Daniel Solomita Net Worth

The estimated Net Worth of Daniel Solomita is at least $4.07 million dollars as of 14 October 2020. Mr. Solomita owns over 10,000 units of Loop Industries Inc stock worth over $283,500 and over the last 9 years he sold LOOP stock worth over $0. In addition, he makes $3,788,060 as Chairman of the Board, President et Chief Executive Officer at Loop Industries Inc.

Wallmine is a radically better financial terminal.
Sign up in seconds, it's free!

Sign up

Already have an account? Sign in

Mr. Solomita LOOP stock SEC Form 4 insiders trading

Daniel has made over 2 trades of the Loop Industries Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of LOOP stock worth $73,100 on 14 October 2020.

The largest trade he's ever made was buying 1,600,000 units of Loop Industries Inc stock on 19 February 2016 worth over $2,160,000. On average, Daniel trades about 536,667 units every 566 days since 2016. As of 14 October 2020 he still owns at least 210,000 units of Loop Industries Inc stock.

You can see the complete history of Mr. Solomita stock trades at the bottom of the page.

Daniel Solomita biography

Daniel Solomita serves as Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Solomita has served as President and Chief Executive Officer and Chairman of the Board of Directors of Loop Industries since 2015. Mr. Solomita is also the Founder of the Company and the chief architect of the Company’s growth strategy and mission to disrupt the global plastics industry. As such, the Board of Directors considers Mr. Solomita as fully qualified to sit as Chairman of the Board of Directors. Mr. Solomita also served as the President, Secretary, Treasurer and sole Director of Loop Holdings, Inc., a wholly-owned subsidiary, from 2014 to March 2017, when Loop Holdings, Inc. merged with and into our Company. Prior to founding Loop, Mr. Solomita focused his business career on the circular economy, developing Polyamide landfill remediation projects across North America. From 2010 until 2014, Mr. Solomita served as board member and as President of Dragon Polymers, a company which operated as a nylon recycling business (currently doing business as Lead Innovation Corporation, OTC:LEIC). Mr. Solomita is a director and President of 8198381 Canada Inc., a company which also operated a nylon recycling business and is no longer operational. Mr. Solomita attended Dawson College, in Quebec, Canada, where he obtained a Diploma of College Studies in Business Administration in 1996. Mr. Solomita also has held a certification as a Microsoft Certified Solutions expert since 1998.

What is the salary of Daniel Solomita?

As the Chairman of the Board, President et Chief Executive Officer of Loop Industries Inc, the total compensation of Daniel Solomita at Loop Industries Inc is $3,788,060. There are no executives at Loop Industries Inc getting paid more.

How old is Daniel Solomita?

Daniel Solomita is 44, he's been the Chairman of the Board, President et Chief Executive Officer of Loop Industries Inc since 2018. There are 10 older and no younger executives at Loop Industries Inc. The oldest executive at Loop Industries Inc is Laurence Sellyn, 70, who is the Lead Independent Director.

What's Daniel Solomita's mailing address?

Daniel's mailing address filed with the SEC is 480 FERNAND POITRAS, , TERREBONNE, A8, J6Y1Y4.

Insiders trading at Loop Industries Inc

Over the last 13 years, insiders at Loop Industries Inc have traded over $14,219,890 worth of Loop Industries Inc stock and bought 1,644,450 units worth $334,306 . The most active insiders traders include Daniel Solomita, Richard J Jr Boyle et Thomas P Byrne. On average, Loop Industries Inc executives and independent directors trade stock every 93 days with the average trade being worth of $173,889. The most recent stock trade was executed by Yves Perron on 31 May 2022, trading 3,650 units of LOOP stock currently worth $20,002.

What does Loop Industries Inc do?

loop industries is an environmentally responsible manufacturer of pta (purified terephthalic acid) and eg (ethylene glycol), the two fundamental monomers used in the production of the polymer pet (polyethylene terephthalate)

Complete history of Mr. Solomita stock trades at Loop Industries Inc

Loop Industries Inc executives and stock owners

Loop Industries Inc executives and other stock owners filed with the SEC include:

• Daniel Solomita,
  Chairman of the Board, President, Chief Executive Officer
• Nelson Gentiletti,
  Chief Financial Officer, Chief Operating Officer, Treasurer
• Daniel Solomita,
  Founder, Chairman, CEO & Pres
• Nelson Gentiletti CPA, CA,
  COO, CFO, Treasurer & Sec.
• Stephen Champagne,
  Chief Technology Officer
• Michel Megelas,
  Chief Legal Officer, Secretary
• Jay Stubina,
  Independent Director
• Andrew Lapham,
  Independent Director
• Peter Kezios,
  Independent Director
• Laurence Sellyn,
  Lead Independent Director
• Stephanie Corrente,
  Director of Marketing & Communications
• Thomas Andrew Hickey,
  CFO, Principal Financial Officer & Principal Accounting Officer
• Giovanni Catino,
  Head of Procurement & Bus. Devel.
• Private Capital Ltd. Northern,
  
• Donald L Danks,
  
• Shaun B Higgins,
  
• Leslie A Murphy,
  
• Wayne B Warthen,
  Chief Technology Officer & SVP
• Brent Stumme,
  CFO and VP, Finance/Admin
• Noel J Fenton,
  Director
• Dennis Chookaszian,
  Director
• William G Byrnes,
  Director
• Richard J Jr Boyle,
  Chief Executive Officer
• Thomas Unterman,
  Director
• Bryan D. Smith,
  SVP, Sales and Service
• Frederick G. Saint,
  SVP - Product & Bus. Dev.
• Scott S Ingraham,
  Director
• Michael J. Handelsman,
  SVP & Group General Manager
• Jason D Greenman,
  Chief Strategy Officer and SVP
• James T Farrell,
  Director
• Thomas P Byrne,
  President and COO
• Sidney Mortimer Horn,
  
• Nelson Switzer,
  Chief Growth Officer
• Laurent Auguste,
  
• Thomas Andrew Hickey,
  CFO
• John Carter Risley,
  
• Ventures Inc. Cffi,
  
• Stephen Champagne,
  Chief Technology Officer
• Private Capital Fund I Limi...,
  10% owner
• Fady Mansour,
  Chief Financial Officer
• Louise S Sams,
  
• Yves Perron,
  VP, Engineering & Construction