Numinus Wellness Management

Management criteria checks 3/4

Numinus Wellness' CEO is Michael Tan, appointed in Jan 2025, has a tenure of less than a year. total yearly compensation is CA$455.00K, comprised of 60.4% salary and 39.6% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth CA$121.62K. The average tenure of the management team and the board of directors is 2.7 years and 4.3 years respectively.

Key information

Michael Tan

Chief executive officer

CA$455.0k

Total compensation

CEO salary percentage60.4%
CEO tenureless than a year
CEO ownership0.8%
Management average tenure2.7yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Positive Sentiment Still Eludes Numinus Wellness Inc. (TSE:NUMI) Following 27% Share Price Slump

Dec 27
Positive Sentiment Still Eludes Numinus Wellness Inc. (TSE:NUMI) Following 27% Share Price Slump

Even With A 83% Surge, Cautious Investors Are Not Rewarding Numinus Wellness Inc.'s (TSE:NUMI) Performance Completely

Nov 10
Even With A 83% Surge, Cautious Investors Are Not Rewarding Numinus Wellness Inc.'s (TSE:NUMI) Performance Completely

Not Many Are Piling Into Numinus Wellness Inc. (TSE:NUMI) Stock Yet As It Plummets 33%

Aug 24
Not Many Are Piling Into Numinus Wellness Inc. (TSE:NUMI) Stock Yet As It Plummets 33%

It's Down 33% But Numinus Wellness Inc. (TSE:NUMI) Could Be Riskier Than It Looks

Jun 08
It's Down 33% But Numinus Wellness Inc. (TSE:NUMI) Could Be Riskier Than It Looks

Market Cool On Numinus Wellness Inc.'s (TSE:NUMI) Revenues Pushing Shares 30% Lower

Apr 17
Market Cool On Numinus Wellness Inc.'s (TSE:NUMI) Revenues Pushing Shares 30% Lower

Slammed 27% Numinus Wellness Inc. (TSE:NUMI) Screens Well Here But There Might Be A Catch

Feb 25
Slammed 27% Numinus Wellness Inc. (TSE:NUMI) Screens Well Here But There Might Be A Catch

After Leaping 30% Numinus Wellness Inc. (TSE:NUMI) Shares Are Not Flying Under The Radar

Jan 05
After Leaping 30% Numinus Wellness Inc. (TSE:NUMI) Shares Are Not Flying Under The Radar

Numinus Wellness Inc.'s (TSE:NUMI) Popularity With Investors Is Clear

Apr 17
Numinus Wellness Inc.'s (TSE:NUMI) Popularity With Investors Is Clear

CEO Compensation Analysis

How has Michael Tan's remuneration changed compared to Numinus Wellness's earnings?
DateTotal CompensationSalaryCompany Earnings
May 31 2024n/an/a

-CA$26m

Feb 29 2024n/an/a

-CA$27m

Nov 30 2023n/an/a

-CA$28m

Aug 31 2023CA$455kCA$275k

-CA$30m

May 31 2023n/an/a

-CA$44m

Feb 28 2023n/an/a

-CA$45m

Nov 30 2022n/an/a

-CA$46m

Aug 31 2022CA$621kCA$219k

-CA$45m

May 31 2022n/an/a

-CA$28m

Feb 28 2022n/an/a

-CA$26m

Nov 30 2021n/an/a

-CA$22m

Aug 31 2021CA$605kCA$223k

-CA$19m

May 31 2021n/an/a

-CA$14m

Feb 28 2021n/an/a

-CA$13m

Nov 30 2020n/an/a

-CA$11m

Aug 31 2020CA$164kCA$164k

-CA$10m

May 31 2020n/an/a

-CA$10m

Feb 29 2020n/an/a

-CA$8m

Nov 30 2019n/an/a

-CA$7m

Aug 31 2019CA$73kCA$73k

-CA$7m

Compensation vs Market: Michael's total compensation ($USD313.00K) is above average for companies of similar size in the Canadian market ($USD162.91K).

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


CEO

Michael Tan

less than a year

Tenure

CA$455,000

Compensation

Mr. Michael Tan, MBA, served as Chief Operating Officer Since May 15, 2020 until January 2025 at Numinus Wellness Inc. and also serves as its Director since May 15, 2020. He joined Numinus Wellness Inc 201...


Leadership Team

NamePositionTenureCompensationOwnership
Payton Nyquvest
Founder & Executive Chair4.8yrsCA$565.00k2.61%
CA$ 420.8k
Michael Tan
CEO & Directorless than a yearCA$455.00k0.75%
CA$ 121.6k
Paul Thielking
Chief Science & Medical Officer2.7yrsCA$531.42k0.0092%
CA$ 1.5k
Reid Robison
Chief Clinical Officer2.7yrsCA$538.76k0.34%
CA$ 54.2k
Melony Valleau
Interim Chief Financial Officerless than a yearno datano data
Ian Noble
Chief Communications Officer3.8yrsno datano data
Lea Bottoni
Vice President of People & Culture3.7yrsno datano data
Judy Varga
Head of Laboratory Operations4.3yrsno datano data
Jason Lapensee
Senior Vice President of Clinic Operations2.1yrsno data0.0031%
CA$ 499.6
Joe Flanders
Vice President of Psychology4yrsno datano data

2.7yrs

Average Tenure

Experienced Management: NUMI's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Payton Nyquvest
Founder & Executive Chair4.8yrsCA$565.00k2.61%
CA$ 420.8k
Michael Tan
CEO & Director4.8yrsCA$455.00k0.75%
CA$ 121.6k
Larry Timlick
Independent Director6.1yrsCA$40.00k0.18%
CA$ 29.1k
Allen Morishita
Independent Director12.9yrsCA$40.00k0.31%
CA$ 49.7k
Jamie Wheal
Member of General Advisory Counsel4.3yrsno datano data
Ben Nemtin
Member of General Advisory Counsel4.3yrsno datano data
Dennis McKenna
Member of General Advisory Counsel4.3yrsno datano data
Pamela Hadfield
Member of General Advisory Counsel4.3yrsno datano data
Nichol Bradford
Member of General Advisory Counsel4.3yrsno datano data
Pam Kryskow
Member of the Clinical Advisory Council4.3yrsno datano data
Gabor Mate
Member of the Clinical Advisory Council4.3yrsno datano data
Zachary Walsh
Member of the Clinical Advisory Council4.3yrsno datano data

4.3yrs

Average Tenure

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


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/01 22:23
End of Day Share Price 2025/01/29 00:00
Earnings2024/05/31
Annual Earnings2023/08/31

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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Numinus Wellness Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullMaxim Group
Michael OkunewitchMaxim Group