TILT Holdings Management
Management criteria checks 1/4
TILT Holdings' CEO is Tim Conder, appointed in Apr 2023, has a tenure of 1.08 years. total yearly compensation is $616.50K, comprised of 38.2% salary and 61.8% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth CA$66.10K. The average tenure of the management team and the board of directors is 2.3 years and 1.3 years respectively.
Key information
Tim Conder
Chief executive officer
US$616.5k
Total compensation
| CEO salary percentage | 38.2% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.3yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Would TILT Holdings (CSE:TILT) Be Better Off With Less Debt?
Jun 16
TILT Holdings Inc.'s (CSE:TILT) About To Shift From Loss To Profit
May 12These Analysts Think TILT Holdings Inc.'s (CSE:TILT) Earnings Are Under Threat
Feb 18
Is TILT Holdings (CSE:TILT) Using Too Much Debt?
Feb 12TILT Holdings Inc.'s (CSE:TILT) Has Found A Path To Profitability
Jan 08TILT Holdings' (CSE:TILT) Shareholders Are Down 32% On Their Shares
Nov 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$617k | US$236k | -US$62m |
| Sep 30 2023 | n/a | n/a | -US$114m |
| Jun 30 2023 | n/a | n/a | -US$121m |
| Mar 31 2023 | n/a | n/a | -US$101m |
| Dec 31 2022 | n/a | n/a | -US$107m |
| Sep 30 2022 | n/a | n/a | -US$54m |
| Jun 30 2022 | n/a | n/a | -US$38m |
| Mar 31 2022 | n/a | n/a | -US$30m |
| Dec 31 2021 | n/a | n/a | -US$35m |
| Sep 30 2021 | n/a | n/a | -US$60m |
| Jun 30 2021 | n/a | n/a | -US$63m |
| Mar 31 2021 | n/a | n/a | -US$73m |
| Dec 31 2020 | US$300k | US$275k | -US$52m |
| Sep 30 2020 | n/a | n/a | -US$28m |
| Jun 30 2020 | n/a | n/a | -US$111k |
| Mar 31 2020 | n/a | n/a | -US$40m |
| Dec 31 2019 | US$512k | US$250k | -US$122m |
Compensation vs Market: Tim's total compensation ($USD616.50K) is above average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Conder (40 yo)
1.1yrs
Tenure
US$616,504
Compensation
Mr. Tim Conder serves as Director at TILT Holdings Inc. since October 10, 2019 and had been its Interim Chief Executive Officer since April 21, 2023 until September 26, 2023 also serves as it's Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.1yrs | US$616.50k | 0.38% $ 66.1k | |
| Chief Accounting Officer & Interim CFO | 1.4yrs | US$300.00k | 0.037% $ 6.4k | |
| Chief Revenue Officer | 1.9yrs | US$266.55k | 0.056% $ 9.8k | |
| Head of Investor Relations & Communications | 2.3yrs | no data | no data | |
| General Counsel | 3.3yrs | no data | no data | |
| Head of Corporate Development | no data | no data | no data | |
| Head of Marketing & Communications | no data | no data | no data | |
| Head of Human Resources | 3.1yrs | no data | no data | |
| Head of Information Technology | no data | no data | no data | |
| Head of Cannabis Processing | no data | no data | no data | |
| Head of Revenue & Procurement | no data | no data | no data | |
| Head of Research & Development | 2.3yrs | no data | no data |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: TILT's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | US$616.50k | 0.38% $ 66.1k | |
| Independent Director | 4.1yrs | US$171.38k | 0.78% $ 135.7k | |
| Independent Director | 1.2yrs | US$144.12k | 0.48% $ 83.3k | |
| Independent Chairman | less than a year | US$117.63k | 0.48% $ 83.3k | |
| Independent Director | 1.3yrs | US$147.47k | 0.48% $ 83.3k |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Board: TILT's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.