Heritage Cannabis Holdings Management
Management criteria checks 1/4
Heritage Cannabis Holdings' CEO is David Schwede, appointed in Aug 2021, has a tenure of 2.75 years. directly owns 4.84% of the company’s shares, worth CA$245.92K. The average tenure of the management team and the board of directors is 2.9 years and 2.8 years respectively.
Key information
David Schwede
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 2.8yrs |
| CEO ownership | 4.8% |
| Management average tenure | 2.9yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 50% Share Price Slump
Mar 27
Positive Sentiment Still Eludes Heritage Cannabis Holdings Corp. (CSE:CANN) Following 33% Share Price Slump
Feb 11Investors Continue Waiting On Sidelines For Heritage Cannabis Holdings Corp. (CSE:CANN)
Dec 18Heritage Cannabis Holdings (CSE:CANN) Has Debt But No Earnings; Should You Worry?
Sep 16Heritage Cannabis Holdings Corp. (CSE:CANN) Looks Inexpensive After Falling 33% But Perhaps Not Attractive Enough
Jul 22Is Heritage Cannabis Holdings (CSE:CANN) Using Too Much Debt?
Jun 15Heritage Cannabis Holdings (CSE:CANN) Is Carrying A Fair Bit Of Debt
Aug 11Is Heritage Cannabis Holdings (CSE:CANN) A Risky Investment?
Aug 24Can You Imagine How Elated Heritage Cannabis Holdings' (CSE:CANN) Shareholders Feel About Its 775% Share Price Gain?
Mar 03Is Heritage Cannabis Holdings (CSE:CANN) Weighed On By Its Debt Load?
Jan 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2023 | n/a | n/a | -CA$20m |
| Jul 31 2023 | n/a | n/a | -CA$33m |
| Apr 30 2023 | n/a | n/a | -CA$35m |
| Jan 31 2023 | n/a | n/a | -CA$33m |
| Oct 31 2022 | CA$220k | CA$220k | -CA$24m |
| Jul 31 2022 | n/a | n/a | -CA$40m |
| Apr 30 2022 | n/a | n/a | -CA$44m |
| Jan 31 2022 | n/a | n/a | -CA$48m |
| Oct 31 2021 | CA$183k | CA$183k | -CA$57m |
Compensation vs Market: Insufficient data to establish whether David's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Schwede
2.8yrs
Tenure
CA$220,068
Compensation
Mr. David Werner-Paul Schwede has been a Director of Heritage Cannabis Holdings Corp. since February 8, 2019. He has been the President and Chief Executive Officer of Heritage Cannabis Holdings Corp. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | CA$220.07k | 4.84% CA$ 245.9k | |
| Interim Chief Financial Officer | less than a year | no data | 0.25% CA$ 12.6k | |
| Chief Operating Officer | 1.3yrs | no data | 4.62% CA$ 234.5k | |
| Head of Quality & Compliance | 3.1yrs | no data | no data | |
| Vice President of Sales | 3.6yrs | no data | no data | |
| Chief Commercial Officer | 3.3yrs | no data | 4.27% CA$ 216.9k |
2.9yrs
Average Tenure
Experienced Management: CANN's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.8yrs | CA$220.07k | 4.84% CA$ 245.9k | |
| Director | less than a year | CA$67.80k | 0.49% CA$ 24.9k | |
| Director | 1.6yrs | CA$276.85k | no data | |
| Member of Advisory Board | 6.3yrs | no data | no data | |
| Member of Advisory Board | 6.3yrs | no data | no data | |
| Advisor to the Board | 2.8yrs | no data | no data | |
| Director | less than a year | CA$11.30k | 0.059% CA$ 3.0k |
2.8yrs
Average Tenure
Experienced Board: CANN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.