Ascend Wellness Holdings Management
Management criteria checks 1/4
Ascend Wellness Holdings' CEO is John Hartmann, appointed in May 2023, has a tenure of 1.08 years. total yearly compensation is $4.32M, comprised of 13.1% salary and 86.9% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $1.05M. The average tenure of the management team and the board of directors is 0.7 years and 3.7 years respectively.
Key information
John Hartmann
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 13.1% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.5% |
| Management average tenure | less than a year |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$48m |
| Dec 31 2023 | US$4m | US$566k | -US$48m |
Compensation vs Market: John's total compensation ($USD4.32M) is above average for companies of similar size in the US market ($USD1.55M).
Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.
CEO
John Hartmann (60 yo)
1.1yrs
Tenure
US$4,316,924
Compensation
Mr. John R. Hartmann serves as Chief Executive Officer & Director of Ascend Wellness Holdings, Inc. since May 15, 2023. He serves as Director at Freedom VCM Holdings, LLC. He serves as an Independent Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co- Founder & Executive Chairman of The Board | 6.1yrs | US$3.03m | 1.76% $ 4.0m | |
| CEO & Director | 1.1yrs | US$4.32m | 0.46% $ 1.0m | |
| Co-Founder | 6.1yrs | US$1.99m | 1.5% $ 3.4m | |
| Chief Financial Officer | less than a year | US$727.19k | no data | |
| Chief of Operations | less than a year | no data | no data | |
| Executive VP & Chief Accounting Officer | no data | no data | no data | |
| Executive Vice President of Investor Relations & Strategy | 3yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | less than a year | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief Commercial Officer | less than a year | no data | no data | |
| Chief of Stores | less than a year | no data | no data |
0.7yrs
Average Tenure
57yo
Average Age
Experienced Management: AAWH's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co- Founder & Executive Chairman of The Board | 6.1yrs | US$3.03m | 1.76% $ 4.0m | |
| CEO & Director | 1.1yrs | US$4.32m | 0.46% $ 1.0m | |
| Co-Founder | 6.1yrs | US$1.99m | 1.5% $ 3.4m | |
| Lead Independent Director | 1.1yrs | US$164.63k | 0.073% $ 166.5k | |
| Independent Director | 5.8yrs | US$232.92k | 2.09% $ 4.8m | |
| Independent Director | 1.6yrs | US$392.92k | 0.15% $ 332.0k |
3.7yrs
Average Tenure
53yo
Average Age
Experienced Board: AAWH's board of directors are considered experienced (3.7 years average tenure).