Loop Industries Management
Management criteria checks 3/4
Loop Industries' CEO is Daniel Solomita, appointed in Jun 2015, has a tenure of 9.5 years. total yearly compensation is $566.59K, comprised of 78.3% salary and 21.7% bonuses, including company stock and options. directly owns 31.94% of the company’s shares, worth $20.38M. The average tenure of the management team and the board of directors is 1.7 years and 5.2 years respectively.
Key information
Daniel Solomita
Chief executive officer
US$566.6k
Total compensation
| CEO salary percentage | 78.3% |
| CEO tenure | 9.5yrs |
| CEO ownership | 31.9% |
| Management average tenure | 1.7yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?
Mar 21
Loop Industries: Owning It Can Be Risky
Feb 07Is Loop Industries (NASDAQ:LOOP) A Risky Investment?
Oct 31Health Check: How Prudently Does Loop Industries (NASDAQ:LOOP) Use Debt?
Jul 31Loop Industries (NASDAQ:LOOP) Has Debt But No Earnings; Should You Worry?
Mar 16Health Check: How Prudently Does Loop Industries (NASDAQ:LOOP) Use Debt?
Nov 19Loop Industries reports Q2 results
Oct 12Loop Industries GAAP EPS of -$0.38
Jul 14Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?
Jun 26Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?
Mar 10Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?
Oct 26Loop Industries CEO Daniel Solomita - Revolutionizing Global Plastic Crisis (Video)
Sep 09Loop Industries reports Q4 results
Jun 01Have Insiders Been Buying Loop Industries, Inc. (NASDAQ:LOOP) Shares This Year?
Mar 19Could The Loop Industries, Inc. (NASDAQ:LOOP) Ownership Structure Tell Us Something Useful?
Jan 26
Have Insiders Been Buying Loop Industries, Inc. (NASDAQ:LOOP) Shares?
Dec 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -US$19m |
| May 31 2024 | n/a | n/a | -US$19m |
| Feb 29 2024 | US$567k | US$444k | -US$21m |
| Nov 30 2023 | n/a | n/a | -US$11m |
| Aug 31 2023 | n/a | n/a | -US$7m |
| May 31 2023 | n/a | n/a | -US$10m |
| Feb 28 2023 | US$582k | US$456k | -US$21m |
| Nov 30 2022 | n/a | n/a | -US$41m |
| Aug 31 2022 | n/a | n/a | -US$50m |
| May 31 2022 | n/a | n/a | -US$51m |
| Feb 28 2022 | US$777k | US$478k | -US$45m |
| Nov 30 2021 | n/a | n/a | -US$44m |
| Aug 31 2021 | n/a | n/a | -US$48m |
| May 31 2021 | n/a | n/a | -US$45m |
| Feb 28 2021 | US$630k | US$449k | -US$36m |
| Nov 30 2020 | n/a | n/a | -US$27m |
| Aug 31 2020 | n/a | n/a | -US$17m |
| May 31 2020 | n/a | n/a | -US$15m |
| Feb 29 2020 | US$4m | US$452k | -US$15m |
| Nov 30 2019 | n/a | n/a | -US$18m |
| Aug 31 2019 | n/a | n/a | -US$17m |
| May 31 2019 | n/a | n/a | -US$18m |
| Feb 28 2019 | US$813k | US$458k | -US$18m |
| Nov 30 2018 | n/a | n/a | -US$14m |
| Aug 31 2018 | n/a | n/a | -US$17m |
| May 31 2018 | n/a | n/a | -US$16m |
| Feb 28 2018 | US$203k | US$190k | -US$14m |
Compensation vs Market: Daniel's total compensation ($USD566.59K) is about average for companies of similar size in the US market ($USD654.40K).
Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.
CEO
Daniel Solomita (48 yo)
9.5yrs
Tenure
US$566,586
Compensation
Mr. Daniel Solomita is Founder and President of Loop Industries, Inc. and has been its Chief Executive Officer and Director since June 29, 2015. Mr. Solomita has been the Chairman and President of Loop Ind...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.5yrs | US$566.59k | 31.94% $ 20.4m | |
| CFO, Principal Accounting Officer & Principal Financial Officer | 1.7yrs | US$1.72m | 0% $ 0 | |
| Chief Technology Officer | 4.8yrs | US$793.08k | 0.18% $ 115.0k | |
| Vice President of Communications & Investor Relations | no data | no data | no data | |
| Vice President of Sales & Business Development | 1.6yrs | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Vice President of Marketing & Communications | 1.6yrs | no data | no data |
1.7yrs
Average Tenure
52yo
Average Age
Experienced Management: LOOP's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9.5yrs | US$566.59k | 31.94% $ 20.4m | |
| Lead Independent Director | 6.7yrs | US$176.43k | 0.28% $ 176.6k | |
| Independent Director | 3.7yrs | US$126.43k | 0.12% $ 75.3k | |
| Independent Director | less than a year | no data | 0.081% $ 51.4k | |
| Independent Director | 8.1yrs | US$122.68k | 0.40% $ 254.2k | |
| Independent Director | 3.4yrs | no data | no data |
5.2yrs
Average Tenure
60yo
Average Age
Experienced Board: LOOP's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:59 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
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 |
|
|
| 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 here.
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 .
Analyst Sources
Loop Industries, Inc. is covered by 9 analysts. 4 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 |
|---|---|
| Mahaut Arnaud | Bryan Garnier & Co |
| Hazim Bahari | CFRA Equity Research |
| Nicholas Boychuk | Cormark Securities Inc. |