GrowGeneration Management
Management criteria checks 3/4
GrowGeneration's CEO is Darren Lampert, appointed in Mar 2014, has a tenure of 10.83 years. total yearly compensation is $1.30M, comprised of 38% salary and 62% bonuses, including company stock and options. directly owns 2.93% of the company’s shares, worth MX$51.67M. The average tenure of the management team and the board of directors is 5.5 years and 10.7 years respectively.
Key information
Darren Lampert
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 38.0% |
| CEO tenure | 10.8yrs |
| CEO ownership | 2.9% |
| Management average tenure | 5.5yrs |
| Board average tenure | 10.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$53m |
| Jun 30 2024 | n/a | n/a | -US$49m |
| Mar 31 2024 | n/a | n/a | -US$49m |
| 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$5m |
Compensation vs Market: Darren's total compensation ($USD1.30M) is above average for companies of similar size in the MX market ($USD184.04K).
Compensation vs Earnings: Darren's compensation has been consistent with company performance over the past year.
CEO
Darren Lampert (63 yo)
10.8yrs
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 | 10.8yrs | US$1.30m | 2.93% MX$ 51.7m | |
| Co-Founder | 10.8yrs | US$1.31m | 3.36% MX$ 59.3m | |
| Chief Financial Officer | 2.4yrs | US$753.77k | 0.21% MX$ 3.6m | |
| Head of Investor Relations | no data | no data | no data | |
| Senior Strategic Advisor | 5.5yrs | no data | no data | |
| Senior Vice President of Merchandising | 1yr | no data | no data | |
| National Sales Director | no data | no data | no data | |
| Director of Market Development | no data | no data | no data | |
| Commercial Sales Account Manager of East | no data | no data | no data |
5.5yrs
Average Tenure
63yo
Average Age
Experienced Management: GRWG *'s management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 10.8yrs | US$1.30m | 2.93% MX$ 51.7m | |
| Co-Founder | 10.8yrs | US$1.31m | 3.36% MX$ 59.3m | |
| Lead Independent Director | 3.3yrs | US$97.50k | 0.17% MX$ 3.1m | |
| Independent Director | 10.7yrs | US$82.80k | 1.14% MX$ 20.1m | |
| Independent Director | less than a year | no data | 0.034% MX$ 595.9k |
10.7yrs
Average Tenure
63yo
Average Age
Experienced Board: GRWG *'s board of directors are seasoned and experienced ( 10.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/25 07:28 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
GrowGeneration Corp. is covered by 7 analysts. 5 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 |
| Michael Legg | Benchmark Company |
| Eric Des Lauriers | Craig-Hallum Capital Group LLC |