Lifeist Wellness Management
Management criteria checks 3/4
Lifeist Wellness' CEO is Meni Morim, appointed in Feb 2019, has a tenure of 5.25 years. total yearly compensation is CA$437.50K, comprised of 80% salary and 20% bonuses, including company stock and options. directly owns 0.79% of the company’s shares, worth CA$23.54K. The average tenure of the management team and the board of directors is 5.9 years and 5 years respectively.
Key information
Meni Morim
Chief executive officer
CA$437.5k
Total compensation
| CEO salary percentage | 80.0% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Lacklustre Performance Is Driving Lifeist Wellness Inc.'s (CVE:LFST) 50% Price Drop
Mar 19
Lacklustre Performance Is Driving Lifeist Wellness Inc.'s (CVE:LFST) 33% Price Drop
Feb 03Lifeist Wellness Inc. (CVE:LFST) Stock Rockets 50% As Investors Are Less Pessimistic Than Expected
Dec 20Sentiment Still Eluding Lifeist Wellness Inc. (CVE:LFST)
Apr 17If You Had Bought Namaste Technologies' (CVE:N) Shares Three Years Ago You Would Be Down 89%
Jan 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | -CA$13m |
| Nov 30 2023 | n/a | n/a | -CA$14m |
| Aug 31 2023 | n/a | n/a | -CA$16m |
| May 31 2023 | n/a | n/a | -CA$16m |
| Feb 28 2023 | n/a | n/a | -CA$18m |
| Nov 30 2022 | CA$438k | CA$350k | -CA$19m |
| Aug 31 2022 | n/a | n/a | -CA$14m |
| May 31 2022 | n/a | n/a | -CA$18m |
| Feb 28 2022 | n/a | n/a | -CA$19m |
| Nov 30 2021 | CA$451k | CA$350k | -CA$22m |
| Aug 31 2021 | n/a | n/a | -CA$25m |
| May 31 2021 | n/a | n/a | -CA$27m |
| Feb 28 2021 | n/a | n/a | -CA$26m |
| Nov 30 2020 | CA$502k | CA$380k | -CA$26m |
| Aug 31 2020 | n/a | n/a | -CA$50m |
| May 31 2020 | n/a | n/a | -CA$56m |
| Feb 29 2020 | n/a | n/a | -CA$60m |
| Nov 30 2019 | CA$579k | CA$579k | -CA$63m |
| Aug 31 2019 | n/a | n/a | -CA$47m |
| May 31 2019 | n/a | n/a | -CA$41m |
| Feb 28 2019 | n/a | n/a | -CA$40m |
| Nov 30 2018 | CA$62k | CA$77k | -CA$33m |
Compensation vs Market: Meni's total compensation ($USD317.98K) is above average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Meni's compensation has been consistent with company performance over the past year.
CEO
Meni Morim
5.3yrs
Tenure
CA$437,500
Compensation
Mr. Meni Morim serves as Chief Executive Officer and Director at Lifeist Wellness Inc. (formerly known as Namaste Technologies Inc.) since August 25, 2019. Mr. Morim served as Chief Product Officer at Life...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.3yrs | CA$437.50k | 0.79% CA$ 23.5k | |
| Interim CFO & Director | less than a year | no data | no data | |
| Chief Technology Officer | 7.5yrs | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Advisory Consultant | 5.9yrs | no data | no data | |
| Advisory Consultant | 5.9yrs | no data | no data |
5.9yrs
Average Tenure
Experienced Management: LFST's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.8yrs | CA$437.50k | 0.79% CA$ 23.5k | |
| Interim CFO & Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 6.2yrs | CA$107.00k | 0.64% CA$ 19.1k | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | 5yrs | no data | no data | |
| Independent Director | 6.2yrs | CA$90.00k | 0.51% CA$ 15.3k |
5.0yrs
Average Tenure
Experienced Board: LFST's board of directors are considered experienced (5 years average tenure).