Body and Mind Management
Management criteria checks 3/4
Body and Mind's CEO is Mike Mills, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is $287.56K, comprised of 73.9% salary and 26.1% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth CA$2.53K. The average tenure of the management team and the board of directors is 5.6 years and 5 years respectively.
Key information
Mike Mills
Chief executive officer
US$287.6k
Total compensation
| CEO salary percentage | 73.9% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.6yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Apr 30 2024 | n/a | n/a | -US$23m |
| Jan 31 2024 | n/a | n/a | -US$16m |
| Oct 31 2023 | n/a | n/a | -US$17m |
| Jul 31 2023 | US$288k | US$213k | -US$21m |
| Apr 30 2023 | n/a | n/a | -US$29m |
| Jan 31 2023 | n/a | n/a | -US$29m |
| Oct 31 2022 | n/a | n/a | -US$30m |
| Jul 31 2022 | US$478k | US$285k | -US$29m |
| Apr 30 2022 | n/a | n/a | -US$6m |
| Jan 31 2022 | n/a | n/a | -US$4m |
| Oct 31 2021 | n/a | n/a | -US$2m |
| Jul 31 2021 | US$329k | US$160k | -US$2m |
| Apr 30 2021 | n/a | n/a | -US$3m |
| Jan 31 2021 | n/a | n/a | -US$4m |
| Oct 31 2020 | n/a | n/a | -US$4m |
| Jul 31 2020 | US$336k | US$155k | -US$4m |
Compensation vs Market: Mike's total compensation ($USD287.56K) is above average for companies of similar size in the Canadian market ($USD167.57K).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Mills (55 yo)
5.3yrs
Tenure
US$287,564
Compensation
Mr. Michael Mills, also known as Mike, serves as Chief Executive Officer at Body and Mind Inc. since April 30, 2020 and its President since August 21, 2019. Mr. Mills served as the Chairman of the Board of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$287.56k | 0.14% CA$ 2.5k | |
| Chief Financial Officer | 5.3yrs | US$119.55k | 0.094% CA$ 1.7k | |
| COO, Corporate Secretary & Director | 6yrs | US$260.78k | 0.047% CA$ 861.3 | |
| Vice President of Corporate Development | 13.7yrs | no data | no data |
5.6yrs
Average Tenure
52yo
Average Age
Experienced Management: BAMM's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.8yrs | US$287.56k | 0.14% CA$ 2.5k | |
| COO, Corporate Secretary & Director | 4.7yrs | US$260.78k | 0.047% CA$ 861.3 | |
| Director | 1.8yrs | US$2.23k | 4.7% CA$ 85.4k | |
| Independent Director | 5.1yrs | US$16.17k | 0% CA$ 0 | |
| Member of Advisory Board | 12.5yrs | no data | no data | |
| Member of Advisory Board | 12.5yrs | no data | no data | |
| Member of Advisory Board | 12.5yrs | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 3.7yrs | US$8.98k | 0% CA$ 0 |
5.0yrs
Average Tenure
55yo
Average Age
Experienced Board: BAMM's board of directors are considered experienced (5 years average tenure).