Lake Area Corn Processors Management
Management criteria checks 4/4
Lake Area Corn Processors' CEO is Scott Mundt, appointed in Aug 2007, has a tenure of 17.42 years. total yearly compensation is $525.43K, comprised of 51.6% salary and 48.4% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $540.00K. The average tenure of the management team and the board of directors is 17.4 years and 18 years respectively.
Key information
Scott Mundt
Chief executive officer
US$525.4k
Total compensation
| CEO salary percentage | 51.6% |
| CEO tenure | 17.4yrs |
| CEO ownership | 0.3% |
| Management average tenure | 17.4yrs |
| Board average tenure | 18yrs |
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$3m |
Compensation vs Market: Scott's total compensation ($USD525.43K) is below average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Mundt (62 yo)
17.4yrs
Tenure
US$525,427
Compensation
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 | 26yrs | US$15.36k | 1.42% $ 2.5m | |
| President & CEO | 17.4yrs | US$525.43k | 0.30% $ 540.0k | |
| Chief Financial Officer | 17.4yrs | US$234.25k | no data | |
| Secretary & Independent Manager | 18yrs | US$11.58k | 0.34% $ 600.0k | |
| Treasurer & Independent Manager | no data | US$11.10k | 0.47% $ 840.0k | |
| Commodity Manager | no data | US$209.18k | 0.020% $ 36.0k |
17.4yrs
Average Tenure
59.5yo
Average Age
Experienced Management: LKCR.U's management team is seasoned and experienced (17.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 26yrs | US$15.36k | 1.42% $ 2.5m | |
| Secretary & Independent Manager | 19yrs | US$11.58k | 0.34% $ 600.0k | |
| Treasurer & Independent Manager | 15yrs | US$11.10k | 0.47% $ 840.0k | |
| Independent Manager | 26yrs | US$14.36k | 1.14% $ 2.0m | |
| Independent Vice Chairman | 18yrs | US$9.19k | 0.57% $ 1.0m | |
| Independent Manager | 11yrs | US$11.44k | 0.20% $ 351.0k | |
| Independent Manager | 11yrs | US$9.73k | 0.31% $ 552.0k |
18.0yrs
Average Tenure
65yo
Average Age
Experienced Board: LKCR.U's board of directors are seasoned and experienced ( 18 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 03:04 |
| End of Day Share Price | 2024/11/19 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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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.
| Analyst | Institution |
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