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Freshlocal Solutions Management
Management criteria checks 1/4
Key information
Simon Cairns
Chief executive officer
CA$115.4k
Total compensation
| CEO salary percentage | 5.0% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 01 2022 | n/a | n/a | -CA$31m |
| Oct 02 2021 | CA$115k | CA$6k | -CA$39m |
Compensation vs Market: Simon's total compensation ($USD88.33K) is below average for companies of similar size in the Canadian market ($USD191.58K).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
CEO
Simon Cairns (51 yo)
less than a year
Tenure
CA$115,380
Compensation
Mr. Simon Cairns serves as Chief Executive Officer of Freshlocal Solutions Inc. since December 14, 2021 and its Director since March 30, 2022. He serves as President at Food-X Technologies Inc. since Sep...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$115.38k | no data | |
| Executive Vice President of Transformation | less than a year | CA$330.21k | 1.46% CA$ 106.1k | |
| Chief Executive Officer of Blush Lane Organic Produce Ltd | no data | CA$93.66k | 0.45% CA$ 33.0k | |
| CFO & Corporate Secretary | less than a year | no data | no data |
0.4yrs
Average Tenure
Experienced Management: LOCL's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$115.38k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | CA$37.94k | 1.55% CA$ 112.3k | |
| Independent Chairman of the Board | less than a year | no data | no data | |
| Independent Director | 1.3yrs | CA$28.28k | no data |
0.6yrs
Average Tenure
Experienced Board: LOCL's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.