Volatus Aerospace Management
Management criteria checks 3/4
Volatus Aerospace's CEO is Glen Lynch, appointed in Dec 2021, has a tenure of 2.92 years. total yearly compensation is CA$350.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 14.66% of the company’s shares, worth €5.71M. The average tenure of the management team and the board of directors is 2.9 years and 2.9 years respectively.
Key information
Glen Lynch
Chief executive officer
CA$350.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.9yrs |
| CEO ownership | 14.7% |
| Management average tenure | 2.9yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -CA$9m |
| Mar 31 2024 | n/a | n/a | -CA$10m |
| Dec 31 2023 | CA$350k | CA$350k | -CA$9m |
| Sep 30 2023 | n/a | n/a | -CA$8m |
| Jun 30 2023 | n/a | n/a | -CA$8m |
| Mar 31 2023 | n/a | n/a | -CA$5m |
| Dec 31 2022 | CA$610k | CA$350k | -CA$5m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$6m |
| Mar 31 2022 | n/a | n/a | -CA$6m |
| Dec 31 2021 | CA$204k | CA$204k | -CA$4m |
Compensation vs Market: Glen's total compensation ($USD248.82K) is below average for companies of similar size in the German market ($USD472.15K).
Compensation vs Earnings: Glen's compensation has been consistent with company performance over the past year.
CEO
Glen Lynch (60 yo)
2.9yrs
Tenure
CA$350,000
Compensation
Mr. Glen Lynch is CEO & Director of Drone Delivery Canada Corp. from September 2024. He has been President, Chief Executive Officer and Director of Volatus Aerospace Corp (formerly, Partner Jet Corp) since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | CA$350.00k | 14.66% € 5.7m | |
| Chief Financial Officer | 2.9yrs | CA$190.00k | 0% € 0 | |
| Chief Commercial Officer | no data | CA$165.00k | 0% € 0 | |
| Executive VP & Secretary | 2.9yrs | CA$180.00k | 0% € 0 | |
| Chief Operating Officer | no data | no data | no data | |
| Head of Marketing & Communications | no data | no data | no data |
2.9yrs
Average Tenure
62yo
Average Age
Experienced Management: ABB's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.9yrs | CA$350.00k | 14.66% € 5.7m | |
| Independent Director | 2.9yrs | no data | 0% € 0 | |
| Independent Director | 2.9yrs | no data | no data | |
| Independent Chairman | 2.9yrs | no data | 0% € 0 | |
| Independent Director | 2.4yrs | CA$96.00k | no data | |
| Director | no data | no data | no data |
2.9yrs
Average Tenure
78yo
Average Age
Experienced Board: ABB's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.