TuSimple Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Cheng Lu

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2yrs
CEO ownership	1.4%
Management average tenure	2yrs
Board average tenure	2yrs

Recent management updates

Recent updates

TuSimple Moves Closer To China Exit Ramp As Questions Loom On U.S. Commercialization

Aug 30

Trucking company TuSimple tops gainer in Industrial, while Custom Truck One leads losers list

Jun 12

TuSimple stock gains after attracting wave of bull ratings

May 10

TuSimple gears up to be leader in autonomous truck race

May 01

CEO Compensation Analysis

How has Cheng Lu's remuneration changed compared to TuSimple Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-US$359m
Jun 30 2023	n/a	n/a	-US$411m
Mar 31 2023	n/a	n/a	-US$441m
Dec 31 2022	US$10m	US$197k	-US$472m
Sep 30 2022	n/a	n/a	-US$449m
Jun 30 2022	n/a	n/a	-US$451m
Mar 31 2022	n/a	n/a	-US$459m
Dec 31 2021	US$67m	US$450k	-US$737m
Sep 30 2021	n/a	n/a	-US$665m
Jun 30 2021	n/a	n/a	-US$651m
Mar 31 2021	n/a	n/a	-US$562m
Dec 31 2020	US$18m	US$388k	-US$199m

Compensation vs Market: Insufficient data to establish whether Cheng's total compensation is reasonable compared to companies of similar size in the US market.

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

CEO

Cheng Lu (41 yo)

2yrs

Tenure

US$10,124,747

Compensation

Mr. Cheng Lu is President, Chief Executive Officer and Director of TuSimple Holdings Inc. from November 10, 2022. He served as President of TuSimple Holdings Inc. since January 2019 until March 3, 2022 and...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mo Chen	Co-Founder & Executive Chairman	2yrs	no data	7.9% $ 4.2m
Cheng Lu	President	2yrs	US$10.12m	1.39% $ 745.0k
Eric Tapia	CFO, Senior VP & Principal Accounting Officer	3.5yrs	US$1.80m	0.047% $ 25.0k
Jianan Hao	COO & Director	no data	no data	no data
Ryan Amerman	Head of Investor Relations	no data	no data	no data
Evan Dunn	General Counsel & Corporate Secretary	1.8yrs	no data	no data
Shannon DiPietro	Senior VP & CHRO	no data	no data	no data
Adrian Thompson	VP of Systems & Safety Engineering	no data	no data	no data

2.0yrs

Average Tenure

44yo

Average Age

Experienced Management: TSPH's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mo Chen	Co-Founder & Executive Chairman	2yrs	no data	7.9% $ 4.2m
Cheng Lu	President	2yrs	US$10.12m	1.39% $ 745.0k
Jianan Hao	COO & Director	less than a year	no data	no data
Richard Kramer	Member of Executive Advisory Board	3.6yrs	no data	no data
Derek Leathers	Advisory Board Member	no data	no data	no data
Stephen Girsky	Advisory Board Member	no data	no data	no data
Mark Rourke	Advisory Board Member	no data	no data	no data
Fu Bin Lu	Independent Director	1.9yrs	US$255.69k	0.067% $ 35.9k
Jeffrey Denham	Advisory Board Member	no data	no data	no data
Eric Fuller	Advisory Board Member	no data	no data	no data
Jon McGaughey	Independent Director	1.7yrs	no data	no data
Nicole Nason	Member of Executive Advisory Board	3.6yrs	no data	no data

2.0yrs

Average Tenure

53yo

Average Age

Experienced Board: TSPH's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

TuSimple Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Tusimple Holdings Inc. Announces Board of Director Changes

TuSimple Holdings Inc. Elects James Lu to the Board of Directors

Wendy Hayes Informs the Board of Directors of TuSimple Holdings Inc. That She Will Not Stand for Re-Election

High number of new and inexperienced directors

TuSimple Holdings Inc., Annual General Meeting, Dec 13, 2023

High number of new and inexperienced directors

Recent updates

TuSimple Holdings Files Form 15

Camac Partners Sends a Letter to TuSimple Holdings

Tusimple Holdings Inc. Announces Board of Director Changes

TuSimple Holdings Inc. Files Form 15

TuSimple Holdings Files Form 15

TuSimple Holdings Inc.(NasdaqGS:TSP) dropped from NASDAQ Composite Index

TuSimple Holdings Inc. Receives Non-Compliance Notice from Nasdaq

TuSimple Intends to Voluntarily Delist from Nasdaq

Price target decreased by 70% to US$1.07

TuSimple Holdings Inc. Elects James Lu to the Board of Directors

Price target increased by 17% to US$4.19

Wendy Hayes Informs the Board of Directors of TuSimple Holdings Inc. That She Will Not Stand for Re-Election

Price target increased by 19% to US$4.29

Third quarter 2023 earnings released: US$0.27 loss per share (vs US$0.50 loss in 3Q 2022)

High number of new and inexperienced directors

TuSimple Holdings Inc., Annual General Meeting, Dec 13, 2023

TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

TuSimple Holdings Inc. announced delayed 10-Q filing

TuSimple Holdings Inc. Announces Successfully Complete China's First Fully Autonomous Semi-Truck Run on Open Public Roads Without A Human in the Vehicle and Without Human Intervention

TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

TuSimple Holdings Inc. announced delayed 10-Q filing

Price target decreased by 19% to US$4.22

Price target decreased by 13% to US$6.91

High number of new and inexperienced directors

TuSimple Announces the Promotion of Evan Dunn as General Counsel

TuSimple Adds Independent Directors to Government Security Committee

TuSimple Holdings Inc. Appoints James Lu as an Independent Director

Kaskela Law LLC Announces Class Action Lawsuit Has Been Filed Against TuSimple Holdings Inc

TuSimple Holdings Inc. Receives a Notice from the Nasdaq

TuSimple Holdings Inc. announced delayed 10-Q filing

TuSimple Holdings Inc. Announces Board Changes

Third quarter 2022 earnings released: US$0.50 loss per share (vs US$0.54 loss in 3Q 2021)

TuSimple Holdings Inc. Management Changes

Jakubowitz Law Reminds TuSimple Shareholders of a Lead Plaintiff Deadline of October 31, 2022

TuSimple Holdings Inc. to Report Q3, 2022 Results on Nov 01, 2022

Price target decreased to US$17.20

TuSimple Holdings Inc. Announces Management Changes

The Schall Law Firm Announces Class Action Lawsuit Against Tusimple Holdings Inc

TuSimple Moves Closer To China Exit Ramp As Questions Loom On U.S. Commercialization

Geely Automotive said to offer to buy TuSimple's Asia-Pacific business

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus estimates of losses per share improve by 12%

TuSimple falls amid report it's looking for acquirers of its China operations

TuSimple partners with Hegelmann, global logistics provider

TuSimple Holdings Inc. to Report Q2, 2022 Results on Aug 02, 2022

Price target decreased to US$20.93

TuSimple: Simple Decision To Buy Disruptor And Leader In Autonomous Trucks

TuSimple Holdings Inc.(NasdaqGS:TSP) dropped from Russell 2500 Growth Index

TuSimple Announces CFO Changes

High number of new and inexperienced directors

High number of new directors

TuSimple Makes Progress But Faces Further Delays

Insider notifies of intention to sell stock

Consensus forecasts updated

TuSimple: A Risky Bet On An Autonomous Trucking Future

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

TuSimple Holdings Inc., Annual General Meeting, Jun 09, 2022

Price target decreased to US$34.87

High number of new directors

TuSimple Holdings Inc. to Report Q1, 2022 Results on May 03, 2022

TuSimple Looks To Decouple From China. Others To Follow?

Independent Director recently bought US$279k worth of stock

TuSimple Paves The Way For Its Truck Technology Commercialization

Chief Administrative & Legal Officer exercised options and sold US$71k worth of stock

TusSimple Announces Executive Changes

Full year 2021 earnings: Revenues in line with analyst expectations

Consensus forecasts updated

Charles Chao and Bonnie Yi Zhang Not to Stand for Re-Election to the Board of Directors of TuSimple Holdings Inc. at Annual Meeting of Stockholders

Consensus revenue estimates fall by 32%