CareRx Management
Management criteria checks 1/4
CareRx's CEO is Puneet Khanna, appointed in May 2023, has a tenure of less than a year. total yearly compensation is CA$1.30M, comprised of 28.5% salary and 71.5% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth CA$14.83K. The average tenure of the management team and the board of directors is 3.9 years and 2.9 years respectively.
Key information
Puneet Khanna
Chief executive officer
CA$1.3m
Total compensation
| CEO salary percentage | 28.5% |
| CEO tenure | less than a year |
| CEO ownership | 0.01% |
| Management average tenure | 3.9yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Does CareRx (TSE:CRRX) Have A Healthy Balance Sheet?
Apr 22
Market Participants Recognise CareRx Corporation's (TSE:CRRX) Revenues Pushing Shares 28% Higher
Mar 17CareRx (TSE:CRRX) Takes On Some Risk With Its Use Of Debt
Oct 19What You Can Learn From CareRx Corporation's (TSE:CRRX) P/S
Aug 22CareRx (TSE:CRRX) Has A Somewhat Strained Balance Sheet
Sep 22These 4 Measures Indicate That CareRx (TSE:CRRX) Is Using Debt Extensively
May 14Here's Why CareRx (TSE:CRRX) Has A Meaningful Debt Burden
Jan 21Is CareRx Corporation's (TSE:CRRX) Shareholder Ownership Skewed Towards Insiders?
Mar 15Trade Alert: The Chairman Emeritus Of CareRx Corporation (TSE:CRRX), Jack Shevel, Has Just Spent CA$850k Buying 9.4% More Shares
Feb 08
Reflecting on CareRx's (TSE:CRRX) Share Price Returns Over The Last Three Years
Dec 29Is CareRx (TSE:CRRX) Using Too Much Debt?
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$1m | CA$371k | -CA$5m |
| Sep 30 2023 | n/a | n/a | -CA$6m |
| Jun 30 2023 | n/a | n/a | -CA$7m |
| Mar 31 2023 | n/a | n/a | -CA$34m |
| Dec 31 2022 | CA$733k | CA$261k | -CA$34m |
| Sep 30 2022 | n/a | n/a | -CA$34m |
| Jun 30 2022 | n/a | n/a | -CA$36m |
| Mar 31 2022 | n/a | n/a | -CA$20m |
| Dec 31 2021 | CA$500k | CA$250k | -CA$23m |
| Sep 30 2021 | n/a | n/a | -CA$21m |
| Jun 30 2021 | n/a | n/a | -CA$24m |
| Mar 31 2021 | n/a | n/a | -CA$29m |
| Dec 31 2020 | CA$346k | CA$42k | -CA$18m |
Compensation vs Market: Puneet's total compensation ($USD951.99K) is above average for companies of similar size in the Canadian market ($USD175.44K).
Compensation vs Earnings: Puneet's compensation has increased whilst the company is unprofitable.
CEO
Puneet Khanna
less than a year
Tenure
CA$1,302,314
Compensation
Mr. Puneet Khanna has been Chief Executive Officer and President at CareRx Corporation since May 31, 2023 and as its Director since June 06, 2023. He was the Chief Operating Officer at CareRx Corporation f...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$1.30m | 0.011% CA$ 14.8k | |
| Chief Financial Officer | 5.5yrs | CA$691.08k | 0.20% CA$ 270.5k | |
| Senior VP of Corporate Development | 6.7yrs | CA$521.03k | 0.083% CA$ 114.1k | |
| Chief People & Culture Officer | 2.3yrs | CA$551.41k | no data | |
| Vice President of Operations Western Canada & Systems Integration | no data | CA$461.11k | 1.42% CA$ 1.9m |
3.9yrs
Average Tenure
Experienced Management: CRRX's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$1.30m | 0.011% CA$ 14.8k | |
| Independent Director | 2.1yrs | CA$117.50k | 0.017% CA$ 22.8k | |
| Independent Chairman of the Board | 7.2yrs | CA$242.00k | 0.094% CA$ 129.0k | |
| Independent Director | less than a year | CA$109.00k | 0.042% CA$ 57.1k | |
| Director | 2.9yrs | CA$90.00k | 0.024% CA$ 32.4k | |
| Director | 4.5yrs | CA$95.00k | 0.053% CA$ 73.0k | |
| Director | 4yrs | CA$120.00k | no data |
2.9yrs
Average Tenure
Experienced Board: CRRX's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.