Verano Holdings Management
Management criteria checks 1/4
Verano Holdings' CEO is George Archos, appointed in Feb 2021, has a tenure of 4.25 years. total yearly compensation is $1.73M, comprised of 27.5% salary and 72.5% bonuses, including company stock and options. directly owns 7.47% of the company’s shares, worth €19.08M. The average tenure of the management team and the board of directors is 1.9 years and 2.8 years respectively.
Key information
George Archos
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 27.5% |
| CEO tenure | 4.3yrs |
| CEO ownership | 7.5% |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$2m | US$475k | -US$342m |
| Sep 30 2024 | n/a | n/a | -US$146m |
| Jun 30 2024 | n/a | n/a | -US$122m |
| Mar 31 2024 | n/a | n/a | -US$113m |
| Dec 31 2023 | US$2m | US$475k | -US$117m |
| Sep 30 2023 | n/a | n/a | -US$256m |
| Jun 30 2023 | n/a | n/a | -US$281m |
| Mar 31 2023 | n/a | n/a | -US$278m |
| Dec 31 2022 | US$2m | US$475k | -US$269m |
| Sep 30 2022 | n/a | n/a | -US$60m |
| Jun 30 2022 | n/a | n/a | -US$30m |
| Mar 31 2022 | n/a | n/a | -US$50m |
| Dec 31 2021 | US$16m | US$375k | -US$58m |
| Sep 30 2021 | n/a | n/a | -US$135m |
| Jun 30 2021 | n/a | n/a | -US$35m |
| Mar 31 2021 | n/a | n/a | US$10m |
| Dec 31 2020 | US$556k | US$475k | US$38m |
Compensation vs Market: George's total compensation ($USD1.73M) is above average for companies of similar size in the German market ($USD822.40K).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Archos (45 yo)
4.3yrs
Tenure
US$1,729,980
Compensation
Mr. George P. Archos is a Founder of Verano Holdings Corp. and has been its Chairman, Chief Executive Officer and Director since February 11, 2021. He served as Co-Founder, Chairman and Chief Executive Off...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.3yrs | US$1.73m | 7.47% € 19.1m | |
| President | 1.9yrs | US$1.62m | 0.17% € 428.0k | |
| Chief Legal Officer | 1.9yrs | US$1.48m | 0.057% € 145.6k | |
| President of Southern Region & Director | 1.9yrs | US$1.65m | 0.91% € 2.3m | |
| Co-Founder & Chief Growth Officer | no data | no data | no data | |
| Chief Financial Officer | less than a year | no data | 0.039% € 100.4k | |
| Chief Operating Officer | 1.9yrs | no data | 0.038% € 96.4k | |
| Chief Investment Officer | 3.9yrs | no data | 0.058% € 148.0k | |
| Chief Marketing Officer | 4yrs | no data | 0.040% € 101.1k | |
| Chief People Officer | 3.6yrs | no data | 0.039% € 99.7k |
1.9yrs
Average Tenure
45yo
Average Age
Experienced Management: 76U0's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 4.3yrs | US$1.73m | 7.47% € 19.1m | |
| President of Southern Region & Director | 1.8yrs | US$1.65m | 0.91% € 2.3m | |
| Independent Director | 2.8yrs | US$184.99k | 0.031% € 80.4k | |
| Independent Director | 4.3yrs | US$184.99k | 0.029% € 73.0k | |
| Independent Director | 1.8yrs | US$174.99k | 0.010% € 26.2k |
2.8yrs
Average Tenure
61yo
Average Age
Experienced Board: 76U0's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/08 11:13 |
| End of Day Share Price | 2025/05/08 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
|
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| 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.
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 Github.
Analyst Sources
Verano Holdings Corp. is covered by 12 analysts. 9 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 |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Russell Stanley | Beacon Securities Limited |