Lion Electric Management
Management criteria checks 3/4
Lion Electric's CEO is Marc Bedard, appointed in Jan 2008, has a tenure of 16.25 years. total yearly compensation is $1.65M, comprised of 29.5% salary and 70.5% bonuses, including company stock and options. directly owns 11.48% of the company’s shares, worth $24.70M. The average tenure of the management team and the board of directors is 2.3 years and 3.4 years respectively.
Key information
Marc Bedard
Chief executive officer
US$1.6m
Total compensation
CEO salary percentage | 29.5% |
CEO tenure | 16.3yrs |
CEO ownership | 11.5% |
Management average tenure | 2.3yrs |
Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Lion Electric: Turning Bearish On Revenue Miss (Rating Downgrade)
Mar 05Lion Electric: Surviving The Electric Vehicle Carnage Will Be Difficult
Dec 06Lion Electric: A Hold Considering Financing And Profitability Factors
Sep 26Lion Electric: High Risk, But Attractive Price Level
Jul 17Lion Electric completes sale-leaseback transaction with BTB for C$28M
Feb 02Lion Electric produces first lithium-ion battery pack at it's facility
Dec 22Lion Electric stock drops 12% aftermarket on launch of marketed public offering
Dec 12Lion Electric secures C$30M credit facility
Nov 09The Lion Electric: New Facilities May Justify Higher Price
Sep 11Lion Electric CEO buys C$249.95K in company shares
Aug 31Lion Electric Q2 2022 Earnings Preview
Aug 04Lion Electric: Could Common Shares See Upside As Electrification Accelerates?
May 04A First Look At The Lion Electric Company
Apr 14Lion Electric Hunts Down The Electric Dream
Sep 28Lion Electric appoints Francois Beaulieu as Chief Information Officer
Jun 07CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$2m | US$486k | -US$104m |
Sep 30 2023 | n/a | n/a | -US$52m |
Jun 30 2023 | n/a | n/a | -US$49m |
Mar 31 2023 | n/a | n/a | US$90k |
Dec 31 2022 | US$1m | US$457k | US$18m |
Sep 30 2022 | n/a | n/a | US$51m |
Jun 30 2022 | n/a | n/a | US$191m |
Mar 31 2022 | n/a | n/a | -US$25m |
Dec 31 2021 | US$587k | US$391k | -US$43m |
Sep 30 2021 | n/a | n/a | -US$123m |
Jun 30 2021 | n/a | n/a | -US$285m |
Mar 31 2021 | n/a | n/a | -US$108m |
Dec 31 2020 | US$220k | US$216k | -US$97m |
Compensation vs Market: Marc's total compensation ($USD1.65M) is about average for companies of similar size in the US market ($USD1.62M).
Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.
CEO
Marc Bedard (59 yo)
16.3yrs
Tenure
US$1,647,705
Compensation
Mr. Marc Bedard is the Founder, Chief Executive Officer and Director of The Lion Electric Co since 2008. Prior to founding Lion, Mr. Bedard served as vice-president and chief financial officer of Les Entre...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 16.3yrs | US$1.65m | 11.48% $ 24.7m | |
President | less than a year | US$1.35m | 0.0043% $ 9.4k | |
Chief Financial Officer | less than a year | US$606.29k | no data | |
Chief Operating Officer | 8yrs | US$566.33k | no data | |
Chief People Officer | 2.7yrs | US$496.41k | 0.000060% $ 129.1 | |
Chief Information Officer | 2.8yrs | no data | no data | |
Vice President of Investor Relations & Sustainable Development | no data | no data | no data | |
Chief Legal Officer & Corporate Secretary | less than a year | no data | no data | |
Vice President of Marketing & Communications | 2.3yrs | no data | no data | |
Vice President of Corporate Development | less than a year | no data | no data | |
Senior Vice President of Manufacturing Engineering & Quality | less than a year | no data | no data | |
Senior Vice President of Commercial Development - USA (Sales) | 3.3yrs | no data | no data |
2.3yrs
Average Tenure
44yo
Average Age
Experienced Management: LEV's management team is considered experienced (2.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder | 16.3yrs | US$1.65m | 11.48% $ 24.7m | |
Chairman of the Board | 6.5yrs | US$181.46k | 0.0035% $ 7.5k | |
Independent Director | 3.6yrs | US$139.88k | 0.0017% $ 3.7k | |
Lead Independent Director | 6.5yrs | US$143.66k | 0.53% $ 1.1m | |
Director | 3.3yrs | US$132.32k | 0.0017% $ 3.7k | |
Independent Director | 2.3yrs | US$132.32k | 0.0017% $ 3.7k | |
Independent Director | 2.7yrs | US$132.32k | 0.0017% $ 3.7k | |
Independent Director | 4.9yrs | US$141.77k | 0.0043% $ 9.4k | |
Independent Director | 3.3yrs | US$132.32k | 0.0017% $ 3.7k | |
Independent Director | 1.7yrs | US$132.32k | 0.0043% $ 9.4k |
3.4yrs
Average Tenure
57yo
Average Age
Experienced Board: LEV's board of directors are considered experienced (3.4 years average tenure).