Loop Industries Management
Management criteria checks 2/4
Loop Industries' CEO is Daniel Solomita, appointed in Jun 2015, has a tenure of 8.92 years. total yearly compensation is $582.46K, comprised of 78.4% salary and 21.6% bonuses, including company stock and options. directly owns 32% of the company’s shares, worth €39.97M. The average tenure of the management team and the board of directors is 1.1 years and 5.5 years respectively.
Key information
Daniel Solomita
Chief executive officer
US$582.5k
Total compensation
| CEO salary percentage | 78.4% |
| CEO tenure | 8.9yrs |
| CEO ownership | 32.0% |
| Management average tenure | 1.1yrs |
| Board average tenure | 5.5yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2023 | n/a | n/a | -US$11m |
| Aug 31 2023 | n/a | n/a | -US$7m |
| May 31 2023 | n/a | n/a | -US$10m |
| Feb 28 2023 | US$582k | US$456k | -US$21m |
| Nov 30 2022 | n/a | n/a | -US$41m |
| Aug 31 2022 | n/a | n/a | -US$50m |
| May 31 2022 | n/a | n/a | -US$51m |
| Feb 28 2022 | US$777k | US$478k | -US$45m |
| Nov 30 2021 | n/a | n/a | -US$44m |
| Aug 31 2021 | n/a | n/a | -US$48m |
| May 31 2021 | n/a | n/a | -US$45m |
| Feb 28 2021 | US$630k | US$449k | -US$36m |
| Nov 30 2020 | n/a | n/a | -US$27m |
| Aug 31 2020 | n/a | n/a | -US$17m |
| May 31 2020 | n/a | n/a | -US$15m |
| Feb 29 2020 | US$4m | US$452k | -US$15m |
| Nov 30 2019 | n/a | n/a | -US$18m |
| Aug 31 2019 | n/a | n/a | -US$17m |
| May 31 2019 | n/a | n/a | -US$18m |
| Feb 28 2019 | US$813k | US$458k | -US$18m |
| Nov 30 2018 | n/a | n/a | -US$14m |
| Aug 31 2018 | n/a | n/a | -US$17m |
| May 31 2018 | n/a | n/a | -US$16m |
| Feb 28 2018 | US$203k | US$190k | -US$14m |
Compensation vs Market: Daniel's total compensation ($USD582.46K) is above average for companies of similar size in the German market ($USD382.82K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
CEO
Daniel Solomita (47 yo)
8.9yrs
Tenure
US$582,457
Compensation
Mr. Daniel Solomita is Founder and President of Loop Industries, Inc. and has been its Chief Executive Officer and Director since June 29, 2015. Mr. Solomita has been the Chairman and President of Loop Ind...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.9yrs | US$582.46k | 32% $ 40.0m | |
| Chief Technology Officer | 4.2yrs | US$235.92k | 0.012% $ 15.2k | |
| CFO, Principal Accounting Officer & Principal Financial Officer | 1.1yrs | no data | no data | |
| Vice President of Communications & Investor Relations | no data | no data | no data | |
| Vice President of Sales & Business Development | less than a year | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Vice President of Marketing & Communications | less than a year | no data | no data |
1.1yrs
Average Tenure
51yo
Average Age
Experienced Management: 3L9's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.9yrs | US$582.46k | 32% $ 40.0m | |
| Lead Independent Director | 6.1yrs | US$152.58k | 0.22% $ 270.6k | |
| Independent Director | 3.1yrs | US$102.58k | 0.058% $ 71.9k | |
| Independent Director | 4.9yrs | US$102.58k | 0.11% $ 138.4k | |
| Independent Director | 7.5yrs | US$87.58k | 0.16% $ 199.3k | |
| Independent Director | 2.8yrs | no data | no data |
5.5yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 3L9's board of directors are considered experienced (5.5 years average tenure).