GrowGeneration Management
Management criteria checks 3/4
GrowGeneration's CEO is Darren Lampert, appointed in Mar 2014, has a tenure of 10.17 years. total yearly compensation is $1.30M, comprised of 38% salary and 62% bonuses, including company stock and options. directly owns 2.33% of the company’s shares, worth MX$65.42M. The average tenure of the management team and the board of directors is 4.8 years and 10 years respectively.
Key information
Darren Lampert
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 38.0% |
| CEO tenure | 10.2yrs |
| CEO ownership | 2.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 10yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$493k | -US$46m |
| Sep 30 2023 | n/a | n/a | -US$34m |
| Jun 30 2023 | n/a | n/a | -US$34m |
| Mar 31 2023 | n/a | n/a | -US$165m |
| Dec 31 2022 | US$1m | US$345k | -US$164m |
| Sep 30 2022 | n/a | n/a | -US$153m |
| Jun 30 2022 | n/a | n/a | -US$142m |
| Mar 31 2022 | n/a | n/a | US$1m |
| Dec 31 2021 | US$2m | US$301k | US$13m |
| Sep 30 2021 | n/a | n/a | US$18m |
| Jun 30 2021 | n/a | n/a | US$18m |
| Mar 31 2021 | n/a | n/a | US$14m |
| Dec 31 2020 | US$871k | US$303k | US$5m |
| Sep 30 2020 | n/a | n/a | US$3m |
| Jun 30 2020 | n/a | n/a | US$510k |
| Mar 31 2020 | n/a | n/a | -US$1m |
| Dec 31 2019 | US$3m | US$212k | US$1m |
| Sep 30 2019 | n/a | n/a | -US$64k |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$4m |
| Dec 31 2018 | US$356k | US$193k | -US$5m |
| Sep 30 2018 | n/a | n/a | -US$4m |
| Jun 30 2018 | n/a | n/a | -US$4m |
| Mar 31 2018 | n/a | n/a | -US$3m |
| Dec 31 2017 | US$430k | US$165k | -US$3m |
Compensation vs Market: Darren's total compensation ($USD1.30M) is above average for companies of similar size in the MX market ($USD324.38K).
Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.
CEO
Darren Lampert (62 yo)
10.2yrs
Tenure
US$1,298,148
Compensation
Mr. Darren Lampert co-founded GrowGeneration Pueblo, Corp., (a/k/a, EasyLife, Corp., GrowGeneration Corp.) in March 6, 2014 and has been its Chief Executive Officer since March 6, 2014. Mr. Lampert began h...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 10.2yrs | US$1.30m | 2.33% $ 65.4m | |
| Co-Founder | 10.2yrs | US$1.31m | 2.18% $ 61.2m | |
| Chief Financial Officer | 1.8yrs | US$753.77k | 0.12% $ 3.4m | |
| Chief Information Officer | 6.3yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | 1.8yrs | no data | no data | |
| Senior Strategic Advisor | 4.8yrs | no data | no data | |
| Senior Vice President of Purchasing | 1.6yrs | no data | no data |
4.8yrs
Average Tenure
62yo
Average Age
Experienced Management: GRWG *'s management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 10.2yrs | US$1.30m | 2.33% $ 65.4m | |
| Co-Founder | 10.2yrs | US$1.31m | 2.18% $ 61.2m | |
| Lead Independent Director | 2.7yrs | US$97.50k | 0.086% $ 2.4m | |
| Independent Director | 10yrs | US$82.80k | 0.90% $ 25.4m | |
| Independent Director | less than a year | no data | no data |
10.0yrs
Average Tenure
62yo
Average Age
Experienced Board: GRWG *'s board of directors are seasoned and experienced ( 10 years average tenure).