Green Thumb Industries Management
Management criteria checks 2/4
Green Thumb Industries' CEO is Ben Kovler, appointed in Jan 2014, has a tenure of 10.33 years. total yearly compensation is $1.82M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 6.17% of the company’s shares, worth €183.55M. The average tenure of the management team and the board of directors is 1.3 years and 1.5 years respectively.
Key information
Ben Kovler
Chief executive officer
US$1.8m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 10.3yrs |
| CEO ownership | 6.2% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$345k | US$36m |
| Sep 30 2023 | n/a | n/a | -US$18m |
| Jun 30 2023 | n/a | n/a | -US$19m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$2m | US$345k | US$12m |
| Sep 30 2022 | n/a | n/a | US$86m |
| Jun 30 2022 | n/a | n/a | US$96m |
| Mar 31 2022 | n/a | n/a | US$94m |
| Dec 31 2021 | US$2m | US$345k | US$75m |
| Sep 30 2021 | n/a | n/a | US$75m |
| Jun 30 2021 | n/a | n/a | US$65m |
| Mar 31 2021 | n/a | n/a | US$30m |
| Dec 31 2020 | US$2m | US$308k | US$15m |
| Sep 30 2020 | n/a | n/a | -US$22m |
| Jun 30 2020 | n/a | n/a | -US$46m |
| Mar 31 2020 | n/a | n/a | -US$54m |
| Dec 31 2019 | US$4m | US$295k | -US$59m |
| Sep 30 2019 | n/a | n/a | -US$46m |
| Jun 30 2019 | n/a | n/a | -US$35m |
| Mar 31 2019 | n/a | n/a | -US$13m |
| Dec 31 2018 | US$2m | US$312k | -US$5m |
| Sep 30 2018 | n/a | n/a | -US$7m |
| Jun 30 2018 | n/a | n/a | -US$5m |
| Mar 31 2018 | n/a | n/a | -US$7m |
| Dec 31 2017 | US$349k | US$199k | -US$4m |
Compensation vs Market: Ben's total compensation ($USD1.82M) is about average for companies of similar size in the German market ($USD2.55M).
Compensation vs Earnings: Ben's compensation has been consistent with company performance over the past year.
CEO
Ben Kovler (44 yo)
10.3yrs
Tenure
US$1,822,722
Compensation
Mr. Benjamin Kovler, also known as Ben, Founded Green Thumb Industries Inc. in 2014 and has been its Chairman and Director since 2014. Mr. Kovler has been the Chief Executive Officer of Green Thumb Industr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 10.3yrs | US$1.82m | 6.17% $ 183.5m | |
| President & Director | 1.3yrs | US$1.78m | 1.72% $ 51.1m | |
| Chief Financial Officer | 1.3yrs | US$1.73m | 0.13% $ 3.9m | |
| Chief Administrative Officer | 1.3yrs | no data | no data | |
| EVP of Capital Markets & Investor Relations | 4.2yrs | US$322.98k | 1.09% $ 32.3m | |
| General Counsel & Secretary | 1.3yrs | US$1.46m | 0.17% $ 5.1m | |
| Vice President of Communications | no data | no data | no data | |
| Senior VP of National Sales | no data | no data | no data | |
| Senior VP of Government & Regulatory Affairs | no data | no data | no data | |
| Partner | no data | no data | no data | |
| Corporate Communications Manager | no data | no data | no data | |
| Senior Director of External Communications | no data | no data | no data |
1.3yrs
Average Tenure
49yo
Average Age
Experienced Management: R9U2's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 10.3yrs | US$1.82m | 6.17% $ 183.5m | |
| President & Director | 7.3yrs | US$1.78m | 1.72% $ 51.1m | |
| Non-Executive Director | 9.3yrs | US$299.98k | 0.89% $ 26.6m | |
| Independent Director | less than a year | US$62.49k | 0.033% $ 991.9k | |
| Director | 1.6yrs | US$249.98k | 0.72% $ 21.3m | |
| Independent Director | 1.3yrs | US$249.98k | 0.0099% $ 293.6k | |
| Independent Director | 1.1yrs | US$169.63k | 0.0069% $ 205.8k | |
| Independent Director | less than a year | US$62.49k | 0.0055% $ 163.0k |
1.5yrs
Average Tenure
50yo
Average Age
Experienced Board: R9U2's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.