Volatus Aerospace Corp.

TSXV:VOL Stock Report

Market Cap: CA$16.3m

Volatus Aerospace Management

Management criteria checks 1/4

Volatus Aerospace's CEO is Glen Lynch, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is CA$610.00K, comprised of 57.4% salary and 42.6% bonuses, including company stock and options. directly owns 30.6% of the company’s shares, worth CA$5.00M. The average tenure of the management team and the board of directors is 2.4 years and 2.4 years respectively.

Key information

Glen Lynch

Chief executive officer

CA$610.0k

Total compensation

CEO salary percentage57.4%
CEO tenure2.4yrs
CEO ownership30.6%
Management average tenure2.4yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

Volatus Aerospace Corp.'s (CVE:VOL) Business Is Yet to Catch Up With Its Share Price

Mar 27
Volatus Aerospace Corp.'s (CVE:VOL) Business Is Yet to Catch Up With Its Share Price

Does Volatus Aerospace (CVE:VOL) Have A Healthy Balance Sheet?

Jan 24
Does Volatus Aerospace (CVE:VOL) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Glen Lynch's remuneration changed compared to Volatus Aerospace's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-CA$11m

Jun 30 2023n/an/a

-CA$9m

Mar 31 2023n/an/a

-CA$8m

Dec 31 2022CA$610kCA$350k

-CA$7m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$6m

Mar 31 2022n/an/a

-CA$6m

Dec 31 2021CA$204kCA$204k

-CA$4m

Compensation vs Market: Glen's total compensation ($USD446.01K) is above average for companies of similar size in the Canadian market ($USD174.43K).

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

CEO

Glen Lynch (59 yo)

2.4yrs

Tenure

CA$610,000

Compensation

Mr. Glen Lynch has been President, Chief Executive Officer and Director of Volatus Aerospace Corp (formerly, Partner Jet Corp) since December 22, 2021.

Leadership Team

NamePositionTenureCompensationOwnership
Glen Lynch
President2.4yrsCA$610.00k30.6%
CA$ 5.0m
Abhinav Singhvi
Chief Financial Officer2.4yrsCA$312.38kno data
Robert Walker
Chief Operating Officerno dataCA$220.80kno data
Luc Masse
Executive VP2.4yrsCA$233.48kno data
Danielle Gagne
Head of Marketing & Communicationsno datano datano data

2.4yrs

Average Tenure

61yo

Average Age

Experienced Management: VOL's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Glen Lynch
President2.4yrsCA$610.00k30.6%
CA$ 5.0m
Luc Masse
Executive VPno dataCA$233.48kno data
Samuel Ingram
Director2.4yrsCA$65.00kno data
Gordon Silverman
Director2.4yrsCA$65.00kno data
Ian McDougall
Chairman2.4yrsCA$195.00k31.04%
CA$ 5.1m
Andrew Leslie
Independent Director1.9yrsCA$50.00kno data

2.4yrs

Average Tenure

76yo

Average Age

Experienced Board: VOL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

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