Basanite Management
Management criteria checks 1/4
Basanite's CEO is Ronald LoRicco, appointed in Apr 2024, has a tenure of less than a year. directly owns 9.41% of the company’s shares, worth $318.18K. The average tenure of the management team and the board of directors is 1.1 years and 3 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 | 9.4% |
| Management average tenure | 1.1yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO
Ronald LoRicco (58 yo)
less than a year
Tenure
Mr. Ronald J. LoRicco Sr., Esq, serves as Acting Interim Chief Executive Officer and Chairman of the Board at Basanite, Inc. since April 2024. He had been an Independent Director at Basanite, Inc., (former...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Acting Interim Chief Executive Officer & Chairman of the Board | less than a year | no data | 9.41% $ 318.2k | |
| Acting Interim CFO | 1.4yrs | US$175.00k | no data | |
| CTO & Director | no data | no data | 0.25% $ 8.3k | |
| Interim Chief Growth Officer | 1.1yrs | no data | no data |
1.1yrs
Average Tenure
53yo
Average Age
Experienced Management: BASA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Acting Interim Chief Executive Officer & Chairman of the Board | 6.9yrs | no data | 9.41% $ 318.2k | |
| CTO & Director | 2.4yrs | no data | 0.25% $ 8.3k | |
| Director | 1.8yrs | no data | 0.051% $ 1.7k | |
| Independent Director | 7.1yrs | no data | 2.15% $ 72.6k | |
| Independent Director | 3.7yrs | no data | 0% $ 0 | |
| Director | 2.4yrs | no data | 0.0038% $ 129.9 |
3.0yrs
Average Tenure
59yo
Average Age
Experienced Board: BASA's board of directors are considered experienced (3 years average tenure).