Loop Industries, Inc. (LOOP)

2.8550 -0.0750 (-2.56%) At close: 04:00PM EDT

Loop Industries, Inc.

480 Fernand-Poitras
Terrebonne, QC J6Y 1Y4
Canada
450 951 8555
https://www.loopindustries.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 60

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Daniel Solomita	Founder, Chairman of the Board, CEO & President	582.46k	N/A	1976
Mr. Stephen Champagne	Chief Technology Officer	235.91k	N/A	1968
Mr. Fady Mansour	CFO, Principal Accounting Officer & Principal Financial Officer	N/A	N/A	1972
Kevin C. O'Dowd	Vice President of Communications & Investor Relations	N/A	N/A	N/A
Giovanni Catino	Vice President of Sales & Business Development	N/A	N/A	N/A
Mike De Notaris	Vice President of Corporate Development	N/A	N/A	N/A
Andrea Kostiuk	Vice President of Marketing & Communications	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks. Its polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.

Corporate governance

Loop Industries, Inc.’s ISS governance QualityScore as of 1 May 2024 is 10. The pillar scores are Audit: 9; Board: 7; Shareholder rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.