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 €5.14M. 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 percentage | 29.5% |
| CEO tenure | 16.8yrs |
| CEO ownership | 11.5% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$131m |
| Jun 30 2024 | n/a | n/a | -US$117m |
| Mar 31 2024 | n/a | n/a | -US$110m |
| Dec 31 2023 | US$2m | US$486k | -US$104m |
| Sep 30 2023 | n/a | n/a | -US$52m |
| Jun 30 2023 | n/a | n/a | -US$49m |
| Mar 31 2023 | n/a | n/a | US$90k |
| Dec 31 2022 | US$1m | US$457k | US$18m |
| Sep 30 2022 | n/a | n/a | US$51m |
| Jun 30 2022 | n/a | n/a | US$191m |
| Mar 31 2022 | n/a | n/a | -US$25m |
| Dec 31 2021 | US$587k | US$391k | -US$43m |
| Sep 30 2021 | n/a | n/a | -US$123m |
| Jun 30 2021 | n/a | n/a | -US$285m |
| Mar 31 2021 | n/a | n/a | -US$108m |
| Dec 31 2020 | US$220k | US$216k | -US$97m |
Compensation vs Market: Marc's total compensation ($USD1.65M) is above average for companies of similar size in the German market ($USD471.55K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.8yrs | US$1.65m | 11.5% € 5.1m | |
| President | 1.2yrs | US$1.35m | 0.0043% € 1.9k | |
| Chief Financial Officer | 1.2yrs | US$606.29k | no data | |
| Chief Operating Officer | 8.6yrs | US$566.33k | no data | |
| Chief People Officer | 3.3yrs | US$496.41k | 0.000060% € 26.8 | |
| Chief Legal Officer & Corporate Secretary | 1.4yrs | no data | no data | |
| Vice President of Corporate Development | 1.2yrs | no data | no data | |
| Senior Vice President of Commercial Development - USA (Sales) | 3.8yrs | no data | no data | |
| Senior Vice President of Product Development | 1.2yrs | no data | no data | |
| Chief Executive Officer of Autobus Galland | no data | no data | no data | |
| Senior VP of Finance & Treasurer | 1.2yrs | no data | no data |
1.3yrs
Average Tenure
45yo
Average Age
Experienced Management: 70U's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 16.8yrs | US$1.65m | 11.5% € 5.1m | |
| Chairman of the Board | 7.1yrs | US$181.46k | 0.0035% € 1.6k | |
| Independent Director | 4.2yrs | US$139.88k | 0.0017% € 777.9 | |
| Lead Independent Director | 7.1yrs | US$143.66k | 0.53% € 234.8k | |
| Director | 3.8yrs | US$132.32k | 0.0017% € 777.9 | |
| Independent Director | 2.8yrs | US$132.32k | 0.0017% € 777.9 | |
| Independent Director | 3.3yrs | US$132.32k | 0.0017% € 777.9 | |
| Independent Director | 5.5yrs | US$141.77k | 0.0043% € 1.9k | |
| Independent Director | 3.8yrs | US$132.32k | 0.0017% € 777.9 | |
| Independent Director | 2.3yrs | US$132.32k | 0.0043% € 1.9k |
4.0yrs
Average Tenure
58yo
Average Age
Experienced Board: 70U's board of directors are considered experienced (4 years average tenure).