Trulieve Cannabis Management
Management criteria checks 3/4
Trulieve Cannabis' CEO is Kim Rivers, appointed in Sep 2018, has a tenure of 5.67 years. total yearly compensation is $3.36M, comprised of 22.3% salary and 77.7% bonuses, including company stock and options. directly owns 9.15% of the company’s shares, worth CA$254.83M. The average tenure of the management team and the board of directors is 2.8 years and 4.4 years respectively.
Key information
Kim Rivers
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 22.3% |
| CEO tenure | 5.7yrs |
| CEO ownership | 9.2% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Are Investors Undervaluing Trulieve Cannabis Corp. (CSE:TRUL) By 38%?
May 01
Revenues 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 16With EPS Growth And More, Trulieve Cannabis (CSE:TRUL) Is Interesting
Jun 08Is Trulieve Cannabis (CSE:TRUL) Using Too Much Debt?
Apr 07Did Trulieve Cannabis Corp. (CSE:TRUL) Insiders Sell Shares?
Mar 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$477m |
| Jun 30 2023 | n/a | n/a | -US$527m |
| Mar 31 2023 | n/a | n/a | -US$205m |
| 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 ($USD2.27M).
Compensation vs Earnings: Kim's compensation has been consistent with company performance over the past year.
CEO
Kim Rivers (44 yo)
5.7yrs
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 | 5.7yrs | US$3.36m | 9.15% $ 254.8m | |
| Chief Legal Officer & Corporate Secretary | 5.3yrs | US$1.17m | 0.010% $ 280.4k | |
| Chief Sales Officer | 4.6yrs | US$1.05m | 0.0095% $ 265.4k | |
| Chief Production Officer | 4.6yrs | US$1.00m | 0.014% $ 402.7k | |
| VP of Finance | no data | US$594.58k | 0.0056% $ 155.1k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| VP & Chief Accounting Officer | 1.1yrs | no data | no data | |
| Chief Technology Officer | 2.8yrs | no data | no data | |
| Chief Information Officer | 5.7yrs | US$182.50k | no data | |
| Director of Investor Relations | 2.6yrs | no data | no data | |
| Chief Marketing Officer | 2.3yrs | no data | no data |
2.8yrs
Average Tenure
50yo
Average Age
Experienced Management: TRUL's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.5yrs | US$3.36m | 9.15% $ 254.8m | |
| Lead Independent Director | 4.8yrs | US$163.74k | 0.0019% $ 51.8k | |
| Independent Director | 2.9yrs | US$128.74k | 0.0019% $ 51.8k | |
| Independent Director | 3.9yrs | US$140.74k | 0.0050% $ 137.9k | |
| Independent Director | 3.9yrs | US$146.24k | 0.0019% $ 51.8k | |
| Independent Director | 2.9yrs | US$128.74k | 0.0059% $ 163.5k | |
| Independent Director | 8.5yrs | US$128.74k | 7.7% $ 214.4m | |
| Independent Director | 7.3yrs | US$128.74k | 0.28% $ 7.9m |
4.4yrs
Average Tenure
62yo
Average Age
Experienced Board: TRUL's board of directors are considered experienced (4.4 years average tenure).