Lilium Management

Management criteria checks 2/4

Lilium's CEO is Klaus Roewe, appointed in Aug 2022, has a tenure of 2.25 years. total yearly compensation is €1.79M, comprised of 33% salary and 67% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth $12.01K. The average tenure of the management team and the board of directors is 2.3 years and 3.2 years respectively.

Key information

Klaus Roewe

Chief executive officer

€1.8m

Total compensation

CEO salary percentage	33.0%
CEO tenure	2.3yrs
CEO ownership	0.02%
Management average tenure	2.3yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Klaus Roewe's remuneration changed compared to Lilium's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-€91m
Mar 31 2024	n/a	n/a	-€240m
Dec 31 2023	€2m	€590k	-€389m
Sep 30 2023	n/a	n/a	-€452m
Jun 30 2023	n/a	n/a	-€515m
Mar 31 2023	n/a	n/a	-€384m
Dec 31 2022	€1m	€246k	-€253m

Compensation vs Market: Klaus's total compensation ($USD1.88M) is above average for companies of similar size in the US market ($USD651.40K).

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

CEO

Klaus Roewe (59 yo)

2.3yrs

Tenure

€1,788,845

Compensation

Mr. Klaus Roewe has been Chief Executive Officer at Lilium N.V. since August 1, 2022 and serves as its Executive Director. He Joined Lilium N.V. since August 1, 2022. He has been the Head of A320neo Progra...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Klaus Roewe	CEO & Executive Director	2.3yrs	€1.79m	0.017% $ 12.0k
Daniel Wiegand	Co-Founder	no data	€625.33k	3.71% $ 2.6m
Patrick Nathen	Co-Founder	no data	no data	no data
Sebastian Born	Co-Founder and Head of Structure & Interior	no data	no data	no data
Matthias Meiner	Co-Founder & Chief Engineer	no data	no data	no data
Johan Malmqvist	Chief Financial Officer	less than a year	no data	no data
Yves Yemsi	Chief Operating Officer	3.8yrs	no data	no data
Stephen Vellacott	Chief Technology Officer	less than a year	no data	no data
Bjorn Scheib	Investor Relations	no data	no data	no data
Roger Franks	Chief Legal Officer	3.8yrs	no data	no data
Karim Jalbout	Chief People Officer	2.8yrs	no data	no data
Sebastien Borel	Chief Commercial Officer	2.2yrs	no data	no data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: LILM.F's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Klaus Roewe	CEO & Executive Director	no data	€1.79m	0.017% $ 12.0k
Daniel Wiegand	Co-Founder	3.2yrs	€625.33k	3.71% $ 2.6m
David Neeleman	Non-Executive Director	3.2yrs	€248.67k	0.014% $ 9.5k
Niklas Zennstrom	Independent Non-Executive Director	3.2yrs	€189.03k	0.025% $ 17.1k
Thomas Enders	Independent Non-Executive Chairman of the Board	3.2yrs	€614.40k	0.036% $ 24.8k
David A. M. Wallerstein	Independent Non-Executive Director	3.2yrs	no data	0.30% $ 209.0k
Margaret Smyth	Independent Non-Executive Director	3.2yrs	€358.11k	0.020% $ 13.6k
Gabrielle Toledano	Independent Non-Executive Director	3.2yrs	€397.43k	0.020% $ 13.6k
Philippe Balducchi	Non-Executive Director	less than a year	no data	no data

3.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: LILM.F's board of directors are considered experienced (3.2 years average tenure).

Lilium Management

Management criteria checks 2/4

Key information

Recent management updates

Lilium N.V Announces Chief Financial Officer Changes

Lilium N.V., Annual General Meeting, Jul 07, 2023

Lilium N.V. Appoints Sebastien Borel as Chief Commercial Officer

Lilium N.V. Announces Executive Changes

Lilium N.V., Annual General Meeting, Dec 21, 2022

High number of new and inexperienced directors

Recent updates

The Law Offices of Frank R. Cruz Files Securities Fraud Lawsuit Against Lilium N.V

Lilium N.V.(OTCPK:LILM.F) dropped from NASDAQ Composite Index

New minor risk - Market cap size

Price target decreased by 22% to US$1.48

New major risk - Negative shareholders equity

Lilium Powers On First Lilium Jet in Significant Milestone Towards First Flight

Lilium Starts Integration Testing of Lilium Jet Electrical Power System

Lilium N.V. has filed a Follow-on Equity Offering in the amount of $33 million.

Lilium N.V. Expands POWER-ON, Creating Comprehensive Solutions Portfolio with Leading Digital Innovators

Lilium N.V. to Report Q1, 2024 Results on Jun 11, 2024

Price target decreased by 7.9% to US$2.55

New major risk - Shareholder dilution

Lilium N.V. announced that it expects to receive $49.951767 million in funding from BiT Capital, Aceville Pte Ltd., Earlybird Venture Capital GmbH & Co. KG

Lilium: Not So Dead After All

Lilium N.V. to Unveil the Full-Scale Lilium Jet Model for the First Time at EBACE2024

Lilium N.V. Starts Production of High-Performance Battery Packs for the Lilium Jet

Lilium N.V Announces Chief Financial Officer Changes

New major risk - Revenue and earnings growth

Price target decreased by 30% to US$1.96

Lilium N.V. to Report Q4, 2023 Results on Feb 27, 2024

Lilium Starts Production of the Lilium Jet in Watershed Moment for Sustainable Aviation

Lilium N.V. Receives Design Organization Approval from the European Union Aviation Safety Agency

Lilium N.V. Receives Design Organization Approval from the European Union Aviation Safety Agency

Lilium Starts Assembly of the Lilium Jet’S Revolutionary Electric Propulsion System

New major risk - Negative shareholders equity

Lilium N.V. to Report Q2, 2023 Results on Jul 25, 2023

Here's Why We're A Bit Worried About Lilium's (NASDAQ:LILM) Cash Burn Situation

New major risk - Financial position

New major risk - Shareholder dilution

Lilium N.V. announced that it expects to receive $41.789991 million in funding from Earlybird Venture Capital GmbH & Co. KG, BiT Capital, Unternehmertum Venture Capital Partners GmbH

Lilium N.V., Annual General Meeting, Jul 07, 2023

Lilium N.V. to Report Q1, 2023 Results on May 24, 2023

We're A Little Worried About Lilium's (NASDAQ:LILM) Cash Burn Rate

Lilium N.V. Appoints Sebastien Borel as Chief Commercial Officer

Lilium N.V. Announces Executive Changes

Price target decreased to US$5.66

Lilium N.V., Annual General Meeting, Dec 21, 2022

Lilium N.V. to Report Q3, 2022 Results on Dec 06, 2022

Lilium N.V. announced that it expects to receive $89.732421 million in funding from Tencent Holdings Ltd., Investment Arm and other investors

Price target increased to US$12.08

High number of new and inexperienced directors

Lilium: Call Option On Flying Taxis

Co-Founder notifies of intention to sell stock

Companies Like Lilium (NASDAQ:LILM) Could Be Quite Risky

GlobeAir to purchase 12 Lilium Jets

Lilium N.V., Annual General Meeting, Sep 27, 2022

Lilium N.V. to Report Q2, 2022 Results on Sep 28, 2022

Lilium's Less-Obvious Advantages

Lilium Is Worth The Lottery Ticket

We Think Lilium (NASDAQ:LILM) Needs To Drive Business Growth Carefully

Astronics selected for Lilium Jet’s Electrical Power Distribution System

The Klein Law Firm Announces a Lead Plaintiff Deadline of June 17, 2022 in the Class Action Filed on Behalf of Lilium N.V. f/k/a Qell Acquisition Corp. Shareholders

Lilium N.V. Announces CEO Changes

Lilium Achieves Main Wing Transition

Lilium N.V. Files 37 New Patent Applications

Levi & Korsinsky Notifies Lilium N.V. Investors of Class Action Lawsuit and Upcoming Deadline

Lilium N.V. to Report Q1, 2022 Results on Jun 07, 2022

Price target decreased to US$11.86

High number of new and inexperienced directors

Rosen Law Firm Files Securities Class Action Lawsuit Against Lilium N.V

Lilium N.V. Begins Flight Testing in Spain

Full year 2021 earnings released: €1.91 loss per share (vs €2,771 loss in FY 2020)

Lilium N.V. Secures Approvals to Enable Flight Test Campaign in Spain

Lilium, This Is Perhaps One That Won't Fly

Price target decreased to US$14.08

Lilium N.V. to Report Fiscal Year 2021 Results on Mar 01, 2022

High number of new and inexperienced directors

Lilium: Don't Ignore These Risks

Lilium: Future Of Regional Transportation