Electriq Power Holdings Management
Management criteria checks 0/4
Electriq Power Holdings' CEO is Frank Magnotti, appointed in Aug 2016, has a tenure of 7.75 years. total yearly compensation is $1.79M, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 7.93% of the company’s shares, worth $74.76K. The average tenure of the management team and the board of directors is 1.7 years and 0.8 years respectively.
Key information
Frank Magnotti
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 20.8% |
| CEO tenure | 7.8yrs |
| CEO ownership | 7.9% |
| Management average tenure | 1.7yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$23m |
| Jun 30 2023 | n/a | n/a | -US$13m |
| Mar 31 2023 | n/a | n/a | -US$56m |
| Dec 31 2022 | US$2m | US$371k | -US$54m |
Compensation vs Market: Frank's total compensation ($USD1.79M) is above average for companies of similar size in the US market ($USD667.96K).
Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.
CEO
Frank Magnotti (62 yo)
7.8yrs
Tenure
US$1,788,718
Compensation
Mr. Frank A. Magnotti, Sr., serves as Chief Executive Officer of Electriq Power Holdings, Inc. (formerly known as ElectrIQ Power, Inc.) since August 2016 and serves as its Director and also served as its I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.8yrs | US$1.79m | 7.93% $ 74.8k | |
| Chief Technology Officer | 4.7yrs | US$309.57k | 0.84% $ 8.0k | |
| Chief Financial Officer | 1.7yrs | no data | 0.47% $ 4.5k | |
| Chief Marketing Officer | 1.5yrs | no data | no data | |
| Chief Human Resources Officer | 2.9yrs | no data | no data | |
| Chief Services Officer | 1.5yrs | no data | 0.39% $ 3.7k | |
| Chief Commercial Officer | 1.5yrs | no data | no data |
1.7yrs
Average Tenure
55yo
Average Age
Experienced Management: ELIQ's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | no data | US$1.79m | 7.93% $ 74.8k | |
| Independent Director | 5.7yrs | no data | 0% $ 0 | |
| Independent Director | less than a year | no data | 0.060% $ 570.2 | |
| Independent Chairman of the Board | less than a year | no data | 9.39% $ 88.5k | |
| Independent Director | less than a year | no data | 0.060% $ 570.2 | |
| Independent Director | 1.8yrs | no data | 0.12% $ 1.1k | |
| Independent Director | less than a year | no data | 0.060% $ 570.2 |
0.8yrs
Average Tenure
58yo
Average Age
Experienced Board: ELIQ's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.