Greenlane Renewables Management
Management criteria checks 3/4
Greenlane Renewables' CEO is Brad Douville, appointed in Aug 2024, has a tenure of less than a year. total yearly compensation is CA$559.86K, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 4.09% of the company’s shares, worth €380.33K. The average tenure of the management team and the board of directors is 0.3 years and 5.5 years respectively.
Key information
Brad Douville
Chief executive officer
CA$559.9k
Total compensation
| CEO salary percentage | 67.0% |
| CEO tenure | less than a year |
| CEO ownership | 4.1% |
| Management average tenure | less than a year |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$21m |
| Jun 30 2024 | n/a | n/a | -CA$24m |
| Mar 31 2024 | n/a | n/a | -CA$28m |
| Dec 31 2023 | CA$560k | CA$375k | -CA$30m |
| Sep 30 2023 | n/a | n/a | -CA$13m |
| Jun 30 2023 | n/a | n/a | -CA$8m |
| Mar 31 2023 | n/a | n/a | -CA$6m |
| Dec 31 2022 | CA$746k | CA$375k | -CA$6m |
| Sep 30 2022 | n/a | n/a | -CA$5m |
| Jun 30 2022 | n/a | n/a | -CA$5m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$722k | CA$325k | -CA$2m |
| Sep 30 2021 | n/a | n/a | -CA$2m |
| Jun 30 2021 | n/a | n/a | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$2m |
| Dec 31 2020 | CA$464k | CA$275k | -CA$2m |
| Sep 30 2020 | n/a | n/a | -CA$2m |
| Jun 30 2020 | n/a | n/a | -CA$5m |
| Mar 31 2020 | n/a | n/a | -CA$6m |
| Dec 31 2019 | CA$307k | CA$275k | -CA$5m |
| Sep 30 2019 | n/a | n/a | -CA$4m |
| Jun 30 2019 | n/a | n/a | -CA$2m |
| Mar 31 2019 | n/a | n/a | -CA$441k |
| Dec 31 2018 | CA$294k | CA$275k | -CA$232k |
Compensation vs Market: Brad's total compensation ($USD389.58K) is about average for companies of similar size in the German market ($USD469.36K).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
CEO
Brad Douville (54 yo)
less than a year
Tenure
CA$559,861
Compensation
Mr. Brad Douville has been the Chief Executive Officer of Greenlane Renewables Inc. since August 23, 2024 and also serves as its Director. He had been Chief Executive Officer at Greenlane Renewables Inc.,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$559.86k | 4.09% € 380.3k | |
| Chief Financial Officer | 2.4yrs | CA$400.46k | 0% € 0 | |
| Chief Operating Officer | less than a year | CA$391.70k | no data | |
| Vice President of Technology | less than a year | CA$325.22k | 0.0036% € 331.0 | |
| General Counsel | less than a year | no data | no data | |
| Director of Finance | no data | no data | 0.045% € 4.2k |
0.3yrs
Average Tenure
Experienced Management: 52G's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5.5yrs | CA$559.86k | 4.09% € 380.3k | |
| Independent Director | 6.8yrs | CA$114.50k | 1.96% € 182.1k | |
| Lead Independent Director | 4.4yrs | CA$90.00k | 0.054% € 5.0k | |
| Independent Chairman of the Board | 6.8yrs | CA$182.00k | 2.31% € 215.2k | |
| Independent Director | 4.5yrs | CA$95.00k | 0.034% € 3.2k |
5.5yrs
Average Tenure
55yo
Average Age
Experienced Board: 52G's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:28 |
| End of Day Share Price | 2024/12/23 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
Greenlane Renewables Inc. is covered by 11 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.
| Analyst | Institution |
|---|---|
| Ahmad Shaath | Beacon Securities Limited |
| Yuri Lynk | Canaccord Genuity |
| Nicholas Boychuk | Cormark Securities Inc. |