Nova Cannabis Management
Management criteria checks 2/4
Nova Cannabis' CEO is Marcie Kiziak, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is CA$522.43K, comprised of 55.1% salary and 44.9% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth CA$140.59K. The average tenure of the management team and the board of directors is 2.2 years and 2.2 years respectively.
Key information
Marcie Kiziak
Chief executive officer
CA$522.4k
Total compensation
| CEO salary percentage | 55.1% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Positive Sentiment Still Eludes Nova Cannabis Inc. (TSE:NOVC) Following 26% Share Price Slump
Apr 26
Sentiment Still Eluding Nova Cannabis Inc. (TSE:NOVC)
Feb 29Nova Cannabis (TSE:NOVC) Has A Somewhat Strained Balance Sheet
Jan 24Nova Cannabis Inc.'s (TSE:NOVC) Intrinsic Value Is Potentially 86% Above Its Share Price
Dec 20A Piece Of The Puzzle Missing From Nova Cannabis Inc.'s (TSE:NOVC) Share Price
Jul 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$3m |
| Sep 30 2023 | n/a | n/a | -CA$2m |
| Jun 30 2023 | n/a | n/a | -CA$6m |
| Mar 31 2023 | n/a | n/a | -CA$8m |
| Dec 31 2022 | CA$522k | CA$288k | -CA$11m |
| Sep 30 2022 | n/a | n/a | -CA$12m |
| Jun 30 2022 | n/a | n/a | -CA$16m |
| Mar 31 2022 | n/a | n/a | -CA$22m |
| Dec 31 2021 | CA$418k | CA$245k | -CA$21m |
Compensation vs Market: Marcie's total compensation ($USD380.63K) is above average for companies of similar size in the Canadian market ($USD175.62K).
Compensation vs Earnings: Marcie's compensation has been consistent with company performance over the past year.
CEO
Marcie Kiziak (42 yo)
2.2yrs
Tenure
CA$522,433
Compensation
Mrs. Marcie Catherine Kiziak served as Chief Operating Officer at Nova Cannabis Inc. since March 22, 2021 until March 2022 and serves as its President and Chief Executive Officer since March 31, 2022. She...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.2yrs | CA$522.43k | 0.18% CA$ 140.6k | |
| CFO & Corporate Secretary | 2.2yrs | no data | no data | |
| Vice President of Operations | 1.2yrs | CA$290.60k | 0.045% CA$ 36.0k |
2.2yrs
Average Tenure
Experienced Management: NOVC's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.2yrs | CA$522.43k | 0.18% CA$ 140.6k | |
| Independent Director | 5.9yrs | CA$93.75k | 0.079% CA$ 63.1k | |
| Chairman | 2.2yrs | no data | no data | |
| Lead Independent Director | 2.2yrs | CA$56.46k | no data | |
| Independent Director | 2.2yrs | CA$56.46k | no data | |
| Independent Director | 2.2yrs | CA$56.46k | no data | |
| Independent Director | 2.2yrs | CA$56.46k | no data |
2.2yrs
Average Tenure
51yo
Average Age
Experienced Board: NOVC's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.