Mullen Automotive Management
Management criteria checks 0/4
Mullen Automotive's CEO is David Michery, appointed in Jul 2012, has a tenure of 11.83 years. total yearly compensation is $49.63M, comprised of 1.5% salary and 98.5% bonuses, including company stock and options. directly owns 1.68% of the company’s shares, worth $457.72K. The average tenure of the management team and the board of directors is 1.3 years and 2.8 years respectively.
Key information
David Michery
Chief executive officer
US$49.6m
Total compensation
| CEO salary percentage | 1.5% |
| CEO tenure | 11.8yrs |
| CEO ownership | 1.7% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.8yrs |
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 04Mullen Automotive - A Short Squeeze Could Present Short Selling Opportunities
Mar 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$750m |
| 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 ($USD667.96K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Michery (55 yo)
11.8yrs
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 | 11.8yrs | US$49.63m | 1.68% $ 457.7k | |
| Chief Financial Officer | 1.7yrs | US$633.30k | 0.000020% $ 5.5 | |
| Independent Director & Secretary | 2.8yrs | US$113.75k | 0.000060% $ 16.4 | |
| President of Mullen Automotive | 2.5yrs | US$1.50m | 0.00021% $ 57.3 | |
| Chief Accounting Officer | 1.2yrs | no data | no data | |
| Vice President of Business & Legal Affairs | no data | no data | no data | |
| Chief Strategy | less than a year | no data | no data | |
| Vice President of Human Resource | less than a year | no data | no data | |
| Senior Vice President of Global Manufacturing & Strategic Planning | 2.1yrs | no data | no data | |
| President of Commercial Division | 1.3yrs | no data | no data | |
| Chief of Class 3 Commercial Vehicles | 1.3yrs | no data | no data | |
| Senior Vice President of Product Development | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: MULN'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 | 2.8yrs | US$49.63m | 1.68% $ 457.7k | |
| Independent Director & Secretary | 2.8yrs | US$113.75k | 0.000060% $ 16.4 | |
| Independent Director | 2.8yrs | US$164.38k | no data | |
| Independent Director | 2.8yrs | US$135.63k | 0.00012% $ 32.7 | |
| Independent Director | 2.8yrs | US$114.00k | 0.000020% $ 5.5 | |
| Director | 1.8yrs | US$112.50k | 0.00029% $ 79.1 | |
| Independent Director | 1.7yrs | US$125.25k | 0.00035% $ 95.5 |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Board: MULN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.