Flora Growth Management
Management criteria checks 1/4
Flora Growth's CEO is Clifford Starke, appointed in Jun 2023, has a tenure of 1.33 years. total yearly compensation is $628.52K, comprised of 59.1% salary and 40.9% bonuses, including company stock and options. directly owns 10.09% of the company’s shares, worth €2.00M. The average tenure of the management team and the board of directors is 1.3 years and 1.8 years respectively.
Key information
Clifford Starke
Chief executive officer
US$628.5k
Total compensation
| CEO salary percentage | 59.1% |
| CEO tenure | 1.3yrs |
| CEO ownership | 10.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$13m |
| Mar 31 2024 | n/a | n/a | -US$48m |
| Dec 31 2023 | US$629k | US$371k | -US$47m |
| Sep 30 2023 | n/a | n/a | -US$50m |
| Jun 30 2023 | n/a | n/a | -US$57m |
| Mar 31 2023 | n/a | n/a | -US$42m |
| Dec 31 2022 | US$108k | US$7k | -US$46m |
Compensation vs Market: Clifford's total compensation ($USD628.52K) is about average for companies of similar size in the German market ($USD487.78K).
Compensation vs Earnings: Clifford's compensation has increased whilst the company is unprofitable.
CEO
Clifford Starke (40 yo)
1.3yrs
Tenure
US$628,516
Compensation
Mr. Clifford A. Starke serves as Chief Executive Officer of Flora Growth Corp. since June 25, 2023. He served as President of Flora Growth Corp. from December 23, 2022 until June 25, 2023 and serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.3yrs | US$628.52k | 10.09% € 2.0m | |
| Chief Financial Officer | 1.3yrs | US$380.01k | 1.28% € 253.2k | |
| Managing Director | no data | no data | no data | |
| Corporate Secretary | 3.8yrs | no data | no data |
1.3yrs
Average Tenure
39.5yo
Average Age
Experienced Management: 7301's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.8yrs | US$628.52k | 10.09% € 2.0m | |
| Strategic Advisory Board | 3.2yrs | US$272.81k | no data | |
| Independent Director | less than a year | no data | 0.19% € 37.1k | |
| Independent Director | less than a year | no data | no data | |
| Strategic Advisor | 3.8yrs | no data | no data | |
| Independent Director | 1.8yrs | US$99.70k | 0.65% € 128.5k |
1.8yrs
Average Tenure
46yo
Average Age
Experienced Board: 7301's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.