Cresco Labs Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Charlie Bachtell
Chief executive officer
US$999.9k
Total compensation
| CEO salary percentage | 45.0% |
| CEO tenure | 5.4yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.8yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Cresco Labs Inc. (CSE:CL) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$5.41
Mar 16
Investors Don't See Light At End Of Cresco Labs Inc.'s (CSE:CL) Tunnel And Push Stock Down 32%
Mar 03Cresco Labs (CSE:CL) Seems To Be Using A Lot Of Debt
Jan 26Risks To Shareholder Returns Are Elevated At These Prices For Cresco Labs Inc. (CSE:CL)
Jan 04Is Cresco Labs (CSE:CL) Using Too Much Debt?
Sep 22Some Confidence Is Lacking In Cresco Labs Inc. (CSE:CL) As Shares Slide 33%
Aug 11Cresco Labs (CSE:CL) Has A Somewhat Strained Balance Sheet
Jan 25Are Investors Undervaluing Cresco Labs Inc. (CSE:CL) By 24%?
Dec 13We Think Cresco Labs (CSE:CL) Is Taking Some Risk With Its Debt
Aug 22Estimating The Intrinsic Value Of Cresco Labs Inc. (CSE:CL)
May 23Cresco Labs Inc. (CSE:CL) Analysts Are Way More Bearish Than They Used To Be
Mar 24Estimating The Fair Value Of Cresco Labs Inc. (CSE:CL)
Feb 02Cresco Labs Inc. (CSE:CL) Shares Could Be 41% Below Their Intrinsic Value Estimate
Oct 27Cresco Labs (CSE:CL) Takes On Some Risk With Its Use Of Debt
Oct 06Cresco Labs Inc. (CSE:CL) Just Reported Annual Earnings And Analysts Are Lifting Their Estimates
Mar 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$176m |
| Sep 30 2023 | n/a | n/a | -US$339m |
| Jun 30 2023 | n/a | n/a | -US$234m |
| Mar 31 2023 | n/a | n/a | -US$211m |
| Dec 31 2022 | US$1m | US$450k | -US$212m |
| Sep 30 2022 | n/a | n/a | -US$65m |
| Jun 30 2022 | n/a | n/a | -US$326m |
| Mar 31 2022 | n/a | n/a | -US$318m |
| Dec 31 2021 | US$1m | US$450k | -US$320m |
| Sep 30 2021 | n/a | n/a | -US$360m |
| Jun 30 2021 | n/a | n/a | -US$73m |
| Mar 31 2021 | n/a | n/a | -US$105m |
| Dec 31 2020 | US$538k | US$450k | -US$102m |
| Sep 30 2020 | n/a | n/a | -US$76m |
| Jun 30 2020 | n/a | n/a | -US$98m |
| Mar 31 2020 | n/a | n/a | -US$64m |
| Dec 31 2019 | US$676k | US$350k | -US$43m |
| Sep 30 2019 | n/a | n/a | -US$20m |
| Jun 30 2019 | n/a | n/a | -US$14m |
| Mar 31 2019 | n/a | n/a | -US$12m |
| Dec 31 2018 | US$924k | US$350k | -US$2m |
| Sep 30 2018 | n/a | n/a | US$460k |
| Jun 30 2018 | n/a | n/a | US$1m |
| Mar 31 2018 | n/a | n/a | US$957k |
| Dec 31 2017 | US$188k | US$188k | -US$3m |
Compensation vs Market: Charlie's total compensation ($USD999.85K) is below average for companies of similar size in the Canadian market ($USD1.77M).
Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.
CEO
Charlie Bachtell (44 yo)
5.4yrs
Tenure
US$999,850
Compensation
Mr. Charles Bachtell, also known as Charlie, serves as Co-Founder and Chief Executive Officer at Cresco Labs Inc. (formerly known as Cresco Labs, LLC) and has been its Director since November 2018. Mr. Bac...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$999.85k | 0.58% $ 7.3m | |
| Co-Founder & Independent Director | no data | no data | 0.25% $ 3.2m | |
| Chief Financial Officer | 3.8yrs | US$622.85k | 0.057% $ 710.9k | |
| President & Chief Transformation Officer | less than a year | no data | 0.024% $ 294.9k | |
| Chief Operating Officer | 3.2yrs | no data | no data | |
| Chief Information Officer | no data | no data | 0.036% $ 445.3k | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| General Counsel | 5.8yrs | no data | 0.027% $ 341.6k | |
| Chief Communications Officer | 5.4yrs | no data | 0.081% $ 1.0m | |
| Chief People Officer | 4.8yrs | no data | 0.018% $ 226.5k | |
| Senior VP of Operations | no data | no data | no data | |
| Executive Vice President of Operations | 6.3yrs | no data | no data |
4.8yrs
Average Tenure
45yo
Average Age
Experienced Management: CL's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.4yrs | US$999.85k | 0.58% $ 7.3m | |
| Co-Founder & Independent Director | 5.4yrs | no data | 0.25% $ 3.2m | |
| Independent Director | 3.8yrs | no data | 0.032% $ 396.8k | |
| Independent Director | 5.4yrs | no data | 0.099% $ 1.2m | |
| Independent Director | 4.3yrs | no data | 45.72% $ 573.0m | |
| Independent Director | 5.4yrs | no data | 0.11% $ 1.4m | |
| Chairman of the Board | 5.4yrs | US$800.05k | 0.067% $ 842.5k | |
| Independent Director | 3yrs | no data | 0.031% $ 389.5k | |
| Independent Director | 3.8yrs | no data | 0.0057% $ 72.1k | |
| Independent Director | 5.4yrs | no data | 0.018% $ 230.9k |
5.4yrs
Average Tenure
66yo
Average Age
Experienced Board: CL's board of directors are considered experienced (5.4 years average tenure).