CLS Holdings Management

Management criteria checks 3/4

CLS Holdings' CEO is Fredrik Widlund, appointed in Nov 2014, has a tenure of 9.5 years. total yearly compensation is £952.00K, comprised of 56.8% salary and 43.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth £792.04K. The average tenure of the management team and the board of directors is 8.9 years and 8.1 years respectively.

Key information

Fredrik Widlund

Chief executive officer

UK£952.0k

Total compensation

CEO salary percentage	56.8%
CEO tenure	9.5yrs
CEO ownership	0.2%
Management average tenure	8.9yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Fredrik Widlund's remuneration changed compared to CLS Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	UK£952k	UK£541k	-UK£250m
Sep 30 2023	n/a	n/a	-UK£227m
Jun 30 2023	n/a	n/a	-UK£204m
Mar 31 2023	n/a	n/a	-UK£143m
Dec 31 2022	UK£835k	UK£532k	-UK£82m
Sep 30 2022	n/a	n/a	UK£24m
Jun 30 2022	n/a	n/a	UK£129m
Mar 31 2022	n/a	n/a	UK£124m
Dec 31 2021	UK£946k	UK£515k	UK£120m
Sep 30 2021	n/a	n/a	UK£92m
Jun 30 2021	n/a	n/a	UK£65m
Mar 31 2021	n/a	n/a	UK£71m
Dec 31 2020	UK£830k	UK£510k	UK£77m
Sep 30 2020	n/a	n/a	UK£83m
Jun 30 2020	n/a	n/a	UK£88m
Mar 31 2020	n/a	n/a	UK£112m
Dec 31 2019	UK£1m	UK£430k	UK£136m
Sep 30 2019	n/a	n/a	UK£141m
Jun 30 2019	n/a	n/a	UK£147m
Mar 31 2019	n/a	n/a	UK£143m
Dec 31 2018	UK£1m	UK£378k	UK£139m
Jun 30 2018	n/a	n/a	UK£119m
Mar 31 2018	n/a	n/a	UK£138m
Dec 31 2017	UK£1m	UK£368k	UK£157m

Compensation vs Market: Fredrik's total compensation ($USD1.21M) is about average for companies of similar size in the UK market ($USD1.03M).

Compensation vs Earnings: Fredrik's compensation has increased whilst the company is unprofitable.

CEO

Fredrik Widlund (55 yo)

9.5yrs

Tenure

UK£952,000

Compensation

Mr. Fredrik Jonas Widlund has been the Chief Executive Officer of CLS Holdings plc since November 3, 2014 and also serves as its Executive Director. Mr. Widlund has experience in business leadership, prope...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Fredrik Widlund	CEO & Director	9.5yrs	UK£952.00k	0.21% £ 792.0k
Andrew Michael Kirkman	CFO & Director	4.8yrs	UK£561.00k	0.13% £ 473.4k
David Fuller	COO & Company Secretary	14.5yrs	no data	no data
Gary Wickham	Head of Legal	8.3yrs	no data	no data
Philippe Alexis	Head of France	no data	no data	no data
Rolf Mensing	Head of Germany	8.2yrs	no data	no data
Dan Howson	Head of UK	10.3yrs	no data	no data
Greg Snow	Head of IT	no data	no data	no data
Will Ray	Head of Sustainability	2.3yrs	no data	no data
Helen Pilcher	Head of UK Development	no data	no data	no data
Einar Osterhage	Head of German Asset Management	no data	no data	no data
Alain Millet	Group Treasurer	18.3yrs	no data	no data

8.9yrs

Average Tenure

54.5yo

Average Age

Experienced Management: CLIL's management team is seasoned and experienced (8.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Fredrik Widlund	CEO & Director	9.5yrs	UK£952.00k	0.21% £ 792.0k
Andrew Michael Kirkman	CFO & Director	4.8yrs	UK£561.00k	0.13% £ 473.4k
Eva Lindqvist	Independent Non-Executive Director	less than a year	UK£16.00k	no data
Anna Linnea Seeley	Non-Executive Deputy Chair of the Board	9yrs	UK£120.00k	0.0031% £ 11.7k
Bengt Mortstedt	Non-Executive Director	7.2yrs	UK£75.00k	6.56% £ 24.8m
Lennart Sten	Independent Non-Executive Chairman	9.8yrs	UK£220.00k	0.028% £ 106.0k
Elizabeth Edwards	Senior Independent Director	10yrs	UK£66.00k	0.0025% £ 9.3k
William John Holland	Independent Non-Executive Director	4.5yrs	UK£62.00k	0.0048% £ 18.0k

8.1yrs

Average Tenure

61yo

Average Age

Experienced Board: CLIL's board of directors are considered experienced (8.1 years average tenure).

CLS Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

CLS Holdings plc Announces Board Changes

Non-Executive Deputy Chair of the Board recently bought UK£757k worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£2.5m worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£2.6m worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£1.4m worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£1.3m worth of stock

Recent updates

Upcoming dividend of UK£0.053 per share

Full year 2023 earnings released: UK£0.63 loss per share (vs UK£0.20 loss in FY 2022)

Final dividend of UK£0.053 announced

New minor risk - Financial data availability

New minor risk - Financial data availability

Now 20% undervalued

New major risk - Revenue and earnings growth

CLS Holdings plc(LSE:CLI) dropped from FTSE 350 (Ex Investment Companies) Index (GBP)

CLS Holdings plc to Report Fiscal Year 2023 Results on Mar 06, 2024

Now 20% undervalued after recent price drop

CLS Holdings plc Announces Board Changes

Non-Executive Deputy Chair of the Board recently bought UK£757k worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£2.5m worth of stock

Upcoming dividend of UK£0.026 per share at 6.3% yield

Non-Executive Deputy Chair of the Board recently bought UK£2.6m worth of stock

First half 2023 earnings released: UK£0.26 loss per share (vs UK£0.045 profit in 1H 2022)

CLS Holdings plc to Report Q2, 2023 Results on Aug 09, 2023

Non-Executive Deputy Chair of the Board recently bought UK£1.4m worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£1.3m worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£2.5m worth of stock

CEO & Director recently bought UK£61k worth of stock

Non-Executive Director recently bought UK£72k worth of stock

Non-Executive Deputy Chair of the Board recently bought UK£1.9m worth of stock

Upcoming dividend of UK£0.053 per share at 5.7% yield

Full year 2022 earnings released: UK£0.21 loss per share (vs UK£0.29 profit in FY 2021)

CLS Holdings plc, Annual General Meeting, Apr 27, 2023

Less than half of directors are independent

CFO & Director recently bought UK£154k worth of stock

CLS Holdings plc to Report Fiscal Year 2022 Results on Mar 08, 2023

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.026 per share

First half 2022 earnings released

CLS Holdings plc (LSE:CLI) announces an Equity Buyback for £25.5 million worth of its shares.

CLS Holdings plc Updates Dividend Policy

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

CLS Holdings plc (LSE:CLI) agreed to acquire 98,684 sq ft Office Building in Dusseldorf from alstria office REIT-AG (XTRA:AOX).

Independent Non-Executive Chairman recently bought UK£89k worth of stock

CEO & Director recently bought UK£103k worth of stock

CEO & Director recently bought UK£103k worth of stock

First half 2021 earnings released: EPS UK£0.022 (vs UK£0.053 in 1H 2020)

CEO & Director recently bought UK£57k worth of stock

Upcoming Dividend of UK£0.052 Per Share

CFO & Director recently bought UK£111k worth of stock

Full year 2020 earnings released: EPS UK£0.19 (vs UK£0.33 in FY 2019)

New 90-day high: UK£2.26

Revenue beats expectations

CLS Holdings plc (LSE:CLI) agreed to acquire Three office buildings in Düsseldorf, Berlin and Hamburg from Commodus Real Estate Capital GmbH for €89.7 million.

CLS Holdings plc to Report First Half, 2021 Results on Aug 11, 2021

CLS Holdings plc Announces Demise of Sten Mortstedt, Founder and Executive Director

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age