LAZRQ · Luminar Technologies, Inc./DE · Executive Compensation
Going-concern doubt
— flagged Mar 27, 2026
Substantial doubt about the company's ability to continue as a going concern.
“management has concluded that as a result of the Chapter 11 Cases, substantial doubt exists about the Company's ability to continue as a going concern for 12 months following the issuance of the financial statements. The Company's accompanying consolidated financial statements do not include any adjustments that might result from the wind-down of the Company, including the disposition of the proceeds and the disposition of the Company's remaining assets to eligible claim holders.”View the 10-K filed Mar 27, 2026
Market Cap
$1.44M
Shares
78.57M
Volume
—
Avg daily vol (3M)
—
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Thomas J. Fennimore | Chief Financial Officer | $4,925,096 |
| Alan Prescott | Former Chief Legal Officer and Secretary | $3,904,098 |
| Austin Russell | Former President and Chief Executive Officer | $497,253 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Thomas J. Fennimore | Chief Financial Officer | $2,843,142 |
| Alan Prescott | Chief Legal Officer and Secretary | $2,131,097 |
| Austin Russell | President and Chief Executive Officer | $734,499 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Austin Russell | President and Chief Executive Officer | $94,392,486 |
| Thomas J. Fennimore | Chief Financial Officer | $6,834,751 |
| Alan Prescott | Chief Legal Officer and Secretary | $6,734,751 |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Jason Eichenholz | Chief Technology Officer | $30,573,431 |
| Alan Prescott | Chief Legal Officer and Secretary | $29,713,513 |
| Thomas J. Fennimore | Chief Financial Officer | $8,487,242 |
| M. Scott Faris | Former Chief Business Officer | $3,987,792 |
| Austin Russell | President and Chief Executive Officer | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Thomas J. Fennimore | Chief Financial Officer | $2,485,634 |
| M. Scott Faris | Former Chief Business Officer | $961,748 |
| Austin Russell | President and Chief Executive Officer | $330,841 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| M. Scott Faris | Former Chief Business Officer | $300,000 |
| Austin Russell | President and Chief Executive Officer | $175,000 |
| Thomas J. Fennimore | Chief Financial Officer | — |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Daniel D. Tempesta | director | Resigned | 2026-04-07 |
| liquidation trustee of the liquidating trust | sole officer, director, or manager of the Debtors | Appointed | 2026-04-07 |
| Matthew J. Simoncini | director | Resigned | 2026-04-07 |
| Shaun Maguire | director | Resigned | 2026-04-07 |
| Dominick Schiano | director | Resigned | 2026-04-07 |
| Katharine A. Martin | director | Resigned | 2026-04-07 |
| Mary Lou Jepsen | director | Resigned | 2026-04-07 |
| Alec E. Gores | director | Resigned | 2026-04-07 |
| Patricia Ferrari | director | Resigned | 2026-04-07 |
| Elizabeth Abrams | director | Resigned | 2026-04-07 |
| Austin Russell | director | Resigned | 2026-04-07 |
| Paul Ricci | director | Resigned | 2026-04-07 |
| Thomas Beaudoin | Chief Financial Officer | Resigned | 2026-04-07 |
| Paul Ricci | Chief Executive Officer | Resigned | 2026-04-07 |
| Elizabeth Abrams | Board of Directors | Appointed | 2025-11-13 |
| Patricia Ferrari | Board of Directors | Appointed | 2025-11-13 |
| Elizabeth Abrams | Class II director | Appointed | 2025-11-13 |
| Patricia Ferrari | Class I director | Appointed | 2025-11-13 |
| Thomas Beaudoin | Chief Financial Officer | Appointed | 2025-11-13 |
| Thomas J. Fennimore | Chief Financial Officer | Resigned | 2025-10-31 |
| Matthew J. Simoncini | Class II director | Appointed | 2025-07-08 |
| Daniel D. Tempesta | Class II director | Appointed | 2025-07-08 |
| Alec E. Gores | Class II director | Appointed | 2025-07-08 |
| Jun Hong Heng | director | Resigned | 2025-05-15 |
| Thomas J. Fennimore | interim principal executive officer | Appointed | 2025-05-15 |
Leadership
- Mr. Austin Russell CEO
- Paul Ricci CEO, Board Member
- Thomas Beaudoin CFO
- Jason Eichenholz CTO
- Alec E. Gores Board Member
- Austin Russell Board Member
- Daniel D. Tempesta Board Member
- Dominick Schiano Board Member
- Dr. Mary Lou Jepsen Board Member
- Elizabeth Abrams Board Member
- Jun Hong Heng Board Member
- Katharine A. Martin Board Member
- Katharine Martin Board Member
- Mary Lou Jepsen, PhD Board Member
- Matthew J. Simoncini Board Member
- Patricia Ferrari Board Member
- Shaun Maguire Board Member