The Lion Electric Company

NYSE:LEV Stock Report

Market Cap: US$51.8m

Lion Electric Management

Management criteria checks 1/4

Lion Electric's CEO is Marc Bedard, appointed in Jan 2008, has a tenure of 16.83 years. total yearly compensation is $1.65M, comprised of 29.5% salary and 70.5% bonuses, including company stock and options. directly owns 11.5% of the company’s shares, worth $5.95M. The average tenure of the management team and the board of directors is 1.3 years and 4 years respectively.

Key information

Marc Bedard

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage29.5%
CEO tenure16.8yrs
CEO ownership11.5%
Management average tenure1.3yrs
Board average tenure4yrs

Recent management updates

Recent updates

Lion Electric: Turning Bearish On Revenue Miss (Rating Downgrade)

Mar 05

Lion Electric: Surviving The Electric Vehicle Carnage Will Be Difficult

Dec 06

Lion Electric: A Hold Considering Financing And Profitability Factors

Sep 26

Lion Electric: High Risk, But Attractive Price Level

Jul 17

Lion Electric completes sale-leaseback transaction with BTB for C$28M

Feb 02

Lion Electric produces first lithium-ion battery pack at it's facility

Dec 22

Lion Electric stock drops 12% aftermarket on launch of marketed public offering

Dec 12

Lion Electric secures C$30M credit facility

Nov 09

The Lion Electric: New Facilities May Justify Higher Price

Sep 11

Lion Electric CEO buys C$249.95K in company shares

Aug 31

Lion Electric Q2 2022 Earnings Preview

Aug 04

Lion Electric: Could Common Shares See Upside As Electrification Accelerates?

May 04

A First Look At The Lion Electric Company

Apr 14

CEO Compensation Analysis

How has Marc Bedard's remuneration changed compared to Lion Electric's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$131m

Jun 30 2024n/an/a

-US$117m

Mar 31 2024n/an/a

-US$110m

Dec 31 2023US$2mUS$486k

-US$104m

Sep 30 2023n/an/a

-US$52m

Jun 30 2023n/an/a

-US$49m

Mar 31 2023n/an/a

US$90k

Dec 31 2022US$1mUS$457k

US$18m

Sep 30 2022n/an/a

US$51m

Jun 30 2022n/an/a

US$191m

Mar 31 2022n/an/a

-US$25m

Dec 31 2021US$587kUS$391k

-US$43m

Sep 30 2021n/an/a

-US$123m

Jun 30 2021n/an/a

-US$285m

Mar 31 2021n/an/a

-US$108m

Dec 31 2020US$220kUS$216k

-US$97m

Compensation vs Market: Marc's total compensation ($USD1.65M) is above average for companies of similar size in the US market ($USD652.28K).

Compensation vs Earnings: Marc's compensation has increased whilst the company is unprofitable.


CEO

Marc Bedard (60 yo)

16.8yrs

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

NamePositionTenureCompensationOwnership
Marc Bedard
Founder16.8yrsUS$1.65m11.5%
$ 6.0m
Nicolas Brunet
President1.2yrsUS$1.35m0.0043%
$ 2.3k
Richard Coulombe
Chief Financial Officer1.2yrsUS$606.29kno data
Yannick Poulin
Chief Operating Officer8.6yrsUS$566.33kno data
Nathalie Giroux
Chief People Officer3.3yrsUS$496.41k0.000060%
$ 31.1
Dominique Perron
Chief Legal Officer & Corporate Secretary1.4yrsno datano data
Maxime Gauvin
Vice President of Corporate Development1.2yrsno datano data
Nate Baguio
Senior Vice President of Commercial Development - USA (Sales)3.8yrsno datano data
David Sicotte
Senior Vice President of Product Development1.2yrsno datano data
Michel Galland
Chief Executive Officer of Autobus Gallandno datano datano data
Vince Spadafora
Senior VP of Finance & Treasurer1.2yrsno datano data

1.3yrs

Average Tenure

45yo

Average Age

Experienced Management: LEV's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Marc Bedard
Founder16.8yrsUS$1.65m11.5%
$ 6.0m
Pierre Larochelle
Chairman of the Board7.1yrsUS$181.46k0.0035%
$ 1.8k
Sheila Colleen Bair
Independent Director4.2yrsUS$139.88k0.0017%
$ 900.6
Michel Ringuet
Lead Independent Director7.1yrsUS$143.66k0.53%
$ 271.9k
Pierre-Olivier Perras
Director3.8yrsUS$132.32k0.0017%
$ 900.6
Latasha Akoma
Independent Director2.8yrsUS$132.32k0.0017%
$ 900.6
Lorenzo Roccia
Independent Director3.3yrsUS$132.32k0.0017%
$ 900.6
Pierre Wilkie
Independent Director5.5yrsUS$141.77k0.0043%
$ 2.3k
Ann Payne
Independent Director3.8yrsUS$132.32k0.0017%
$ 900.6
Dane Parker
Independent Director2.3yrsUS$132.32k0.0043%
$ 2.3k

4.0yrs

Average Tenure

58yo

Average Age

Experienced Board: LEV's board of directors are considered experienced (4 years average tenure).