Flora Growth Management
Management criteria checks 1/4
Flora Growth's CEO is Clifford Starke, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is $628.52K, comprised of 59.1% salary and 40.9% bonuses, including company stock and options. directly owns 12.59% of the company’s shares, worth $2.20M. The average tenure of the management team and the board of directors is 0.8 years and 1.3 years respectively.
Key information
Clifford Starke
Chief executive officer
US$628.5k
Total compensation
| CEO salary percentage | 59.1% |
| CEO tenure | less than a year |
| CEO ownership | 12.6% |
| Management average tenure | less than a year |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
Flora Growth Corp.'s (NASDAQ:FLGC) Shares Leap 143% Yet They're Still Not Telling The Full Story
Apr 04
Investors Don't See Light At End Of Flora Growth Corp.'s (NASDAQ:FLGC) Tunnel And Push Stock Down 51%
Feb 17The Market Lifts Flora Growth Corp. (NASDAQ:FLGC) Shares 41% But It Can Do More
Dec 22Investors Give Flora Growth Corp. (NASDAQ:FLGC) Shares A 28% Hiding
Apr 17News Flash: Analysts Just Made A Meaningful Upgrade To Their Flora Growth Corp. (NASDAQ:FLGC) Forecasts
Dec 08Flora Growth gains on deal to acquire No Cap Hemp assets
Sep 07Elshad Garayev is the new finance chief of Flora Growth
Jul 11Flora Ready To Grow Like A Weed
Jan 03Flora Growth: Cheap Cannabis Appeal
Nov 03Flora Growth CEO Luis Merchan - Growing A Global Cannabis Brand (Video)
Aug 31Flora Growth bolsters leadership team with new hires
Jun 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$629k | US$371k | -US$47m |
| Sep 30 2023 | n/a | n/a | -US$56m |
| Jun 30 2023 | n/a | n/a | -US$63m |
| Mar 31 2023 | n/a | n/a | -US$49m |
| Dec 31 2022 | US$108k | US$7k | -US$46m |
Compensation vs Market: Clifford's total compensation ($USD628.52K) is about average for companies of similar size in the US market ($USD677.87K).
Compensation vs Earnings: Clifford's compensation has increased whilst the company is unprofitable.
CEO
Clifford Starke (38 yo)
less than a year
Tenure
US$628,516
Compensation
Mr. Clifford A. Starke serves as Chief Executive Officer of Flora Growth Corp. since June 25, 2023. He served as President of Flora Growth Corp. from December 23, 2022 until June 25, 2023 and serves as its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$628.52k | 12.59% $ 2.2m | |
| Chief Financial Officer | less than a year | US$380.01k | 1.61% $ 280.2k | |
| Corporate Secretary | 3.3yrs | no data | no data |
0.8yrs
Average Tenure
37yo
Average Age
Experienced Management: FLGC's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$628.52k | 12.59% $ 2.2m | |
| Strategic Advisory Board | 2.7yrs | US$272.81k | no data | |
| Independent Chairman | less than a year | US$94.38k | 1.3% $ 227.5k | |
| Strategic Advisor | 3.3yrs | no data | no data | |
| Independent Director | 1.3yrs | US$104.00k | 0.81% $ 142.2k |
1.3yrs
Average Tenure
48.5yo
Average Age
Experienced Board: FLGC's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.