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Loop Industries, Inc. (LOOP)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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4.6300-0.1300 (-2.73%)
At close: 04:00PM EDT
4.5100 -0.12 (-2.59%)
After hours: 06:52PM EDT
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Loop Industries, Inc.

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

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full Time Employees99

Key Executives

NameTitlePayExercisedYear Born
Mr. Daniel SolomitaFounder, Chairman, CEO & Pres776.63kN/A1976
Mr. Thomas Andrew HickeyChief Operating & Financial Officer, Principal Accounting Officer and Treasurer417.92kN/A1967
Mr. Stephen ChampagneChief Technology Officer239.52kN/A1968
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is 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 into base building blocks. It 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 July 1, 2022 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 a 10 indicates higher governance risk.
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