Vision Marine Technologies Management
Management criteria checks 3/4
Vision Marine Technologies' CEO is Alex Mongeon, appointed in Jan 2014, has a tenure of 10.5 years. total yearly compensation is CA$620.35K, comprised of 97.6% salary and 2.4% bonuses, including company stock and options. directly owns 2.44% of the company’s shares, worth $148.30K. The average tenure of the management team and the board of directors is 3.3 years and 3.8 years respectively.
Key information
Alex Mongeon
Chief executive officer
CA$620.4k
Total compensation
| CEO salary percentage | 97.6% |
| CEO tenure | 10.5yrs |
| CEO ownership | 2.4% |
| Management average tenure | 3.3yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | -CA$15m |
| Nov 30 2023 | n/a | n/a | -CA$13m |
| Aug 31 2023 | CA$620k | CA$605k | -CA$21m |
| May 31 2023 | n/a | n/a | -CA$21m |
| Feb 28 2023 | n/a | n/a | -CA$19m |
| Nov 30 2022 | n/a | n/a | -CA$16m |
| Aug 31 2022 | CA$581k | CA$567k | -CA$13m |
| May 31 2022 | n/a | n/a | -CA$13m |
| Feb 28 2022 | n/a | n/a | -CA$16m |
| Nov 30 2021 | n/a | n/a | -CA$17m |
| Aug 31 2021 | CA$355k | CA$351k | -CA$15m |
| May 31 2021 | n/a | n/a | -CA$13m |
| Feb 28 2021 | n/a | n/a | -CA$8m |
| Nov 30 2020 | n/a | n/a | -CA$4m |
| Aug 31 2020 | CA$225k | CA$136k | -CA$2m |
| May 31 2020 | n/a | n/a | -CA$445k |
| Feb 29 2020 | n/a | n/a | -CA$299k |
| Nov 30 2019 | n/a | n/a | -CA$33k |
| Aug 31 2019 | CA$112k | CA$112k | CA$233k |
Compensation vs Market: Alex's total compensation ($USD453.78K) is below average for companies of similar size in the US market ($USD697.54K).
Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.
CEO
Alex Mongeon (45 yo)
10.5yrs
Tenure
CA$620,354
Compensation
Mr. Alexandre Mongeon, also known as Alex, Co-founded Vision Marine Technologies Inc. Mr. Mongeon employed since 2014 as Chief Executive Officer and served as Chairman at Vision Marine Technologies Inc. un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 10.5yrs | CA$620.35k | 2.44% CA$ 135.0k | |
| CTO & COO | 3.3yrs | CA$533.10k | 0.25% CA$ 13.7k | |
| Chief Financial Officer | less than a year | no data | 0.46% CA$ 25.5k |
3.3yrs
Average Tenure
Experienced Management: VMAR's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.9yrs | CA$620.35k | 2.44% CA$ 135.0k | |
| Independent Director | 3.8yrs | CA$279.37k | 0.088% CA$ 4.9k | |
| Independent Director | 3.8yrs | CA$160.51k | 0.088% CA$ 4.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.031% CA$ 1.7k |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Board: VMAR's board of directors are considered experienced (3.8 years average tenure).