Local Bounti Corporation

NYSE:LOCL Stock Report

Market Cap: US$24.8m

Local Bounti Management

Management criteria checks 3/4

Local Bounti's CEO is Kathy Valiasek, appointed in Nov 2021, has a tenure of 3.5 years. total yearly compensation is $1.04M, comprised of 45.2% salary and 54.8% bonuses, including company stock and options. directly owns 2.72% of the company’s shares, worth $675.58K. The average tenure of the management team and the board of directors is 3.1 years and 3.5 years respectively.

Key information

Kathy Valiasek

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage45.23%
CEO tenure3.5yrs
CEO ownership2.7%
Management average tenure3.1yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

author-image

Transformative Financing And Texas Facility Changes Will Improve Operations

Apr 16 Strategic financing and reduced debt enhance Local Bounti's foundation, supporting future growth and operational expansion.

Even With A 35% Surge, Cautious Investors Are Not Rewarding Local Bounti Corporation's (NYSE:LOCL) Performance Completely

Jan 04
Even With A 35% Surge, Cautious Investors Are Not Rewarding Local Bounti Corporation's (NYSE:LOCL) Performance Completely

Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%

Nov 20
Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%

Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Nov 17
Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts

Apr 01
Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts

An Intrinsic Calculation For Local Bounti Corporation (NYSE:LOCL) Suggests It's 37% Undervalued

Mar 31
An Intrinsic Calculation For Local Bounti Corporation (NYSE:LOCL) Suggests It's 37% Undervalued

Local Bounti Corporation (NYSE:LOCL) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Nov 13
Local Bounti Corporation (NYSE:LOCL) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Local Bounti GAAP EPS of -$0.30 misses by $0.03, revenue of $6.29M misses by $0.47M

Nov 10

Local Bounti reports mixed Q2 earnings; reaffirms FY22 guidance

Aug 15

Local Bounti: Sustainable Farming, Unsustainable Financials

Jun 23

Better Than Organic - Local Bounti Co-CEOs Travis Joyner, Craig Hurlbert

May 23

CEO Compensation Analysis

How has Kathy Valiasek's remuneration changed compared to Local Bounti's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$1mUS$472k

-US$120m

Sep 30 2024n/an/a

-US$149m

Jun 30 2024n/an/a

-US$139m

Mar 31 2024n/an/a

-US$125m

Dec 31 2023US$1mUS$425k

-US$124m

Sep 30 2023n/an/a

-US$85m

Jun 30 2023n/an/a

-US$88m

Mar 31 2023n/an/a

-US$109m

Dec 31 2022US$7mUS$425k

-US$111m

Sep 30 2022n/an/a

-US$113m

Jun 30 2022n/an/a

-US$97m

Mar 31 2022n/an/a

-US$72m

Dec 31 2021US$11mUS$306k

-US$56m

Compensation vs Market: Kathy's total compensation ($USD1.04M) is above average for companies of similar size in the US market ($USD681.28K).

Compensation vs Earnings: Kathy's compensation has been consistent with company performance over the past year.

CEO

Kathy Valiasek (60 yo)

3.5yrs

Tenure

US$1,044,240

Compensation

Ms. Kathleen Valiasek, also known as Kathy, is Director of Call2Recycle, Inc. from October 2024. She is President & CFO of Local Bounti Corporation from June 24, 2024 and serves Chief Executive Officer sin...

Leadership Team

NamePositionTenureCompensationOwnership
Craig Hurlbert
Co-Founder & Executive Chairman of the Board3.5yrsUS$533.16k13.04%
$ 3.2m
Kathleen Valiasek
CEO, President & CFO3.5yrsUS$1.04m2.72%
$ 675.6k
Margaret McCandless
General Counsel & Corporate Secretary3.3yrsUS$443.70k0.30%
$ 75.1k
Travis Joyner
Co-Founder & Directorno dataUS$9.48m12.08%
$ 3.0m
Mike Schaal
Chief Operating Officerless than a yearno datano data
Anthony Hughes
Senior VP of Finance & Chief Accounting Officer2.9yrsno datano data
Alex Francis
Chief Information Officerless than a yearno datano data
Corrie Hutchens
Vice President of Marketing & Product Development8.2yrsno datano data
Baltazar Garcia
Vice President of Salesless than a yearno datano data
Kara Bailey
Vice President of Human Resources4.3yrsno datano data

3.1yrs

Average Tenure

58yo

Average Age

Experienced Management: LOCL's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Craig Hurlbert
Co-Founder & Executive Chairman of the Board3.5yrsUS$533.16k13.04%
$ 3.2m
Travis Joyner
Co-Founder & Director3.5yrsUS$9.48m12.08%
$ 3.0m
Michael Molnar
Independent Directorless than a yearno data0.65%
$ 162.5k
Mark Nelson
Independent Director4.2yrsUS$141.25k0.17%
$ 42.7k
Matthew Nordby
Lead Independent Director3.5yrsUS$131.25k0.47%
$ 116.9k
Charles Schwab
Independent Directorless than a yearno datano data
Pamela Brewster
Independent Director3.5yrsUS$146.25k1.36%
$ 337.5k

3.5yrs

Average Tenure

53yo

Average Age

Experienced Board: LOCL's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 18:20
End of Day Share Price 2025/05/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Local Bounti Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher BarnesDeutsche Bank
Benjamin KlieveLake Street Capital Markets, LLC
Pamela KaufmanMorgan Stanley