TerrAscend Management
Management criteria checks 3/4
TerrAscend's CEO is Ziad Ghanem, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is $1.10M, comprised of 43.7% salary and 56.3% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth CA$107.25K. The average tenure of the management team and the board of directors is 2.8 years and 4.1 years respectively.
Key information
Ziad Ghanem
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 43.7% |
| CEO tenure | 2.9yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.8yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
Is TerrAscend (TSE:TSND) A Risky Investment?
Sep 03
TerrAscend (TSE:TSND) Takes On Some Risk With Its Use Of Debt
Apr 25What You Can Learn From TerrAscend Corp.'s (TSE:TSND) P/SAfter Its 25% Share Price Crash
Mar 10Revenues Tell The Story For TerrAscend Corp. (TSE:TSND) As Its Stock Soars 25%
Jan 24Is TerrAscend (TSE:TSND) A Risky Investment?
Dec 25TerrAscend (TSE:TSND) Is Carrying A Fair Bit Of Debt
Aug 13TerrAscend Corp.'s (CSE:TER) Earnings Haven't Escaped The Attention Of Investors
Jul 03TerrAscend (CSE:TER) Is Making Moderate Use Of Debt
Mar 06Is There An Opportunity With TerrAscend Corp.'s (CSE:TER) 37% Undervaluation?
Dec 21Some Analysts Just Cut Their TerrAscend Corp. (CSE:TER) Estimates
Aug 14Is TerrAscend (CSE:TER) Using Too Much Debt?
Jul 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$93m |
| Jun 30 2024 | n/a | n/a | -US$80m |
| Mar 31 2024 | n/a | n/a | -US$87m |
| Dec 31 2023 | US$1m | US$480k | -US$91m |
| Sep 30 2023 | n/a | n/a | -US$50m |
| Jun 30 2023 | n/a | n/a | -US$342m |
| Mar 31 2023 | n/a | n/a | -US$311m |
| Dec 31 2022 | US$3m | US$412k | -US$304m |
Compensation vs Market: Ziad's total compensation ($USD1.10M) is above average for companies of similar size in the Canadian market ($USD734.12K).
Compensation vs Earnings: Ziad's compensation has been consistent with company performance over the past year.
CEO
Ziad Ghanem (46 yo)
2.9yrs
Tenure
US$1,097,671
Compensation
Mr. Ziad Ghanem has been President of TerrAscend Corp. since January 5, 2022 and has been its Chief Executive Officer since Match 29, 2023. He Joined TerrAscend Corp. on January 5, 2022 and served as its C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7yrs | US$500.00k | 1.6% CA$ 5.0m | |
| President & CEO | 2.9yrs | US$1.10m | 0.035% CA$ 107.3k | |
| Chief Financial Officer | 4.7yrs | US$1.71m | 0.11% CA$ 348.9k | |
| Chief People Officer | 2.6yrs | US$626.46k | 0.0027% CA$ 8.3k | |
| Senior VP & Chief Information Officer | 2.8yrs | no data | no data | |
| Senior Vice President of Marketing | 1.1yrs | no data | no data |
2.8yrs
Average Tenure
52yo
Average Age
Experienced Management: TSND's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7yrs | US$500.00k | 1.6% CA$ 5.0m | |
| Director | 4.1yrs | US$212.00k | 0.50% CA$ 1.5m | |
| Lead Independent Director | 6yrs | US$225.50k | 0.19% CA$ 586.2k | |
| Independent Director | 2yrs | US$225.50k | 0.045% CA$ 140.5k | |
| Independent Director | 2.8yrs | US$212.00k | 0.063% CA$ 196.5k |
4.1yrs
Average Tenure
55yo
Average Age
Experienced Board: TSND's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 12:10 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
TerrAscend Corp. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenric Tyghe | ATB Capital Markets |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Matt Bottomley | Canaccord Genuity |