Avicanna Management

Management criteria checks 1/4

Avicanna's CEO is Aras Azadian, appointed in Jan 2016, has a tenure of 8.42 years. total yearly compensation is CA$485.78K, comprised of 33.1% salary and 66.9% bonuses, including company stock and options. directly owns 3.64% of the company’s shares, worth CA$924.02K. The average tenure of the management team and the board of directors is 1.5 years and 4.3 years respectively.

Key information

Aras Azadian

Chief executive officer

CA$485.8k

Total compensation

CEO salary percentage33.1%
CEO tenure8.4yrs
CEO ownership3.6%
Management average tenure1.5yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

It's Down 35% But Avicanna Inc. (TSE:AVCN) Could Be Riskier Than It Looks

May 24
It's Down 35% But Avicanna Inc. (TSE:AVCN) Could Be Riskier Than It Looks

Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Apr 05
Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Here's Why Avicanna (TSE:AVCN) Can Afford Some Debt

Apr 18
Here's Why Avicanna (TSE:AVCN) Can Afford Some Debt

CEO Compensation Analysis

How has Aras Azadian's remuneration changed compared to Avicanna's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-CA$7m

Dec 31 2023n/an/a

-CA$9m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023n/an/a

-CA$14m

Mar 31 2023n/an/a

-CA$16m

Dec 31 2022CA$486kCA$161k

-CA$15m

Sep 30 2022n/an/a

-CA$16m

Jun 30 2022n/an/a

-CA$16m

Mar 31 2022n/an/a

-CA$15m

Dec 31 2021CA$244kCA$127k

-CA$17m

Sep 30 2021n/an/a

-CA$24m

Jun 30 2021n/an/a

-CA$29m

Mar 31 2021n/an/a

-CA$34m

Dec 31 2020CA$358kCA$110k

-CA$33m

Sep 30 2020n/an/a

-CA$25m

Jun 30 2020n/an/a

-CA$24m

Mar 31 2020n/an/a

-CA$21m

Dec 31 2019CA$608kCA$240k

-CA$22m

Sep 30 2019n/an/a

-CA$18m

Jun 30 2019n/an/a

-CA$14m

Mar 31 2019n/an/a

-CA$11m

Dec 31 2018CA$150kCA$150k

-CA$7m

Sep 30 2018n/an/a

-CA$5m

Dec 31 2017CA$180kCA$150k

-CA$3m

Compensation vs Market: Aras's total compensation ($USD356.23K) is above average for companies of similar size in the Canadian market ($USD176.99K).

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


CEO

Aras Azadian

8.4yrs

Tenure

CA$485,778

Compensation

Mr. Aras Azadian, M. Mgmt, Msc Management, B.Econ, MBA, is a Co-Founder of Avicanna Inc. He serves as Chief Executive Officer and Director since November 25, 2016 of Avicanna Inc. and served as its Chairma...


Leadership Team

NamePositionTenureCompensationOwnership
Aras Azadian
Co-Founder8.4yrsCA$485.78k3.64%
CA$ 924.0k
Phillip Cardella
Chief Financial Officer1.5yrsCA$265.80k0.46%
CA$ 117.6k
Frantz Devedec
Executive Vice President of Research & Developmentno dataCA$227.33kno data
Stephen Kim
Chief Legal Officer & General Counsel of Avicanna USA Inc.1.5yrsCA$423.34kno data
Arash Moghani
Executive Vice President of Operations & Technologyno datano datano data
Ingrid Diaz
VP, Assistant General Counsel & Corporate Compliance Officerless than a yearno datano data
Ivana Maric
Executive Vice President of Marketingno datano datano data
Enric Pujol
Vice President of Peopleno datano datano data
Carlos Enrique Muete
SVP of Clinical Developmentno datano datano data
Karolina Urban
Executive Vice President of Scientific & Medical Affairsless than a yearno datano data

1.5yrs

Average Tenure

Experienced Management: AVCN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Aras Azadian
Co-Founder7.6yrsCA$485.78k3.64%
CA$ 924.0k
Sheldon Inwentash
Member of Business Advisory Boardno datano data5.57%
CA$ 1.4m
Daniel Sauder
Member of Global Scientific Advisory Boardno datano datano data
Giancarlo Char
Director5.7yrsCA$94.48k0.24%
CA$ 60.7k
Aline Masuda
Member of Business Advisory Boardno datano datano data
Mauricio Torres-Pradilla
Member of Global Scientific Advisory Boardno datano datano data
Humberto Reynales
Member of International Scientific Advisory Boardno datano datano data
Max Jones
Member of Global Scientific Advisory Boardno datano datano data
John McVicar
Independent Director3yrsCA$97.10k0.28%
CA$ 71.9k
Eileen McCormack
Independent Director2.4yrsCA$75.98k0.072%
CA$ 18.4k
Ori Tal
Member of Business Advisory Boardno datano datano data
Al Harrington
Member of Business Advisory Boardno datano datano data

4.3yrs

Average Tenure

Experienced Board: AVCN's board of directors are considered experienced (4.3 years average tenure).


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