Basanite Management
Management criteria checks 2/4
Basanite's CEO is Ronald LoRicco, appointed in Apr 2025, has a tenure of less than a year. directly owns 9.46% of the company’s shares, worth $832.15K. The average tenure of the management team and the board of directors is 2.2 years and 3.5 years respectively.
Key information
Ronald LoRicco
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 9.5% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO
Ronald LoRicco (60 yo)
Mr. Ronald J. LoRicco Sr., Esq, has been the Chairman of the Board at Basanite, Inc. since April 2024 and served as Acting Interim Chief Executive Officer since April 12, 2024 until October 1, 2024 and ser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Acting Interim CEO & Chairman of the Board | less than a year | no data | 9.46% $ 832.2k | |
| CFO, Treasurer & Secretary | 2.5yrs | US$175.00k | no data | |
| CTO & Director | no data | no data | 0.25% $ 21.7k | |
| Interim Chief Growth Officer | 2.2yrs | no data | no data |
Experienced Management: BASA's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Acting Interim CEO & Chairman of the Board | 8yrs | no data | 9.46% $ 832.2k | |
| CTO & Director | 3.5yrs | no data | 0.25% $ 21.7k | |
| Director | less than a year | no data | no data | |
| Director | 2.8yrs | no data | no data | |
| Independent Director | 8.2yrs | no data | 2.84% $ 249.4k | |
| Independent Director | 4.8yrs | no data | 0% $ 0 | |
| Director | 3.5yrs | no data | 0.0039% $ 340.3 |
Experienced Board: BASA's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/17 05:17 |
| End of Day Share Price | 2025/06/17 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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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.
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
Basanite, Inc. 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.