Workhorse Group Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Rick Dauch (61 yo)
1.42yrs
Tenure
US$12,581,801
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,...
CEO Compensation Analysis
Date | Total Comp. | Salary | Company Earnings |
---|---|---|---|
Sep 30 2022 | n/a | n/a | -US$235m |
Jun 30 2022 | n/a | n/a | -US$280m |
Mar 31 2022 | n/a | n/a | -US$303m |
Dec 31 2021 | US$13m | US$442k | -US$401m |
Compensation vs Market: Rick's total compensation ($USD12.58M) is above average for companies of similar size in the US market ($USD2.49M).
Compensation vs Earnings: Insufficient data to compare Rick's compensation with company performance.
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.42yrs | US$12.58m | 1.15% $ 4.2m | |
Chief Accounting Officer | 4yrs | US$694.39k | 0.11% $ 393.5k | |
Chief Technology Officer | 1.33yrs | US$1.02m | 0.10% $ 365.9k | |
Chief Administrative Officer | 1.42yrs | US$1.97m | 0.15% $ 564.0k | |
Consultant | 1.42yrs | US$1.39m | no data | |
President of Aerospace | 1.75yrs | US$982.19k | 0.082% $ 301.6k | |
Chief Financial Officer | 1yr | no data | 0.14% $ 510.4k | |
Chief Information Officer | 0.083yr | no data | no data | |
Vice President of Corporate Development & Communications | 1.17yrs | no data | 0.11% $ 413.2k | |
Vice President of Sales & Marketing | 0.083yr | no data | no data | |
Chief Human Resources Officer | 0.92yr | no data | 0.070% $ 255.7k | |
President of Commercial Vehicles | 1.75yrs | no data | 0.089% $ 326.7k |
1.4yrs
Average Tenure
58yo
Average Age
Experienced Management: WKHS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.42yrs | US$12.58m | 1.15% $ 4.2m | |
Independent Director | 2.67yrs | US$119.17k | 0.061% $ 225.1k | |
Independent Director | 0.92yr | no data | 0.020% $ 73.6k | |
Independent Director | 6.33yrs | US$119.17k | 0.020% $ 73.6k | |
Independent Director | 7.08yrs | US$119.17k | 0.67% $ 2.4m | |
Independent Director | 7.08yrs | US$119.17k | 0.15% $ 559.8k | |
Independent Director | 4.33yrs | US$119.17k | 0.056% $ 204.1k | |
Independent Chairman | 9.25yrs | US$167.92k | 0.11% $ 415.4k | |
Independent Director | 2.67yrs | US$119.17k | 0.033% $ 119.3k | |
Director | 0.67yr | no data | 0.015% $ 53.1k |
3.5yrs
Average Tenure
60yo
Average Age
Experienced Board: WKHS's board of directors are considered experienced (3.5 years average tenure).