Green Thumb Industries Management
Management criteria checks 2/4
Green Thumb Industries' CEO is Ben Kovler, appointed in Jan 2014, has a tenure of 10.83 years. total yearly compensation is $1.82M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 6.19% of the company’s shares, worth CA$198.20M. The average tenure of the management team and the board of directors is 1.8 years and 1.8 years respectively.
Key information
Ben Kovler
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 10.8yrs |
| CEO ownership | 6.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.8yrs |
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 |
| Sep 30 2018 | n/a | n/a | -US$7m |
| Jun 30 2018 | n/a | n/a | -US$5m |
| Mar 31 2018 | n/a | n/a | -US$7m |
| Dec 31 2017 | US$349k | US$199k | -US$4m |
Compensation vs Market: Ben's total compensation ($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)
10.8yrs
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 | 10.8yrs | US$1.82m | 6.19% CA$ 198.2m | |
| President & Director | 1.8yrs | US$1.78m | 1.72% CA$ 55.2m | |
| Chief Financial Officer | 1.8yrs | US$1.73m | 0.26% CA$ 8.3m | |
| General Counsel & Secretary | 1.8yrs | US$1.46m | 0.17% CA$ 5.5m | |
| Chief Administrative Officer | 1.8yrs | no data | no data | |
| EVP of Capital Markets & Investor Relations | 4.7yrs | US$322.98k | 1.09% CA$ 35.1m | |
| Vice President of Communications | no data | no data | no data | |
| Senior VP of National Sales | no data | no data | no data | |
| Senior VP of Government & Regulatory Affairs | 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 |
1.8yrs
Average Tenure
50yo
Average Age
Experienced Management: GTII's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 10.8yrs | US$1.82m | 6.19% CA$ 198.2m | |
| President & Director | 7.8yrs | US$1.78m | 1.72% CA$ 55.2m | |
| Independent Director | 1.2yrs | US$62.49k | 0.030% CA$ 952.3k | |
| Director | 2.1yrs | US$249.98k | 0.58% CA$ 18.5m | |
| Independent Director | 1.8yrs | US$249.98k | 0.0099% CA$ 317.2k | |
| Independent Director | 1.6yrs | US$169.63k | 0.0069% CA$ 222.1k | |
| Independent Director | 1.2yrs | US$62.49k | 0.0055% CA$ 176.2k |
1.8yrs
Average Tenure
47yo
Average Age
Experienced Board: GTII's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.