Vicinity Motor Corp.

TSXV:VMC Stock Report

Market Cap: CA$3.5m

Vicinity Motor Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

William Trainer

Chief executive officer

US$436.7k

Total compensation

CEO salary percentage80.8%
CEO tenure16.8yrs
CEO ownership3.2%
Management average tenure5.2yrs
Board average tenureno data

Recent management updates

Recent updates

Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)

Jul 16
Many Still Looking Away From Vicinity Motor Corp. (CVE:VMC)

Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share Price

Apr 02
Why We're Not Concerned About Vicinity Motor Corp.'s (CVE:VMC) Share Price

Is Vicinity Motor (CVE:VMC) Using Too Much Debt?

Jul 21
Is Vicinity Motor (CVE:VMC) Using Too Much Debt?

Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?

May 24
Is Vicinity Motor (CVE:VMC) Using Debt In A Risky Way?

Is Vicinity Motor (CVE:VMC) A Risky Investment?

Aug 10
Is Vicinity Motor (CVE:VMC) A Risky Investment?

Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of Debt

Apr 14
Vicinity Motor (CVE:VMC) Is Carrying A Fair Bit Of Debt

The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are Delighted

Jan 27
The Grande West Transportation Group (CVE:BUS) Share Price Is Up 818% And Shareholders Are Delighted

CEO Compensation Analysis

How has William Trainer's remuneration changed compared to Vicinity Motor's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-US$18m

Dec 31 2023US$437kUS$353k

-US$17m

Sep 30 2023n/an/a

-US$11m

Jun 30 2023n/an/a

-US$14m

Mar 31 2023n/an/a

-US$17m

Dec 31 2022US$355kUS$345k

-US$18m

Sep 30 2022n/an/a

-US$19m

Jun 30 2022n/an/a

-US$15m

Mar 31 2022n/an/a

-US$12m

Dec 31 2021US$1mUS$342k

-US$7m

Sep 30 2021n/an/a

-US$3m

Jun 30 2021n/an/a

US$59k

Mar 31 2021n/an/a

-US$260k

Dec 31 2020US$322kUS$322k

-US$3m

Sep 30 2020n/an/a

-US$4m

Jun 30 2020n/an/a

-US$5m

Mar 31 2020n/an/a

-US$4m

Dec 31 2019US$415kUS$225k

-US$4m

Sep 30 2019n/an/a

-US$3m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$113k

Dec 31 2018US$176kUS$176k

US$695k

Sep 30 2018n/an/a

US$1m

Jun 30 2018n/an/a

US$2m

Mar 31 2018n/an/a

US$844k

Dec 31 2017US$191kUS$191k

-US$331k

Compensation vs Market: William's total compensation ($USD436.69K) is above average for companies of similar size in the Canadian market ($USD169.25K).

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

CEO

William Trainer (65 yo)

16.8yrs

Tenure

US$436,694

Compensation

Mr. William R. Trainer serves as Chief Executive Officer of Vicinity Motor Corp. (formerly known as Grande West Transportation Group Inc) since August 26, 2019 and had been its Director since December 4, 2...

Leadership Team

NamePositionTenureCompensationOwnership
William Trainer
Founder & CEO16.8yrsUS$436.69k3.2%
CA$ 112.9k
John LaGourgue
VP of Corporate Development7.8yrsUS$268.31k0%
CA$ 0
Brent Phillips
Presidentless than a yearno datano data
Dan Courtney
Director of Investor Relations8.8yrsno datano data
Jeff Madura
Senior Director of Salesless than a yearno datano data
Yue Wang
Chief Engineerno dataUS$244.84kno data
Keith Parker
Consultant5.2yrsUS$10.22kno data
Marion McGrath
Corporate Secretary4.6yrsno datano data

5.2yrs

Average Tenure

62yo

Average Age

Experienced Management: VMC's management team is seasoned and experienced (5.2 years average tenure).