Christina Lake Cannabis Management
Management criteria checks 3/4
Christina Lake Cannabis' CEO is Mark Aiken, appointed in Sep 2022, has a tenure of 2.17 years. total yearly compensation is CA$297.50K, comprised of 84% salary and 16% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth CA$490.13. The average tenure of the management team and the board of directors is 4.1 years and 4 years respectively.
Key information
Mark Aiken
Chief executive officer
CA$297.5k
Total compensation
| CEO salary percentage | 84.0% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.01% |
| Management average tenure | 4.1yrs |
| Board average tenure | 4yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | -CA$3m |
| May 31 2024 | n/a | n/a | -CA$5m |
| Feb 29 2024 | n/a | n/a | -CA$4m |
| Nov 30 2023 | CA$298k | CA$250k | -CA$4m |
| Aug 31 2023 | n/a | n/a | -CA$4m |
| May 31 2023 | n/a | n/a | -CA$3m |
| Feb 28 2023 | n/a | n/a | -CA$2m |
| Nov 30 2022 | CA$145k | CA$113k | -CA$2m |
Compensation vs Market: Mark's total compensation ($USD212.78K) is about average for companies of similar size in the Canadian market ($USD167.57K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Aiken
2.2yrs
Tenure
CA$297,500
Compensation
Mr. Mark Aiken serves as Chief Executive Officer at Christina Lake Cannabis Corp. since September 16, 2022. He served as Vice President of Sales at Plombco Inc. He began his career in sales positions with...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.2yrs | CA$297.50k | 0.011% CA$ 490.1 | |
| Chief Financial Officer | 4.1yrs | CA$178.50k | no data | |
| Head of R&D and Director | no data | CA$15.00k | 0.41% CA$ 18.6k | |
| COO & Director | 4.8yrs | CA$149.97k | 2.07% CA$ 94.9k | |
| Vice President of Sales & Marketing | 4.1yrs | no data | no data | |
| Head of Extraction | no data | CA$96.19k | no data | |
| Corporate Secretary | 3.4yrs | CA$26.50k | no data |
4.1yrs
Average Tenure
Experienced Management: CLC's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of R&D and Director | 3.7yrs | CA$15.00k | 0.41% CA$ 18.6k | |
| COO & Director | 5.8yrs | CA$149.97k | 2.07% CA$ 94.9k | |
| Independent Director | 3.9yrs | CA$15.00k | 9.98% CA$ 458.2k | |
| Director | 6.8yrs | CA$15.00k | 1% CA$ 46.1k | |
| Independent Non-Executive Director | 4.1yrs | CA$15.00k | 2.61% CA$ 119.7k | |
| Independent Chairman | 2.7yrs | CA$11.96k | no data |
4.0yrs
Average Tenure
58yo
Average Age
Experienced Board: CLC's board of directors are considered experienced (4 years average tenure).