Mullen Automotive Management
Management criteria checks 2/4
Mullen Automotive's CEO is David Michery, appointed in Jul 2012, has a tenure of 12.33 years. total yearly compensation is $49.63M, comprised of 1.5% salary and 98.5% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth $2.12K. The average tenure of the management team and the board of directors is 2 years and 3.3 years respectively.
Key information
David Michery
Chief executive officer
US$49.6m
Total compensation
| CEO salary percentage | 1.5% |
| CEO tenure | 12.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Bollinger Motors, Wabash partner to develop all-electric refrigerated delivery truck
Sep 21Mullen shares specifics on FIVE RS EV sport crossover
Sep 15Mullen, Watergen partner to launch in-vehicle air-to-water tech for EVs
Sep 01Mullen's first EV crossover demo vehicles will arrive in October 2022
Aug 22Mullen: Well Positioned For The Solid-State Battery Race
Aug 09Mullen opens new automotive development center in Irvine
Aug 01Mullen: A Force In The Making
Jul 21Mullen Automotive signs agreement with Amazon's delivery partner for EV cargo vans
Jul 11Mullen to report strongest balance sheet in company’s history, says CEO David Michery
Jun 30Mullen: Too Many Positive Catalysts Ahead
Jun 14Mullen Automotive Stock: What Is The Outlook For The Rest Of 2022?
May 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$462m |
| Mar 31 2024 | n/a | n/a | -US$675m |
| Dec 31 2023 | n/a | n/a | -US$649m |
| Sep 30 2023 | US$50m | US$750k | -US$965m |
| Jun 30 2023 | n/a | n/a | -US$1b |
| Mar 31 2023 | n/a | n/a | -US$748m |
| Dec 31 2022 | n/a | n/a | -US$1b |
| Sep 30 2022 | US$12m | US$721k | -US$780m |
| Jun 30 2022 | n/a | n/a | -US$538m |
| Mar 31 2022 | n/a | n/a | -US$546m |
| Dec 31 2021 | n/a | n/a | -US$195m |
| Sep 30 2021 | US$2m | US$409k | -US$44m |
| Jun 30 2021 | n/a | n/a | -US$38m |
| Mar 31 2021 | n/a | n/a | -US$30m |
| Dec 31 2020 | n/a | n/a | -US$28m |
| Sep 30 2020 | US$33m | US$263k | -US$30m |
Compensation vs Market: David's total compensation ($USD49.63M) is above average for companies of similar size in the US market ($USD655.65K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Michery (56 yo)
12.3yrs
Tenure
US$49,629,463
Compensation
Mr. David Michery is a Founder of New Generation Consumer Group, Inc. (formerly known as United Music & Media Group, Inc.) and serves as its Executive Chairman and President of New Generation Consumer Grou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.3yrs | US$49.63m | 0.051% $ 2.1k | |
| Chief Financial Officer | 2.2yrs | US$633.30k | 0.000050% $ 2.1 | |
| President of Automotive Division | no data | US$1.50m | 0.000050% $ 2.1 | |
| Secretary & Independent Director | 3.3yrs | US$113.75k | 0.0065% $ 268.2 | |
| Chief Accounting Officer | 1.7yrs | no data | no data | |
| Vice President of Business & Legal Affairs | no data | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Vice President of Human Resources | less than a year | no data | no data | |
| President & SVP of Global Manufacturing | 2.6yrs | no data | no data | |
| President of Commercial Division | 1.8yrs | no data | no data | |
| Chief Strategy Officer | 1.1yrs | no data | no data |
2.0yrs
Average Tenure
56yo
Average Age
Experienced Management: MULN's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 3.3yrs | US$49.63m | 0.051% $ 2.1k | |
| Secretary & Independent Director | 3.3yrs | US$113.75k | 0.0065% $ 268.2 | |
| Independent Director | 3.3yrs | US$164.38k | 0.0078% $ 322.1 | |
| Independent Director | 3.3yrs | US$135.63k | 0.0065% $ 268.2 | |
| Director | 3.3yrs | US$114.00k | 0.0062% $ 256.6 | |
| Director | 2.3yrs | US$112.50k | 0.0065% $ 268.2 | |
| Director | 2.2yrs | US$125.25k | 0.0076% $ 312.6 |
3.3yrs
Average Tenure
61yo
Average Age
Experienced Board: MULN's board of directors are considered experienced (3.3 years average tenure).