High Tide Inc.

TSXV:HITI Stock Report

Mkt Cap: CA$161.8m

High Tide Management

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

3.7yrs

Average management tenure

CEO

Raj Grover (40 yo)

4.92yrs

Tenure

CA$2,217,500

Compensation

Mr. Harkirat Grover also known as Raj, is Founder, Chief Executive Officer, President of High Tide Inc. since February 2018 and serves as its Director since February 08, 2018 and serves as Executive Chairm...

CEO Compensation Analysis

How has Raj Grover's remuneration changed compared to High Tide's earnings?
DateTotal Comp.SalaryCompany Earnings
Jul 31 2022n/an/a

-CA$23m

Apr 30 2022n/an/a

-CA$22m

Jan 31 2022n/an/a

-CA$26m

Oct 31 2021CA$2mCA$330k

-CA$35m

Jul 31 2021n/an/a

-CA$32m

Apr 30 2021n/an/a

-CA$27m

Jan 31 2021n/an/a

-CA$19m

Oct 31 2020CA$521kCA$311k

-CA$6m

Jul 31 2020n/an/a

-CA$20m

Apr 30 2020n/an/a

-CA$28m

Jan 31 2020n/an/a

-CA$26m

Oct 31 2019CA$699kCA$284k

-CA$26m

Jul 31 2019n/an/a

-CA$15m

Apr 30 2019n/an/a

-CA$12m

Jan 31 2019n/an/a

-CA$9m

Oct 31 2018CA$527kCA$255k

-CA$5m

Compensation vs Market: Raj's total compensation ($USD1.66M) is above average for companies of similar size in the Canadian market ($USD171.94K).

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

Leadership Team

NamePositionTenureCompensationOwnership
Harkirat Grover
Founder4.92yrsCA$2.22m8.89%
CA$ 14.4m
Rahim Kanji
Chief Financial Officer3.67yrsCA$640.50k0.0023%
CA$ 3.7k
Aman Sood
Chief Operating Officer1.83yrsCA$574.82k0.0066%
CA$ 10.7k
Andreas-Alexander Palalas
Chief Revenue Officer4.67yrsCA$643.39kno data
Joy Avzar
VP & Legal Counsel2.17yrsno data0.0063%
CA$ 10.2k
Omar Khan
Chief Communications & Public Affairs Officer2yrsno datano data
Sandy Sharma
Vice President of Human Resourcesno datano datano data
Shimshon Posen
Secretary & Treasurer4.08yrsno datano data

3.7yrs

Average Tenure

Experienced Management: HITI's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Harkirat Grover
Founder4.92yrsCA$2.22m8.89%
CA$ 14.4m
Arthur Kwan
Independent Director4.42yrsCA$452.20k0.12%
CA$ 194.5k
Nitin Kaushal
Independent Director4.25yrsCA$452.20k0.059%
CA$ 95.5k
Andrea Elliott
Independent Director2yrsCA$213.00k0.026%
CA$ 41.6k
Christian Sinclair
Independent Director2.17yrsCA$512.29k0.027%
CA$ 43.9k

4.3yrs

Average Tenure

50yo

Average Age

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