Lordstown Motors Corp. President Phil Schmidt receives $412K in 2020
Lordstown Motors Corp. reports 2020 executive compensation
By ExecPay News
Published: July 8, 2021
Lordstown Motors Corp. reported fiscal year 2020 executive compensation information on July 8, 2021.
In 2020, three executives at Lordstown Motors Corp. received on average a compensation package of $354K, a 257% increase compared to previous year.
Average pay of disclosed executives at Lordstown Motors Corp.
Phil Richard Schmidt, President, received $412K in total. 79% of Schmidt's compensation, or $324K, was in salary. Schmidt also received $88K in option awards.
Thomas V. Canepa, General Counsel, received a compensation package of $380K. 77% of the compensation package, or $292K, was in salary.
Stephen S. Burns, Chief Executive Officer, earned $269K in 2020, a 172% increase compared to previous year.
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Source: SEC filing on July 8, 2021.