MustGrow Biologics Corp.

OTCPK:MGRO.F Stock Report

Market Cap: US$68.0m

MustGrow Biologics Management

Management criteria checks 3/4

MustGrow Biologics' CEO is Corey Giasson, appointed in Mar 2018, has a tenure of 6.67 years. total yearly compensation is CA$302.40K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.24% of the company’s shares, worth $1.53M. The average tenure of the management team and the board of directors is 6.2 years and 6.5 years respectively.

Key information

Corey Giasson

Chief executive officer

CA$302.4k

Total compensation

CEO salary percentage100.0%
CEO tenure6.7yrs
CEO ownership2.2%
Management average tenure6.2yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Corey Giasson's remuneration changed compared to MustGrow Biologics's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-CA$424k

Mar 31 2024n/an/a

-CA$665k

Dec 31 2023CA$302kCA$302k

-CA$677k

Sep 30 2023n/an/a

-CA$5m

Jun 30 2023n/an/a

-CA$5m

Mar 31 2023n/an/a

-CA$6m

Dec 31 2022CA$288kCA$288k

-CA$6m

Sep 30 2022n/an/a

-CA$6m

Jun 30 2022n/an/a

-CA$4m

Mar 31 2022n/an/a

-CA$3m

Dec 31 2021CA$266kCA$216k

-CA$3m

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$3m

Dec 31 2020CA$266kCA$216k

-CA$3m

Sep 30 2020n/an/a

-CA$3m

Jun 30 2020n/an/a

-CA$3m

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$148kCA$148k

-CA$2m

Sep 30 2019n/an/a

-CA$1m

Jun 30 2019n/an/a

-CA$1m

Mar 31 2019n/an/a

-CA$965k

Dec 31 2018CA$128kCA$128k

-CA$2m

Compensation vs Market: Corey's total compensation ($USD216.35K) is below average for companies of similar size in the US market ($USD652.28K).

Compensation vs Earnings: Corey's compensation has increased whilst the company is unprofitable.


CEO

Corey Giasson (46 yo)

6.7yrs

Tenure

CA$302,400

Compensation

Mr. Corey J. Giasson, MBA, B.Sc., serves as President at MustGrow Biologics Corp. and serves as its Chief Executive Officer and Director since March 15, 2018. Mr. Giasson had been the Chief Financial Offic...


Leadership Team

NamePositionTenureCompensationOwnership
Corey Giasson
President6.7yrsCA$302.40k2.24%
$ 1.5m
Todd Lahti
CFO & Corporate Secretary5.9yrsCA$277.20k2.07%
$ 1.4m
Colin Bletsky
COO & Director6.2yrsCA$289.80k3.41%
$ 2.3m

6.2yrs

Average Tenure

Experienced Management: MGRO.F's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Corey Giasson
President6.7yrsCA$302.40k2.24%
$ 1.5m
Colin Bletsky
COO & Director6.7yrsCA$289.80k3.41%
$ 2.3m
Bradley Munro
Independent Chairman of the Board6.7yrsno data1.86%
$ 1.3m
David Borecky
Independent Director3.9yrsno datano data
Matt Kowalski
Independent Director6.5yrsno data0.40%
$ 268.6k
Laura Westby
Independent Director2.7yrsno datano data
Thomas Flow
Independent Director6.5yrsno data0.52%
$ 350.4k

6.5yrs

Average Tenure

46yo

Average Age

Experienced Board: MGRO.F's board of directors are considered experienced (6.5 years average tenure).