Lake Area Corn Processors Management
Management criteria checks 2/4
Lake Area Corn Processors' CEO is Scott Mundt, appointed in Aug 2007, has a tenure of 18.33 years. directly owns 0.3% of the company’s shares, worth $549.00K. The average tenure of the management team and the board of directors is 18.3 years and 18.9 years respectively.
Key information
Scott Mundt
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 18.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 18.3yrs |
| Board average tenure | 18.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$45m |
| Mar 31 2024 | n/a | n/a | US$41m |
| Dec 31 2023 | US$525k | US$271k | US$42m |
| Sep 30 2023 | n/a | n/a | US$36m |
| Jun 30 2023 | n/a | n/a | US$27m |
| Mar 31 2023 | n/a | n/a | US$29m |
| Dec 31 2022 | US$453k | US$271k | US$27m |
| Sep 30 2022 | n/a | n/a | US$51m |
| Jun 30 2022 | n/a | n/a | US$53m |
| Mar 31 2022 | n/a | n/a | US$52m |
| Dec 31 2021 | US$460k | US$258k | US$57m |
| Sep 30 2021 | n/a | n/a | US$27m |
| Jun 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$18m |
| Dec 31 2020 | US$299k | US$251k | US$1m |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$12m |
| Mar 31 2020 | n/a | n/a | -US$16m |
| Dec 31 2019 | US$267k | US$239k | -US$4m |
| Sep 30 2019 | n/a | n/a | -US$2m |
| Jun 30 2019 | n/a | n/a | US$970k |
| Mar 31 2019 | n/a | n/a | US$3m |
| Dec 31 2018 | US$275k | US$233k | US$3m |
Compensation vs Market: Insufficient data to establish whether Scott's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.
CEO
Scott Mundt (63 yo)
Mr. Scott A. Mundt has been Chief Executive Officer of Lake Area Corn Processors, LLC since August 1, 2007 and serves as its President. Mr. Mundt has been the Chief Executive Officer of Dakota Ethanol, LLC...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 26.9yrs | US$15.36k | 1.42% $ 2.6m | |
| President & CEO | 18.3yrs | US$525.43k | 0.30% $ 549.0k | |
| Chief Financial Officer | 18.3yrs | US$234.25k | no data | |
| Secretary & Independent Manager | 18.9yrs | US$11.58k | 0.34% $ 616.1k | |
| Treasurer & Independent Manager | no data | US$11.10k | 0.47% $ 854.0k | |
| Commodity Manager | no data | US$209.18k | 0.020% $ 36.6k |
Experienced Management: LACD.U's management team is seasoned and experienced (18.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 26.9yrs | US$15.36k | 1.42% $ 2.6m | |
| Secretary & Independent Manager | 19.9yrs | US$11.58k | 0.34% $ 616.1k | |
| Treasurer & Independent Manager | 15.9yrs | US$11.10k | 0.47% $ 854.0k | |
| Independent Manager | 26.9yrs | US$14.36k | 1.14% $ 2.1m | |
| Independent Vice Chairman | 18.9yrs | US$9.19k | 0.57% $ 1.0m | |
| Independent Manager | 11.9yrs | US$11.44k | 0.20% $ 356.8k | |
| Independent Manager | 11.9yrs | US$9.73k | 0.31% $ 561.2k |
Experienced Board: LACD.U's board of directors are seasoned and experienced ( 18.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/30 02:10 |
| End of Day Share Price | 2025/10/02 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lake Area Corn Processors, LLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.