PlantX Life Management
Management criteria checks 3/4
PlantX Life's CEO is Lorne Rapkin, appointed in Aug 2021, has a tenure of 2.75 years. total yearly compensation is CA$289.48K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth CA$1.02K. The average tenure of the management team and the board of directors is 2.8 years and 3.4 years respectively.
Key information
Lorne Rapkin
Chief executive officer
CA$289.5k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.8yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$10m |
| Sep 30 2023 | n/a | n/a | -CA$14m |
| Jun 30 2023 | n/a | n/a | -CA$15m |
| Mar 31 2023 | CA$289k | CA$289k | -CA$19m |
| Dec 31 2022 | n/a | n/a | -CA$41m |
| Sep 30 2022 | n/a | n/a | -CA$45m |
| Jun 30 2022 | n/a | n/a | -CA$50m |
| Mar 31 2022 | CA$284k | CA$284k | -CA$55m |
| Dec 31 2021 | n/a | n/a | -CA$41m |
| Sep 30 2021 | n/a | n/a | -CA$42m |
| Jun 30 2021 | n/a | n/a | -CA$38m |
| Mar 31 2021 | CA$502k | CA$311k | -CA$28m |
Compensation vs Market: Lorne's total compensation ($USD211.61K) is about average for companies of similar size in the Canadian market ($USD175.44K).
Compensation vs Earnings: Lorne's compensation has increased whilst the company is unprofitable.
CEO
Lorne Rapkin (40 yo)
2.8yrs
Tenure
CA$289,479
Compensation
Mr. Lorne Rapkin, CPA, CA, LPA, serves as Director at Veg House Holdings Inc. since March 2023. He has been the Chief Executive Officer at Plantx Life Inc. (formerly, Vegaste Technologies Corp. and Winston...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | CA$289.48k | 0.12% CA$ 1.0k | |
| Chief Financial Officer | 2.8yrs | CA$165.00k | 0.00018% CA$ 1.5 | |
| Chief Operating Officer | 2.8yrs | CA$116.06k | 0.00073% CA$ 6.3 | |
| Chief Marketing Officer & Director | 3.8yrs | CA$177.36k | 0.084% CA$ 722.3 | |
| Founder | no data | no data | no data | |
| Chief Culinary Officer | 3.1yrs | no data | no data |
2.8yrs
Average Tenure
40yo
Average Age
Experienced Management: VEGA's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.8yrs | CA$289.48k | 0.12% CA$ 1.0k | |
| Chief Marketing Officer & Director | 3.3yrs | CA$177.36k | 0.084% CA$ 722.3 | |
| Independent Chairman | 3.3yrs | no data | 0.0013% CA$ 11.3 | |
| Member of Special Advisors Board | 3.8yrs | no data | no data | |
| Independent Director | 7.4yrs | CA$36.00k | 0.0030% CA$ 25.9 | |
| Member of Medical Advisory Board | 3.4yrs | no data | no data | |
| Member of Medical Advisory Board | 3.4yrs | no data | no data | |
| Member of Medical Advisory Board | 3.4yrs | no data | no data | |
| Member of Medical Advisory Board | 3.4yrs | no data | no data | |
| Member of Medical Advisory Board | 3.4yrs | no data | no data | |
| Chairman of the Advisory Board | 3.3yrs | no data | no data | |
| Member of Special Advisors Board | 3.8yrs | no data | no data |
3.4yrs
Average Tenure
42yo
Average Age
Experienced Board: VEGA's board of directors are considered experienced (3.4 years average tenure).