion Electric Company (TSE:LEV) Performing In The Near Term

It's A Story Of Risk Vs Reward With The Lion Electric Company (TSE:LEV)

Mar 01
It's A Story Of Risk Vs Reward With The Lion Electric Company (TSE:LEV)

Lion Electric (TSE:LEV) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 17
Lion Electric (TSE:LEV) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

The Lion Electric Company (TSE:LEV) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Feb 27
The Lion Electric Company (TSE:LEV) Analysts Are Cutting Their Estimates: Here's What You Need To Know

CEO Compensation Analysis

How has Marc Bedard's remuneration changed compared to Lion Electric's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$131m

Jun 30 2024n/an/a

-US$117m

Mar 31 2024n/an/a

-US$110m

Dec 31 2023US$2mUS$486k

-US$104m

Sep 30 2023n/an/a

-US$52m

Jun 30 2023n/an/a

-US$49m

Mar 31 2023n/an/a

US$90k

Dec 31 2022US$1mUS$457k

US$18m

Sep 30 2022n/an/a

US$51m

Jun 30 2022n/an/a

US$191m

Mar 31 2022n/an/a

-US$25m

Dec 31 2021US$587kUS$391k

-US$43m

Sep 30 2021n/an/a

-US$123m

Jun 30 2021n/an/a

-US$285m

Mar 31 2021n/an/a

-US$108m

Dec 31 2020US$220kUS$216k

-US$97m

Compensation vs Market: Marc's total compensation ($USD1.65M) is above average for companies of similar size in the Canadian market ($USD167.77K).

Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.


CEO

Marc Bedard (60 yo)

16.8yrs

Tenure

US$1,647,705

Compensation

Mr. Marc Bedard is the Founder, Chief Executive Officer and Director of The Lion Electric Co since 2008. Prior to founding Lion, Mr. Bedard served as vice-president and chief financial officer of Les Entre...


Leadership Team

NamePositionTenureCompensationOwnership
Marc Bedard
Founder16.8yrsUS$1.65m11.5%
CA$ 7.7m
Nicolas Brunet
President1.2yrsUS$1.35m0.0043%
CA$ 2.9k
Richard Coulombe
Chief Financial Officer1.2yrsUS$606.29kno data
Yannick Poulin
Chief Operating Officer8.6yrsUS$566.33kno data
Nathalie Giroux
Chief People Officer3.3yrsUS$496.41k0.000060%
CA$ 40.0
Dominique Perron
Chief Legal Officer & Corporate Secretary1.4yrsno datano data
Maxime Gauvin
Vice President of Corporate Development1.2yrsno datano data
Nate Baguio
Senior Vice President of Commercial Development - USA (Sales)3.8yrsno datano data
David Sicotte
Senior Vice President of Product Development1.2yrsno datano data
Michel Galland
Chief Executive Officer of Autobus Gallandno datano datano data
Vince Spadafora
Senior VP of Finance & Treasurer1.2yrsno datano data

1.3yrs

Average Tenure

45yo

Average Age

Experienced Management: LEV's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Marc Bedard
Founder16.8yrsUS$1.65m11.5%
CA$ 7.7m
Pierre Larochelle
Chairman of the Board7.1yrsUS$181.46k0.0035%
CA$ 2.3k
Sheila Colleen Bair
Independent Director4.2yrsUS$139.88k0.0017%
CA$ 1.2k
Michel Ringuet
Lead Independent Director7.1yrsUS$143.66k0.53%
CA$ 350.5k
Pierre-Olivier Perras
Director3.8yrsUS$132.32k0.0017%
CA$ 1.2k
Latasha Akoma
Independent Director2.8yrsUS$132.32k0.0017%
CA$ 1.2k
Lorenzo Roccia
Independent Director3.3yrsUS$132.32k0.0017%
CA$ 1.2k
Pierre Wilkie
Independent Director5.5yrsUS$141.77k0.0043%
CA$ 2.9k
Ann Payne
Independent Director3.8yrsUS$132.32k0.0017%
CA$ 1.2k
Dane Parker
Independent Director2.3yrsUS$132.32k0.0043%
CA$ 2.9k

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: LEV's board of directors are considered experienced (4 years average tenure).