Trees Management
Management criteria checks 3/4
Trees' CEO is Adam Hershey, appointed in May 2021, has a tenure of 3.83 years. total yearly compensation is $135.13K, comprised of 92.5% salary and 7.5% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth $3.19K. The average tenure of the management team and the board of directors is 2.7 years and 3.7 years respectively.
Key information
Adam Hershey
Chief executive officer
US$135.1k
Total compensation
CEO salary percentage | 92.5% |
CEO tenure | 3yrs |
CEO ownership | 0.03% |
Management average tenure | 2.7yrs |
Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -US$7m |
Sep 30 2023 | n/a | n/a | -US$10m |
Jun 30 2023 | n/a | n/a | -US$12m |
Mar 31 2023 | n/a | n/a | -US$11m |
Dec 31 2022 | US$135k | US$125k | -US$10m |
Sep 30 2022 | n/a | n/a | -US$8m |
Jun 30 2022 | n/a | n/a | -US$6m |
Mar 31 2022 | n/a | n/a | -US$7m |
Dec 31 2021 | US$67k | US$67k | -US$8m |
Sep 30 2021 | n/a | n/a | -US$9m |
Jun 30 2021 | n/a | n/a | -US$8m |
Mar 31 2021 | n/a | n/a | -US$9m |
Dec 31 2020 | US$58k | n/a | -US$8m |
Compensation vs Market: Adam's total compensation ($USD135.13K) is below average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
CEO
Adam Hershey (50 yo)
3yrs
Tenure
US$135,127
Compensation
Mr. Adam L. Hershey serves as a Director of Trees Corporation (formerly known as General Cannabis Corp)oration since July 13, 2020, has been its Interim Chief Executive Officer since May 7, 2021 and served...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Interim CEO & Director | 3yrs | US$135.13k | 0.026% $ 3.2k | |
Interim CFO | 1.7yrs | US$562.47k | no data | |
Chief Marketing Officer | 1.4yrs | no data | 6.54% $ 791.9k | |
Chief Visionary Officer | 2.7yrs | US$400.00k | no data | |
Vice President of Administration | 2.7yrs | no data | no data | |
Chief Compliance Officer | 1.7yrs | no data | 6.33% $ 766.8k | |
Managing Director of Chiefton Supply | 5.3yrs | no data | no data | |
President of Retail Operations | 2.7yrs | no data | no data | |
Senior Vice President of Operations | no data | no data | no data |
2.7yrs
Average Tenure
43.5yo
Average Age
Experienced Management: CANN's management team is considered experienced (2.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Interim CEO & Director | 3.8yrs | US$135.13k | 0.026% $ 3.2k | |
Independent Chairman | 3.7yrs | US$89.56k | 0.57% $ 68.5k | |
Lead Independent Director | 3.7yrs | US$87.38k | 0.39% $ 47.8k |
3.7yrs
Average Tenure
50yo
Average Age
Experienced Board: CANN's board of directors are considered experienced (3.7 years average tenure).