Trulieve Cannabis Management
Management criteria checks 3/4
Trulieve Cannabis' CEO is Kim Rivers, appointed in Sep 2018, has a tenure of 6.17 years. total yearly compensation is $3.36M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 9.82% of the company’s shares, worth CA$159.24M. The average tenure of the management team and the board of directors is 3.3 years and 5.3 years respectively.
Key information
Kim Rivers
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 22.3% |
| CEO tenure | 6.2yrs |
| CEO ownership | 9.8% |
| Management average tenure | 3.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Are Investors Undervaluing Trulieve Cannabis Corp. (CSE:TRUL) By 47%?
Sep 04
Trulieve Cannabis Corp.'s (CSE:TRUL) 28% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 15Trulieve Cannabis Corp.'s (CSE:TRUL) CEO Will Probably Struggle To See A Pay Rise This Year
Jun 06Are Investors Undervaluing Trulieve Cannabis Corp. (CSE:TRUL) By 38%?
May 01Revenues Not Telling The Story For Trulieve Cannabis Corp. (CSE:TRUL) After Shares Rise 26%
Mar 31Is Trulieve Cannabis (CSE:TRUL) A Risky Investment?
Feb 15There's Reason For Concern Over Trulieve Cannabis Corp.'s (CSE:TRUL) Massive 29% Price Jump
Jan 16Calculating The Intrinsic Value Of Trulieve Cannabis Corp. (CSE:TRUL)
Mar 06These 4 Measures Indicate That Trulieve Cannabis (CSE:TRUL) Is Using Debt Extensively
Jan 26Does Trulieve Cannabis (CSE:TRUL) Have A Healthy Balance Sheet?
Aug 07Are Trulieve Cannabis Corp. (CSE:TRUL) Investors Paying Above The Intrinsic Value?
Jul 03These 4 Measures Indicate That Trulieve Cannabis (CSE:TRUL) Is Using Debt Reasonably Well
Mar 21Is Trulieve Cannabis (CSE:TRUL) Using Too Much Debt?
Aug 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$126m |
| Jun 30 2024 | n/a | n/a | -US$90m |
| Mar 31 2024 | n/a | n/a | -US$419m |
| Dec 31 2023 | US$3m | US$750k | -US$431m |
| Sep 30 2023 | n/a | n/a | -US$458m |
| Jun 30 2023 | n/a | n/a | -US$508m |
| Mar 31 2023 | n/a | n/a | -US$185m |
| Dec 31 2022 | US$4m | US$500k | -US$179m |
| Sep 30 2022 | n/a | n/a | -US$185m |
| Jun 30 2022 | n/a | n/a | -US$95m |
| Mar 31 2022 | n/a | n/a | -US$37m |
| Dec 31 2021 | US$8m | US$500k | US$31m |
| Sep 30 2021 | n/a | n/a | US$93m |
| Jun 30 2021 | n/a | n/a | US$91m |
| Mar 31 2021 | n/a | n/a | US$69m |
| Dec 31 2020 | US$1m | US$324k | US$63m |
| Sep 30 2020 | n/a | n/a | -US$19m |
| Jun 30 2020 | n/a | n/a | US$23m |
| Mar 31 2020 | n/a | n/a | US$62m |
| Dec 31 2019 | US$444k | US$291k | US$53m |
| Sep 30 2019 | n/a | n/a | US$128m |
| Jun 30 2019 | n/a | n/a | US$85m |
| Mar 31 2019 | n/a | n/a | US$36m |
| Dec 31 2018 | US$150k | US$150k | US$11m |
Compensation vs Market: Kim's total compensation ($USD3.36M) is above average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Kim's compensation has been consistent with company performance over the past year.
CEO
Kim Rivers (46 yo)
6.2yrs
Tenure
US$3,357,213
Compensation
Ms. Kimberly Rivers, also known as Kim, has been the Chief Executive Officer, President and Director at Harvest Health & Recreation Inc. since October 01, 2021. Ms. Rivers founded Trulieve Cannabis Corp. S...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 6.2yrs | US$3.36m | 9.82% CA$ 159.2m | |
| Chief Legal Officer & Corporate Secretary | 5.8yrs | US$1.17m | 0.0068% CA$ 110.4k | |
| Chief Sales Officer | 5.1yrs | US$1.05m | 0.0094% CA$ 153.1k | |
| Chief Production Officer | 5.1yrs | US$1.00m | 0.016% CA$ 264.7k | |
| VP of Finance | no data | US$594.58k | 0.0055% CA$ 89.4k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | less than a year | no data | 0.031% CA$ 504.0k | |
| VP & Chief Accounting Officer | 1.6yrs | no data | no data | |
| Chief Technology Officer | 3.3yrs | no data | 0.064% CA$ 1.0m | |
| Chief Information Officer | 6.2yrs | US$182.50k | no data | |
| Director of Investor Relations | 3.1yrs | no data | no data | |
| Chief Marketing Officer | 2.8yrs | no data | no data |
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: TRUL's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 9yrs | US$3.36m | 9.82% CA$ 159.2m | |
| Lead Independent Director | 5.3yrs | US$163.74k | 0.0019% CA$ 30.0k | |
| Independent Director | 3.4yrs | US$128.74k | 0.0019% CA$ 30.0k | |
| Independent Director | 4.4yrs | US$140.74k | 0.0049% CA$ 79.5k | |
| Independent Director | 4.4yrs | US$146.24k | 0.0019% CA$ 30.0k | |
| Independent Director | 9yrs | US$128.74k | 7.62% CA$ 123.6m | |
| Independent Director | 7.8yrs | US$128.74k | 0.28% CA$ 4.6m |
5.3yrs
Average Tenure
62yo
Average Age
Experienced Board: TRUL's board of directors are considered experienced (5.3 years average tenure).