Red Light Holland Management

Management criteria checks 2/4

Red Light Holland's CEO is Todd Shapiro, appointed in May 2020, has a tenure of 3.92 years. directly owns 3.23% of the company’s shares, worth CA$706.55K. The average tenure of the management team and the board of directors is 3 years and 3.6 years respectively.

Key information

Todd Shapiro

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.9yrs
CEO ownership	3.2%
Management average tenure	3yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

We Think Red Light Holland (CSE:TRIP) Can Afford To Drive Business Growth

Dec 03

CEO Compensation Analysis

How has Todd Shapiro's remuneration changed compared to Red Light Holland's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$5m
Sep 30 2023	n/a	n/a	-CA$6m
Jun 30 2023	n/a	n/a	-CA$6m
Mar 31 2023	n/a	n/a	-CA$5m
Dec 31 2022	n/a	n/a	-CA$12m
Sep 30 2022	n/a	n/a	-CA$12m
Jun 30 2022	n/a	n/a	-CA$12m
Mar 31 2022	CA$2m	CA$300k	-CA$14m
Dec 31 2021	n/a	n/a	-CA$7m
Sep 30 2021	n/a	n/a	-CA$6m
Jun 30 2021	n/a	n/a	-CA$4m
Mar 31 2021	CA$365k	CA$149k	-CA$2m

Compensation vs Market: Insufficient data to establish whether Todd's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Todd's compensation has increased whilst the company is unprofitable.

CEO

Todd Shapiro (48 yo)

3.9yrs

Tenure

CA$2,007,622

Compensation

Mr. Todd Michael Shapiro served as Director at Datametrex AI Limited since May 25, 2020. He serves as Member of Advisory Board at The Hash Corporation since July 2021. He has a marketing entrepreneur and b...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Todd Shapiro	Co-Founder	3.9yrs	CA$2.01m	3.23% CA$ 706.5k
David Ascott	Chief Financial Officer	2.4yrs	CA$386.03k	0.0075% CA$ 1.6k
Kyle Appleby	Executive Officer	2.4yrs	CA$136.18k	no data
Sarit Hashkes	Chief Technology Innovation Officer	3yrs	CA$222.70k	no data
Hans Derix	President of RLH Netherlands B.V.	no data	CA$445.90k	no data
Troy Dufour	Senior Vice President of Sales	less than a year	no data	no data
Karim Rashid	Head of Design	3.3yrs	no data	no data
Russell Peters	Chief Creative Officer	no data	no data	no data
Shimshon Posen	Corporate Secretary	3.8yrs	no data	no data

3.0yrs

Average Tenure

Experienced Management: TRIP's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Todd Shapiro	Co-Founder	3.9yrs	CA$2.01m	3.23% CA$ 706.5k
Bruce Linton	Chairman of Advisory Board	no data	no data	no data
Binyomin Posen	Independent Director	5.1yrs	CA$159.08k	0.21% CA$ 46.5k
Ann Barnes	Independent Director	3.9yrs	CA$345.00k	0.95% CA$ 207.4k
Brad Lamb	Independent Chairman	3.8yrs	CA$390.40k	1.53% CA$ 334.7k
Tony Clement	Senior Advisor of Advisory Board	3.8yrs	no data	no data
Graham Pechenik	Senior Advisor of Advisory Board	3.3yrs	no data	no data
Glenn Cowan	Member of Advisory Board	3.1yrs	no data	no data
Akwasi Owusu-Bempah	Member of Advisory Board	1.9yrs	no data	no data
DJ Saul	Member of Advisory Board	2.3yrs	no data	no data
Tim Hunkele	Member of Advisory Board	2.3yrs	no data	no data

3.6yrs

Average Tenure

52yo

Average Age

Experienced Board: TRIP's board of directors are considered experienced (3.6 years average tenure).

Red Light Holland Management

Management criteria checks 2/4

Key information

Recent management updates

Red Light Holland Corp. Announces Departure of Ridley Doolittle as Chief Marketing Officer

Red Light Holland Corp. Appoints Troy Dufour as Senior Vice President of Sales

Red Light Holland Corp., Annual General Meeting, Mar 23, 2023

High number of new and inexperienced directors

Red Light Holland Corp. Engages Akwasi Owusu-Bempah as Advisor to Advisory Board

High number of new and inexperienced directors

Recent updates

New minor risk - Shareholder dilution

Red Light Holland Corp. announced that it has received CAD 0.75 million in funding from Plaza Capital Ltd.

Red Light Holland Corp. announced that it expects to receive CAD 0.75 million in funding

Third quarter 2024 earnings released

Red Light Holland Corp. to Report Q3, 2024 Results on Feb 29, 2024

Red Light Holland Corp. Announces Departure of Ridley Doolittle as Chief Marketing Officer

Second quarter 2024 earnings released

New minor risk - Share price stability

Red Light Holland Corp. Appoints Troy Dufour as Senior Vice President of Sales

Full year 2023 earnings released: CA$0.01 loss per share (vs CA$0.041 loss in FY 2022)

Third quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 3Q 2022)

Red Light Holland Corp., Annual General Meeting, Mar 23, 2023

Second quarter 2023 earnings released: CA$0.003 loss per share (vs CA$0.005 loss in 2Q 2022)

Price target decreased to CA$0.12

High number of new and inexperienced directors

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of 100 acres of farmland in Ontario.

Red Light Holland Corp. Engages Akwasi Owusu-Bempah as Advisor to Advisory Board

Price target decreased to CA$0.12

High number of new and inexperienced directors

Red Light Holland Corp. (CNSX:TRIP) signed a purchase and sales agreement to acquire 100 acres of farmland located at 620 Stewart Line for $1.8 million.

Red Light Holland Corp. Appoints Ridley Doolittle as Chief Marketing Officer

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

High number of new and inexperienced directors

Red Light Holland Corp. Expands iMicrodose Branded Product Offerings and Launches the Sale of All-In-One Mushroom Fruiting Extracts

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of 51% stake in Acadian Exotic Mushrooms from Holburne Mushroom Farm, Mike and Fernando Medeiros.

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of Mera Life Sciences LLC for CAD 2.4 million.

Independent Director recently sold CA$536k worth of stock

Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire a 51% stake in Acadian Exotic Mushrooms from Holburne Mushroom Farm, Mike and Fernando Medeiros.

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of 80% stake in 4316747 Nova Scotia Limited for CAD 0.97 million.

Red Light Holland Corp. (CNSX:TRIP) completed the acquisition of SR Wholesale B.V.

Red Light Holland Corp. Announces Appointment of Glenn Cowan to Advisory Board Joining Chair

Red Light Holland Corp. has completed a Composite Units Offering in the amount of CAD 10.12 million.

Red Light Holland Corp. has completed a Composite Units Offering in the amount of CAD 8.50017 million.

New 90-day high: CA$0.48

Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire Mera Life Sciences LLC.

Red Light Holland Corp. Commences Growing its Second Crop of Approximately 1,000,000 Grams of Magic Truffles Consisting of Three Different Strains, Including Psilocybe Mexicana, Psilocybe Galindoi, and Psilocybe Tampanensis

Red Light Holland Corp. and Disruptive Pharma Announce Intention to Form Joint Venture in Brazil

New 90-day high: CA$0.21

Red Light Holland Corp. Appoints Karim Rashid as Head of Design

We Think Red Light Holland (CSE:TRIP) Can Afford To Drive Business Growth

Red Light Holland and Halo Labs Announce Intention to Enter Oregon Medicinal Psilocybin Market

Red Light Holland Corp. (CNSX:TRIP) entered into a non-binding letter of intent to acquire SR Wholesale B.V.

Red Light Holland Corp. Announces iMicrodose Packs

Red Light Holland Corp. Reaches Distribution Arrangement for iMicrodose Packs with Smartshop Oss

Red Light Holland Reaches Distribution Agreement for iMicrodose Packs with Super Smart

Red Light Holland Corp.'s Science Division, Scarlette Lillie Science and Innovation Secures Jinfiniti Precision Medicine in Order to Explore the Potential Roles that Psilocybin and Truffles Can Play for Age-Related and Psychiatric Disorders

Interrobang Ltd. Reaches Distribution Agreement with Red Light Holland Corp

Imicrodose Packs Announces iMicrodose Packs Are Now Available for Purchase in Stores and Online in the Netherlands Plus Launch Event

Red Light Holland Corp. announced that it has received CAD 5.009829 million in funding

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age