Tony Aquila is the CEO of Canoo Inc., where he took charge in April 2021. Before this, he was the Executive Chairman, which he started in December 2020. Aquila has a strong background in building companies, having founded Solera Holdings...

Tony Aquila is the CEO of Canoo Inc., where he took charge in April 2021. Before this, he was the Executive Chairman, which he started in December 2020. Aquila has a strong background in building companies, having founded Solera Holdings Inc. in 2005 and guiding it through an IPO in 2007. He led numerous acquisitions at Solera, expanding its services in software and data for insurance companies and automotive industries. Beyond Canoo, he also established AFV Partners LLC, focusing on strategic investments in key tech sectors. Notably, he holds a significant stake in Canoo, owning over 12 million shares, reflecting his deep investment in the company's future. Under his leadership, Canoo aims to make waves in the electric vehicle market, targeting operational milestones and stock price hurdles tied directly to his performance. His compensation strategy aligns closely with shareholder interests, focusing on long-term value creation. Aquila's experience and hands-on approach are pivotal as Canoo moves toward its goals in the competitive EV space.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Canoo Inc. CEOs

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Tony Aquila

CEO of Canoo Inc.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of Canoo Inc. for

3 years 11 months (Apr 2021 - Present)

Previous Experience

Founder of Solera Holdings Inc.

Rivals

Competitors/colleagues of Tony Aquila

Holdings

See how much did Tony Aquila make over time.

Tony Aquila holds around 12.4 million shares of Canoo stock, making him one of the company's largest shareholders. His wealth in Canoo has varied, peaking significantly during stock market fluctuations. As of now, his holdings represent about 5.2% of the...

Tony Aquila holds around 12.4 million shares of Canoo stock, making him one of the company's largest shareholders. His wealth in Canoo has varied, peaking significantly during stock market fluctuations. As of now, his holdings represent about 5.2% of the total shares outstanding, showing his commitment to the company's success. Aquila's stakes in the company are linked to performance-based stock units, emphasizing his investment is tied to Canoo's growth and stability in the electric vehicle market, which is currently a volatile sector.

Insider Trading

See recent insider trades of Tony Aquila.

GOEV

5,599,104 shares

GOEV

Aug 4, 2023

Received

GOEV

16,330,720 shares

GOEV

Jun 29, 2023

Received

GOEV

9,204,234 shares

GOEV

May 3, 2023

Received

GOEV

150,000 shares

GOEV

Dec 2, 2022

Received

GOEV

$5.00M

GOEV at $1.11/share

Nov 21, 2022

Received

GOEV

$5.00M

GOEV at $1.11/share

Nov 21, 2022

Purchase

GOEV

$515.80K

GOEV at $2.58/share

Sep 13, 2022

Purchase

GOEV

$797.00K

GOEV at $3.99/share

Aug 12, 2022

Purchase

GOEV

800,000 shares

GOEV

Aug 12, 2022

Received

GOEV

$230.33M

GOEV at $6.53/share

Nov 22, 2021

Purchase

Compensation History

See how much did Tony Aquila make over time.

In 2021, Tony Aquila's total compensation as CEO of Canoo was approximately $688,292. This includes a base salary of $500,000, with no cash bonuses that year. Instead of cash rewards, Aquila's compensation is deeply tied to performance-based stock units (PSUs) that will only vest if specific share price and operational milestones are met. His strategy focuses on aligning the interests of the CEO closely with those of shareholders, aiming for sustainable growth and long-term success for Canoo. In 2022, his compensation shifted to include an estimated 800,000 RSUs tied to the company's goals, further solidifying his stake in the company's trajectory and performance. Aquila's pay structure reflects a commitment to the company’s future rather than immediate cash incentives, emphasizing his investment in Canoo's strategic direction.

Year

2021

Total Compensation

$689.29K

Salary

$500.00K

Board Justification

Canoo's compensation philosophy focuses on aligning executive compensation with shareholder value through performance-based equity awards and responsible cash management.

Bonus

$0.00

Board Justification

No cash bonuses were paid to named executive officers in 2021.

Other

$189.29K

Board Justification

Reimbursement of temporary housing expenses while based in Los Angeles, California.

Restricted Stock

$0.00(0 PSUs and RSUs)

Board Justification

No stock awards vested in 2021 that are included in the total compensation calculation.

Performance Metrics

Performance metrics for compensation are tied to operational milestones and stock price hurdles.

Other Canoo Inc. CEOs

Here are other CEOs of Canoo Inc.

Ulrich Kranz

Ex-CEO of Canoo Inc.

December 2020 - April 2021