Glass House Brands Management
Management criteria checks 3/4
Glass House Brands' CEO is Kyle Kazan, appointed in Jun 2021, has a tenure of 3.92 years. total yearly compensation is $1.51M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 3.09% of the company’s shares, worth $16.12M. The average tenure of the management team and the board of directors is 3.4 years and 3.9 years respectively.
Key information
Kyle Kazan
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 23.90% |
| CEO tenure | 3.9yrs |
| CEO ownership | 3.1% |
| Management average tenure | 3.4yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$7m |
| Dec 31 2024 | n/a | n/a | -US$15m |
| Sep 30 2024 | n/a | n/a | -US$67m |
| Jun 30 2024 | n/a | n/a | -US$67m |
| Mar 31 2024 | n/a | n/a | -US$101m |
| Dec 31 2023 | US$2m | US$360k | -US$117m |
| Sep 30 2023 | n/a | n/a | -US$93m |
| Jun 30 2023 | n/a | n/a | -US$82m |
| Mar 31 2023 | n/a | n/a | -US$70m |
| Dec 31 2022 | US$360k | US$360k | -US$53m |
| Sep 30 2022 | n/a | n/a | -US$53m |
| Jun 30 2022 | n/a | n/a | -US$64m |
| Mar 31 2022 | n/a | n/a | -US$53m |
| Dec 31 2021 | US$5m | US$202k | -US$45m |
Compensation vs Market: Kyle's total compensation ($USD1.51M) is about average for companies of similar size in the Canadian market ($USD1.23M).
Compensation vs Earnings: Kyle's compensation has increased whilst the company is unprofitable.
CEO
Kyle Kazan
3.9yrs
Tenure
US$1,506,000
Compensation
Mr. Kyle D. Kazan is a Co-founder, Chairman and CEO since June 2021 at Glass House Brands Inc. (Formerly known as GH Group, Inc). He is Founder & Chairman of Beach Front Property Management, Inc. He served...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 3.9yrs | US$1.51m | 3.09% $ 16.1m | |
| Co-founder | 3.9yrs | US$505.50k | 2.16% $ 11.3m | |
| Chief Financial Officer | 3.7yrs | US$978.00k | 0.36% $ 1.9m | |
| General Counsel & Corporate Secretary | 2.6yrs | US$450.00k | 0.18% $ 960.3k | |
| Chief Revenue Officer | 3yrs | US$462.00k | 0.22% $ 1.1m | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Vice President of Sales | 3.2yrs | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| VP & Corporate Controller | 3.7yrs | no data | no data |
3.4yrs
Average Tenure
Experienced Management: GLAS.A.U's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 3.9yrs | US$1.51m | 3.09% $ 16.1m | |
| Co-founder | 3.9yrs | US$505.50k | 2.16% $ 11.3m | |
| Independent Director | 1yr | no data | 0.021% $ 109.0k | |
| Director | less than a year | US$26.77k | 0.067% $ 350.6k | |
| Independent Director | 3.9yrs | US$52.16k | 0.68% $ 3.6m | |
| Independent Director | 3.9yrs | US$62.84k | 0.091% $ 475.9k | |
| Independent Director | 3.9yrs | US$50.00k | 0.067% $ 350.8k | |
| Independent Director | 1.5yrs | US$8.02k | 0.030% $ 154.1k |
3.9yrs
Average Tenure
56yo
Average Age
Experienced Board: GLAS.A.U's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/16 09:39 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Glass House Brands Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Luke Hannan | Canaccord Genuity |
| Andrew Semple | Ventum Financial Corp |