Workhorse Group Inc.

NasdaqCM:WKHS Stock Report

Market Cap: US$25.6m

Workhorse Group Management

Management criteria checks 3/4

Workhorse Group's CEO is Rick Dauch, appointed in Aug 2021, has a tenure of 3.25 years. total yearly compensation is $3.39M, comprised of 28.8% salary and 71.2% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth $150.10K. The average tenure of the management team and the board of directors is 3.2 years and 3.3 years respectively.

Key information

Rick Dauch

Chief executive officer

US$3.4m

Total compensation

CEO salary percentage28.8%
CEO tenure3.3yrs
CEO ownership0.6%
Management average tenure3.2yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

Workhorse Group (NASDAQ:WKHS) Will Have To Spend Its Cash Wisely

May 16
Workhorse Group (NASDAQ:WKHS) Will Have To Spend Its Cash Wisely

Workhorse: Real Company Priced For Disaster

Oct 14

We're Keeping An Eye On Workhorse Group's (NASDAQ:WKHS) Cash Burn Rate

Sep 23
We're Keeping An Eye On Workhorse Group's (NASDAQ:WKHS) Cash Burn Rate

Workhorse: Resolving Concerns And Gearing Up For Production

Aug 04

If Workhorse Fails, It Fails

Jul 06

Workhorse Group, Inc: Bleeding Cash Puts 2022 Business Plan In Limbo

Apr 18

Workhorse Stock Forecast: What To Watch For In 2022

Jan 20

Workhorse: When It Rains, It Pours

Dec 03

Where Will Workhorse Stock Be In 5 Years? At This Rate, Gone

Oct 01

Workhorse Stock Forecast For 2025: Risks And Opportunities To Consider

Sep 20

We Think Shareholders Should Be Aware Of Some Factors Beyond Workhorse Group's (NASDAQ:WKHS) Profit

Aug 17
We Think Shareholders Should Be Aware Of Some Factors Beyond Workhorse Group's (NASDAQ:WKHS) Profit

Workhorse Group - Flawed Vehicle Design Likely To Cause Debt Issues Early Next Year

Aug 12

CEO Compensation Analysis

How has Rick Dauch's remuneration changed compared to Workhorse Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$126m

Jun 30 2024n/an/a

-US$131m

Mar 31 2024n/an/a

-US$128m

Dec 31 2023US$3mUS$975k

-US$124m

Sep 30 2023n/an/a

-US$117m

Jun 30 2023n/an/a

-US$122m

Mar 31 2023n/an/a

-US$120m

Dec 31 2022US$8mUS$1m

-US$117m

Sep 30 2022n/an/a

-US$235m

Jun 30 2022n/an/a

-US$280m

Mar 31 2022n/an/a

-US$303m

Dec 31 2021US$17mUS$442k

-US$401m

Compensation vs Market: Rick's total compensation ($USD3.39M) is above average for companies of similar size in the US market ($USD653.78K).

Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.

CEO

Rick Dauch (63 yo)

3.3yrs

Tenure

US$3,388,174

Compensation

Mr. Richard F. Dauch, also known as Rick, has been Independent Director at DHC Acquisition Corp. since March 2021. He serves as Chief Executive Officer and Director of Workhorse Group Inc. since August 2,...

Leadership Team

NamePositionTenureCompensationOwnership
Richard Dauch
President3.3yrsUS$3.39m0.59%
$ 150.1k
Robert Ginnan
Chief Financial Officer2.8yrsUS$906.79k0.069%
$ 17.8k
James Harrington
Chief Compliance Officer3.3yrsUS$970.26k0.071%
$ 18.1k
Joshua Anderson
Chief Technology Officer3.2yrsUS$1.02m0.046%
$ 11.8k
Jeff Mowry
Chief Information Officer1.9yrsno datano data
Stan March
Vice President of Corporate Development & Communications3yrsno data0.053%
$ 13.6k
Ryan Gaul
President of Commercial Vehicles3.6yrsno data0.051%
$ 13.1k
James Peters
Vice President of Supply Chain Management3.2yrsno data0.026%
$ 6.7k
Stephen Burns
Co-Founder & Consultantno dataUS$390.00kno data

3.2yrs

Average Tenure

63yo

Average Age

Experienced Management: WKHS's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard Dauch
President3.3yrsUS$3.39m0.59%
$ 150.1k
Jacqueline Dedo
Independent Director4.5yrsUS$175.00k0.031%
$ 7.9k
William Quigley
Independent Director2.8yrsUS$175.00k0.017%
$ 4.3k
Jean Botti
Independent Director1.5yrsUS$150.00k0.023%
$ 5.9k
Raymond Chess
Independent Chairman11.1yrsUS$225.00k0.051%
$ 13.0k
Pamela Mader
Independent Director4.5yrsUS$175.00k0.021%
$ 5.4k
Austin Miller
Independent Director2.5yrsUS$175.00k0.015%
$ 3.8k

3.3yrs

Average Tenure

63yo

Average Age

Experienced Board: WKHS's board of directors are considered experienced (3.3 years average tenure).