TILT Holdings Management

Management criteria checks 1/4

TILT Holdings' CEO is Tim Conder, appointed in Apr 2023, has a tenure of 1.75 years. total yearly compensation is $616.50K, comprised of 38.2% salary and 61.8% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth CA$19.48K. The average tenure of the management team and the board of directors is 3 years and 1.8 years respectively.

Key information

Tim Conder

Chief executive officer

US$616.5k

Total compensation

CEO salary percentage38.2%
CEO tenure1.8yrs
CEO ownership0.5%
Management average tenure3yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Would TILT Holdings (CSE:TILT) Be Better Off With Less Debt?

Jun 16
Would TILT Holdings (CSE:TILT) Be Better Off With Less Debt?

TILT Holdings Inc.'s (CSE:TILT) About To Shift From Loss To Profit

May 12
TILT Holdings Inc.'s (CSE:TILT) About To Shift From Loss To Profit

These Analysts Think TILT Holdings Inc.'s (CSE:TILT) Earnings Are Under Threat

Feb 18
These Analysts Think TILT Holdings Inc.'s (CSE:TILT) Earnings Are Under Threat

Is TILT Holdings (CSE:TILT) Using Too Much Debt?

Feb 12
Is TILT Holdings (CSE:TILT) Using Too Much Debt?

TILT Holdings Inc.'s (CSE:TILT) Has Found A Path To Profitability

Jan 08
TILT Holdings Inc.'s (CSE:TILT) Has Found A Path To Profitability

TILT Holdings' (CSE:TILT) Shareholders Are Down 32% On Their Shares

Nov 25
TILT Holdings' (CSE:TILT) Shareholders Are Down 32% On Their Shares

CEO Compensation Analysis

How has Tim Conder's remuneration changed compared to TILT Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$80m

Jun 30 2024n/an/a

-US$76m

Mar 31 2024n/an/a

-US$67m

Dec 31 2023US$617kUS$236k

-US$62m

Sep 30 2023n/an/a

-US$114m

Jun 30 2023n/an/a

-US$121m

Mar 31 2023n/an/a

-US$101m

Dec 31 2022n/an/a

-US$107m

Sep 30 2022n/an/a

-US$54m

Jun 30 2022n/an/a

-US$38m

Mar 31 2022n/an/a

-US$30m

Dec 31 2021n/an/a

-US$35m

Sep 30 2021n/an/a

-US$60m

Jun 30 2021n/an/a

-US$63m

Mar 31 2021n/an/a

-US$73m

Dec 31 2020US$300kUS$275k

-US$52m

Sep 30 2020n/an/a

-US$28m

Jun 30 2020n/an/a

-US$111k

Mar 31 2020n/an/a

-US$40m

Dec 31 2019US$512kUS$250k

-US$122m

Compensation vs Market: Tim's total compensation ($USD616.50K) is above average for companies of similar size in the Canadian market ($USD164.68K).

Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.


CEO

Tim Conder (41 yo)

1.8yrs

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

NamePositionTenureCompensationOwnership
Tim Conder
CEO & Director1.8yrsUS$616.50k0.50%
CA$ 19.5k
Brad Hoch
Chief Accounting Officer & Interim CFO2.1yrsUS$300.00k0.036%
CA$ 1.4k
Lynn Ricci
Head of Investor Relations & Communications3yrsno datano data
Mark Higgins
General Counsel4yrsno datano data
Cristina De Tomasi
Head of Corporate Developmentno datano datano data
Amy Larson
Head of Marketing & Communicationsno datano datano data
Darryl Henderson
Head of Human Resources3.8yrsno datano data
Tom Hayden
Head of Information Technologyno datano datano data
Sean Harrison
Head of Cannabis Processingno datano datano data
Chris Frost
Head of Revenue & Procurementno datano datano data
Oggie Fitzpatrick
Head of Research & Development3yrsno datano data
Patrick Mitchell
Head of Inhalation & Accessories3yrsno datano data

3.0yrs

Average Tenure

47.5yo

Average Age

Experienced Management: TILT's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tim Conder
CEO & Director5.3yrsUS$616.50k0.50%
CA$ 19.5k
John Barravecchia
Independent Director4.8yrsUS$171.38k0.93%
CA$ 36.3k
George Odden
Independent Director1.8yrsUS$144.12k0.63%
CA$ 24.7k
Arthur Smuck
Independent Chairman1.6yrsUS$117.63k0.63%
CA$ 24.7k
Marshall Horowitz
Directorless than a yearUS$952.63kno data

1.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: TILT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 04:42
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

TILT Holdings Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aaron GreyAlliance Global Partners
Robert BurlesonCanaccord Genuity