IM Cannabis Management
Management criteria checks 3/4
IM Cannabis' CEO is Oren Shuster, appointed in Oct 2019, has a tenure of 4.58 years. total yearly compensation is CA$808.07K, comprised of 58.9% salary and 41.1% bonuses, including company stock and options. directly owns 13.98% of the company’s shares, worth CA$1.78M. The average tenure of the management team and the board of directors is 3.4 years and 3.3 years respectively.
Key information
Oren Shuster
Chief executive officer
CA$808.1k
Total compensation
| CEO salary percentage | 58.9% |
| CEO tenure | 4.6yrs |
| CEO ownership | 14.0% |
| Management average tenure | 3.4yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Potential Upside For IM Cannabis Corp. (CSE:IMCC) Not Without Risk
Jul 19
Health Check: How Prudently Does IM Cannabis (CSE:IMCC) Use Debt?
Dec 24Don't Ignore The Fact That This Insider Just Sold Some Shares In IM Cannabis Corp. (CSE:IMCC)
Feb 05
What Percentage Of IM Cannabis Corp. (CSE:IMCC) Shares Do Insiders Own?
Jan 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -CA$15m |
| Dec 31 2023 | CA$808k | CA$476k | -CA$9m |
| Sep 30 2023 | n/a | n/a | -CA$15m |
| Jun 30 2023 | n/a | n/a | -CA$17m |
| Mar 31 2023 | n/a | n/a | -CA$16m |
| Dec 31 2022 | CA$2m | CA$506k | -CA$23m |
| Sep 30 2022 | n/a | n/a | -CA$22m |
| Jun 30 2022 | n/a | n/a | -CA$16m |
| Mar 31 2022 | n/a | n/a | -CA$10m |
| Dec 31 2021 | CA$2m | CA$516k | CA$91k |
| Sep 30 2021 | n/a | n/a | -CA$10m |
| Jun 30 2021 | n/a | n/a | -CA$12m |
| Mar 31 2021 | n/a | n/a | -CA$24m |
| Dec 31 2020 | CA$742k | CA$424k | -CA$29m |
| Sep 30 2020 | n/a | n/a | -CA$7m |
| Jun 30 2020 | n/a | n/a | -CA$10m |
| Mar 31 2020 | n/a | n/a | -CA$982k |
| Dec 31 2019 | CA$2m | CA$357k | -CA$7m |
Compensation vs Market: Oren's total compensation ($USD591.15K) is above average for companies of similar size in the Canadian market ($USD175.55K).
Compensation vs Earnings: Oren's compensation has been consistent with company performance over the past year.
CEO
Oren Shuster
4.6yrs
Tenure
CA$808,068
Compensation
Mr. Oren Shuster serves as the Co-owner of IMC Ltd. Mr. Shuster serves as Chief Executive Officer and Director of IM Cannabis Corp. since October 11, 2019. Mr. Shuster is a leading figure in the medical ca...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.6yrs | CA$209.88k | 6.95% CA$ 884.1k | |
| CEO & Director | 4.6yrs | CA$808.07k | 13.98% CA$ 1.8m | |
| Chief Financial Officer | less than a year | CA$325.72k | no data | |
| Chief Executive Officer of Adjupharm | 4.3yrs | CA$293.97k | 0.039% CA$ 5.0k | |
| General Counsel | 1.1yrs | no data | no data |
3.4yrs
Average Tenure
Experienced Management: IMCC's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 4.6yrs | CA$209.88k | 6.95% CA$ 884.1k | |
| CEO & Director | 4.6yrs | CA$808.07k | 13.98% CA$ 1.8m | |
| Independent Director | 1.7yrs | CA$96.66k | no data | |
| Independent Director | 3.3yrs | CA$135.32k | no data | |
| Independent Director | 1.7yrs | CA$93.16k | 0.46% CA$ 58.1k |
3.3yrs
Average Tenure
Experienced Board: IMCC's board of directors are considered experienced (3.3 years average tenure).