This company has been acquired
Acreage Holdings Management
Management criteria checks 2/4
Acreage Holdings' CEO is Dennis Curran, appointed in Jul 2023, has a tenure of 1.42 years. total yearly compensation is $1.51M, comprised of 23.7% salary and 76.3% bonuses, including company stock and options. directly owns 2.88% of the company’s shares, worth $144.01K. The average tenure of the management team and the board of directors is 1.4 years and 3.7 years respectively.
Key information
Dennis Curran
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 23.7% |
| CEO tenure | 1.4yrs |
| CEO ownership | 2.9% |
| Management average tenure | 1.4yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$99m |
| Jun 30 2024 | n/a | n/a | -US$87m |
| Mar 31 2024 | n/a | n/a | -US$82m |
| Dec 31 2023 | US$2m | US$359k | -US$69m |
| Sep 30 2023 | n/a | n/a | -US$133m |
| Jun 30 2023 | n/a | n/a | -US$148m |
| Mar 31 2023 | n/a | n/a | -US$142m |
| Dec 31 2022 | US$2m | US$298k | -US$140m |
Compensation vs Market: Dennis's total compensation ($USD1.51M) is above average for companies of similar size in the US market ($USD647.72K).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
CEO
Dennis Curran (59 yo)
1.4yrs
Tenure
US$1,514,724
Compensation
Mr. Dennis Curran served as Chief Operating Officer of Acreage Holdings, Inc. since March 31, 2022 until July 1, 2023 and serves as its Chief Executive Officer since July 1, 2023 and serves as its Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.4yrs | US$1.51m | 2.88% $ 144.0k | |
| Executive VP | 2.7yrs | US$782.24k | 0.64% $ 31.9k | |
| Chief Financial Officer | less than a year | no data | 0.15% $ 7.7k | |
| Chief Operating Officer | 1.4yrs | no data | no data | |
| EVP of Government Relations and Communications | 1.9yrs | no data | no data | |
| Chief Marketing and Strategy Officer | 2.3yrs | no data | no data | |
| Vice President of Human Resources | 1.4yrs | no data | no data | |
| Executive Vice President of Mid-Atlantic Region | 1.4yrs | no data | no data | |
| Executive Vice President of Midwest & Northeast Regions | 1.4yrs | no data | no data |
1.4yrs
Average Tenure
42yo
Average Age
Experienced Management: ACRD.F's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 1.3yrs | US$1.51m | 2.88% $ 144.0k | |
| Executive VP | 1.3yrs | US$782.24k | 0.64% $ 31.9k | |
| Lead Independent Director | 6.1yrs | US$69.48k | 0.67% $ 33.5k | |
| Independent Director | 6.1yrs | US$69.48k | 0.47% $ 23.3k |
3.7yrs
Average Tenure
67yo
Average Age
Experienced Board: ACRD.F's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/09 17:24 |
| End of Day Share Price | 2024/12/09 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 |
|
|
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Acreage Holdings, Inc. is covered by 10 analysts. 1 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 |
|---|---|
| Matt Bottomley | Canaccord Genuity |
| Pablo Zuanic | Cantor Fitzgerald & Co. |
| Rommel Dionisio | Compass Point Research & Trading, LLC |