Greenlane Renewables Management
Management criteria checks 2/4
Greenlane Renewables' CEO is Brad Douville, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is CA$559.86K, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 3.96% of the company’s shares, worth CA$580.83K. The average tenure of the management team and the board of directors is 0.8 years and 4.9 years respectively.
Key information
Brad Douville
Chief executive officer
CA$559.9k
Total compensation
| CEO salary percentage | 67.0% |
| CEO tenure | less than a year |
| CEO ownership | 4.0% |
| Management average tenure | less than a year |
| Board average tenure | 4.9yrs |
Recent management updates
Recent updates
Greenlane Renewables Inc. (TSE:GRN) Soars 71% But It's A Story Of Risk Vs Reward
Nov 13
Benign Growth For Greenlane Renewables Inc. (TSE:GRN) Underpins Stock's 28% Plummet
Sep 24Greenlane Renewables Inc. (TSE:GRN) Doing What It Can To Lift Shares
Mar 28We're Not Very Worried About Greenlane Renewables' (TSE:GRN) Cash Burn Rate
Sep 28Potential Upside For Greenlane Renewables Inc. (TSE:GRN) Not Without Risk
Jul 05Is Greenlane Renewables Inc. (TSE:GRN) Trading At A 31% Discount?
Oct 28Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 32% Below Their Intrinsic Value Estimate
May 15We're Interested To See How Greenlane Renewables (TSE:GRN) Uses Its Cash Hoard To Grow
Jul 20Greenlane Renewables Inc. (TSE:GRN) Shares Could Be 22% Below Their Intrinsic Value Estimate
May 11Calculating The Fair Value Of Greenlane Renewables Inc. (CVE:GRN)
Jan 15Would Greenlane Renewables (CVE:GRN) Be Better Off With Less Debt?
Dec 20The Greenlane Renewables (CVE:GRN) Share Price Has Soared 419%, Delighting Many Shareholders
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$21m |
| Jun 30 2024 | n/a | n/a | -CA$24m |
| Mar 31 2024 | n/a | n/a | -CA$28m |
| Dec 31 2023 | CA$560k | CA$375k | -CA$30m |
| Sep 30 2023 | n/a | n/a | -CA$13m |
| Jun 30 2023 | n/a | n/a | -CA$8m |
| Mar 31 2023 | n/a | n/a | -CA$6m |
| Dec 31 2022 | CA$746k | CA$375k | -CA$6m |
| Sep 30 2022 | n/a | n/a | -CA$5m |
| Jun 30 2022 | n/a | n/a | -CA$5m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$722k | CA$325k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$2m |
| Dec 31 2020 | CA$464k | CA$275k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$5m |
| Mar 31 2020 | n/a | n/a | -CA$6m |
| Dec 31 2019 | CA$307k | CA$275k | -CA$5m |
| Sep 30 2019 | n/a | n/a | -CA$4m |
| Jun 30 2019 | n/a | n/a | -CA$2m |
| Mar 31 2019 | n/a | n/a | -CA$441k |
| Dec 31 2018 | CA$294k | CA$275k | -CA$232k |
Compensation vs Market: Brad's total compensation ($USD400.54K) is above average for companies of similar size in the Canadian market ($USD169.25K).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
CEO
Brad Douville (54 yo)
less than a year
Tenure
CA$559,861
Compensation
Mr. Brad Douville has been the Chief Executive Officer of Greenlane Renewables Inc. since August 23, 2024 and also serves as its Director. He had been Chief Executive Officer at Greenlane Renewables Inc.,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$559.86k | 3.96% CA$ 580.8k | |
| President & Director | 1.3yrs | CA$757.72k | no data | |
| Chief Financial Officer | 2.3yrs | CA$400.46k | 0.065% CA$ 9.5k | |
| Chief Operating Officer | less than a year | CA$391.70k | no data | |
| Vice President of Technology | less than a year | CA$325.22k | 0.0036% CA$ 523.1 | |
| Director of Finance | no data | no data | no data | |
| VP of Supply Chain & Strategic Sourcing | no data | no data | no data | |
| Vice President of Sales & Marketing of North America | no data | no data | no data |
0.8yrs
Average Tenure
Experienced Management: GRN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.4yrs | CA$559.86k | 3.96% CA$ 580.8k | |
| President & Director | 1.3yrs | CA$757.72k | no data | |
| Independent Director | 6.8yrs | CA$114.50k | 1.96% CA$ 287.5k | |
| Lead Independent Director | 4.3yrs | CA$90.00k | 0.054% CA$ 8.0k | |
| Independent Chairman of the Board | 6.8yrs | CA$182.00k | 2.92% CA$ 428.4k | |
| Independent Director | 4.4yrs | CA$95.00k | 0.034% CA$ 5.0k |
4.9yrs
Average Tenure
55yo
Average Age
Experienced Board: GRN's board of directors are considered experienced (4.9 years average tenure).