Green Thumb Industries Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Ben Kovler
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 11yrs |
| CEO ownership | 6.2% |
| Management average tenure | 2yrs |
| Board average tenure | 2yrs |
Recent management updates
Recent updates
Here's Why Green Thumb Industries (CSE:GTII) Can Manage Its Debt Responsibly
Nov 10
Green Thumb Industries Inc.'s (CSE:GTII) P/S Is On The Mark
Sep 15Green Thumb Industries Inc. Just Recorded A 174% EPS Beat: Here's What Analysts Are Forecasting Next
May 11Green Thumb Industries Inc. (CSE:GTII) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Apr 12Green Thumb Industries Inc.'s (CSE:GTII) Intrinsic Value Is Potentially 53% Above Its Share Price
Mar 28Does Green Thumb Industries (CSE:GTII) Have A Healthy Balance Sheet?
Feb 29Subdued Growth No Barrier To Green Thumb Industries Inc.'s (CSE:GTII) Price
Dec 19Is Green Thumb Industries (CSE:GTII) Using Too Much Debt?
Aug 31Green Thumb Industries (CSE:GTII) Takes On Some Risk With Its Use Of Debt
May 28These 4 Measures Indicate That Green Thumb Industries (CSE:GTII) Is Using Debt Reasonably Well
Feb 27With EPS Growth And More, Green Thumb Industries (CSE:GTII) Makes An Interesting Case
Feb 05Green Thumb Industries (CSE:GTII) Seems To Use Debt Quite Sensibly
Nov 27If EPS Growth Is Important To You, Green Thumb Industries (CSE:GTII) Presents An Opportunity
Oct 17Is Green Thumb Industries (CSE:GTII) Using Too Much Debt?
Aug 09With EPS Growth And More, Green Thumb Industries (CSE:GTII) Makes An Interesting Case
Jul 19Does Green Thumb Industries (CSE:GTII) Have A Healthy Balance Sheet?
Apr 23Earnings Tell The Story For Green Thumb Industries Inc. (CSE:GTII)
Mar 03Green Thumb Industries (CSE:GTII) Has A Pretty Healthy Balance Sheet
Dec 24These 4 Measures Indicate That Green Thumb Industries (CSE:GTII) Is Using Debt Reasonably Well
Sep 18Here's Why Green Thumb Industries Inc.'s (CSE:GTII) CEO May Deserve A Raise
Jun 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$64m |
| Jun 30 2024 | n/a | n/a | US$66m |
| Mar 31 2024 | n/a | n/a | US$58m |
| Dec 31 2023 | US$2m | US$345k | US$36m |
| Sep 30 2023 | n/a | n/a | -US$18m |
| Jun 30 2023 | n/a | n/a | -US$19m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$2m | US$345k | US$12m |
| Sep 30 2022 | n/a | n/a | US$86m |
| Jun 30 2022 | n/a | n/a | US$96m |
| Mar 31 2022 | n/a | n/a | US$94m |
| Dec 31 2021 | US$2m | US$345k | US$75m |
| Sep 30 2021 | n/a | n/a | US$75m |
| Jun 30 2021 | n/a | n/a | US$65m |
| Mar 31 2021 | n/a | n/a | US$30m |
| Dec 31 2020 | US$2m | US$308k | US$15m |
| Sep 30 2020 | n/a | n/a | -US$22m |
| Jun 30 2020 | n/a | n/a | -US$46m |
| Mar 31 2020 | n/a | n/a | -US$54m |
| Dec 31 2019 | US$4m | US$295k | -US$59m |
| Sep 30 2019 | n/a | n/a | -US$46m |
| Jun 30 2019 | n/a | n/a | -US$35m |
| Mar 31 2019 | n/a | n/a | -US$13m |
| Dec 31 2018 | US$2m | US$312k | -US$5m |
Compensation vs Market: Ben's total compensation ($USD1.82M) is about average for companies of similar size in the Canadian market ($USD2.06M).
Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.
CEO
Ben Kovler (45 yo)
11yrs
Tenure
US$1,822,722
Compensation
Mr. Benjamin Kovler, also known as Ben, serves as Chairman and Interim CEO at Agrify Corporation since November 2024. He Founded Green Thumb Industries Inc. in 2014 and has been its Chairman and Director s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11yrs | US$1.82m | 6.17% CA$ 147.2m | |
| President & Director | 2yrs | US$1.78m | 1.72% CA$ 41.0m | |
| Chief Financial Officer | 2yrs | US$1.73m | 0.26% CA$ 6.1m | |
| General Counsel & Secretary | 2yrs | US$1.46m | 0.17% CA$ 4.0m | |
| Chief Administrative Officer | 2yrs | no data | no data | |
| EVP of Capital Markets & Investor Relations | 4.8yrs | US$322.98k | 1.09% CA$ 26.0m | |
| Vice President of Communications | no data | no data | no data | |
| Senior VP of National Sales | no data | no data | no data | |
| Partner | no data | no data | no data | |
| Corporate Communications Manager | no data | no data | no data | |
| Senior Director of External Communications | no data | no data | no data | |
| Director of Internal Communications | no data | no data | no data |
2.0yrs
Average Tenure
48yo
Average Age
Experienced Management: GTII's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 11yrs | US$1.82m | 6.17% CA$ 147.2m | |
| President & Director | 8yrs | US$1.78m | 1.72% CA$ 41.0m | |
| Independent Director | 1.3yrs | US$62.49k | 0.041% CA$ 976.2k | |
| Director | 2.3yrs | US$249.98k | 0.58% CA$ 13.8m | |
| Independent Director | 2yrs | US$249.98k | 0.015% CA$ 367.3k | |
| Independent Director | 1.8yrs | US$169.63k | 0.00027% CA$ 6.4k | |
| Independent Director | 1.3yrs | US$62.49k | 0.0055% CA$ 130.6k |
2.0yrs
Average Tenure
47yo
Average Age
Experienced Board: GTII's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/15 01:49 |
| End of Day Share Price | 2025/01/15 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
|
|
| 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Green Thumb Industries Inc. is covered by 23 analysts. 11 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 |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Russell Stanley | Beacon Securities Limited |