Cronos Group Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Mike Gorenstein (35 yo)

7.17yrs

Tenure

US$389,147

Compensation

Mr. Michael Ryan Gorenstein, also known as Mike, J.D., serves as the Chairman of Cronos Group Inc. since March 21, 2022 and served as its Executive Chairman since September 09, 2020 until March 21, 2022 an...


CEO Compensation Analysis

How has Mike Gorenstein's remuneration changed compared to Cronos Group's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

-US$223m

Jun 30 2022n/an/a

-US$109m

Mar 31 2022n/an/a

-US$267m

Dec 31 2021US$389kUS$380k

-US$396m

Sep 30 2021n/an/a

-US$373m

Jun 30 2021n/an/a

-US$381m

Mar 31 2021n/an/a

-US$310m

Dec 31 2020US$486kUS$469k

-US$72m

Sep 30 2020n/an/a

US$101m

Jun 30 2020n/an/a

US$636m

Mar 31 2020n/an/a

US$929m

Dec 31 2019US$11mUS$319k

US$1b

Sep 30 2019n/an/a

US$1b

Jun 30 2019n/an/a

US$479m

Mar 31 2019n/an/a

US$293m

Dec 31 2018US$647kUS$206k

-US$21m

Sep 30 2018n/an/a

-US$8m

Jun 30 2018n/an/a

-US$1m

Mar 31 2018n/an/a

-US$2m

Dec 31 2017US$2mUS$206k

-US$1m

Sep 30 2017n/an/a

US$1m

Jun 30 2017n/an/a

US$364k

Mar 31 2017n/an/a

-US$1m

Dec 31 2016US$666kUS$130k

-US$886k

Compensation vs Market: Mike's total compensation ($USD389.15K) is below average for companies of similar size in the Canadian market ($USD1.45M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Gorenstein
President0.83yrUS$389.15k2.52%
$ 31.6m
Shannon Buggy
Senior VP & Global Head of People2.17yrsUS$563.81k0.0070%
$ 87.7k
Anna Shlimak
Senior Vice President of Corporate Affairs & Strategy2.92yrsUS$652.03k0.015%
$ 191.8k
James Holm
Chief Financial Officer0.17yrno datano data
Carlos Cortez
VP, Controller & Principal Accounting Officer1.58yrsno data0.00075%
$ 9.4k
Shayne Laidlaw
Director of Investor Relations & Strategy3yrsno datano data
Terry Doucet
Senior VP of Legal & Regulatory Affairs and Corporate Secretary0.75yrno data0.0012%
$ 14.9k
Jeffrey Jacobson
Chief Growth Officerno dataUS$141.11k0.047%
$ 586.6k
Arye Weigensberg
Head of Research & Development1.25yrsno data0.0019%
$ 23.3k

1.4yrs

Average Tenure

36yo

Average Age

Experienced Management: CRON's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Gorenstein
President7.17yrsUS$389.15k2.52%
$ 31.6m
James Rudyk
Independent Lead Director5yrsUS$171.46k0.0096%
$ 119.6k
Murray Garnick
Independent Director3.83yrsno datano data
Jody Begley
Independent Director3.33yrsno datano data
Kendrick Ashton
Independent Director1.58yrsUS$159.50kno data
Jason Adler
Independent Director6.5yrsUS$159.50k2.46%
$ 30.8m
Heather Newman
Independent Director4yrsno datano data

4.0yrs

Average Tenure

50yo

Average Age

Experienced Board: CRON's board of directors are considered experienced (4 years average tenure).