Avicanna Management

Management criteria checks 4/4

Avicanna's CEO is Aras Azadian, appointed in Jan 2016, has a tenure of 8.92 years. total yearly compensation is CA$336.01K, comprised of 26.3% salary and 73.7% bonuses, including company stock and options. directly owns 3.99% of the company’s shares, worth $1.01M. The average tenure of the management team and the board of directors is 2 years and 3.5 years respectively.

Key information

Aras Azadian

Chief executive officer

CA$336.0k

Total compensation

CEO salary percentage26.3%
CEO tenure8.9yrs
CEO ownership4.0%
Management average tenure2yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Aras Azadian's remuneration changed compared to Avicanna's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$7m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$7m

Dec 31 2023CA$336kCA$88k

-CA$9m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023n/an/a

-CA$14m

Mar 31 2023n/an/a

-CA$16m

Dec 31 2022CA$486kCA$161k

-CA$15m

Sep 30 2022n/an/a

-CA$16m

Jun 30 2022n/an/a

-CA$16m

Mar 31 2022n/an/a

-CA$15m

Dec 31 2021CA$244kCA$127k

-CA$17m

Sep 30 2021n/an/a

-CA$24m

Jun 30 2021n/an/a

-CA$29m

Mar 31 2021n/an/a

-CA$34m

Dec 31 2020CA$358kCA$110k

-CA$33m

Sep 30 2020n/an/a

-CA$25m

Jun 30 2020n/an/a

-CA$24m

Mar 31 2020n/an/a

-CA$21m

Dec 31 2019CA$608kCA$240k

-CA$22m

Sep 30 2019n/an/a

-CA$18m

Jun 30 2019n/an/a

-CA$14m

Mar 31 2019n/an/a

-CA$11m

Dec 31 2018CA$150kCA$150k

-CA$7m

Sep 30 2018n/an/a

-CA$5m

Dec 31 2017CA$180kCA$150k

-CA$3m

Compensation vs Market: Aras's total compensation ($USD233.07K) is below average for companies of similar size in the US market ($USD646.54K).

Compensation vs Earnings: Aras's compensation has been consistent with company performance over the past year.


CEO

Aras Azadian

8.9yrs

Tenure

CA$336,008

Compensation

Mr. Aras Azadian, M. Mgmt, Msc Management, B.Econ, MBA, is a Co-Founder of Avicanna Inc. He serves as Chief Executive Officer and Director since November 25, 2016 of Avicanna Inc. and served as its Chairma...


Leadership Team

NamePositionTenureCompensationOwnership
Aras Azadian
Co-Founder8.9yrsCA$336.01k3.99%
$ 1.0m
Phillip Cardella
Chief Financial Officer2yrsCA$254.02k0.62%
$ 157.1k
Ivana Maric
Executive Vice President of Marketingno dataCA$249.08kno data
Stephen Kim
Chief Legal Officer & General Counsel of Avicanna USA Inc.2yrsCA$396.48kno data
Karolina Urban
Executive Vice President of Scientific & Medical Affairs1.5yrsCA$255.87kno data
Arash Moghani
Executive Vice President of Operations & Technologyno datano datano data
Ingrid Diaz
VP, Assistant General Counsel & Corporate Compliance Officer1.5yrsno datano data
Enric Pujol
Vice President of Peopleno datano datano data
Carlos Enrique Muete
SVP of Clinical Developmentno datano datano data

2.0yrs

Average Tenure

Experienced Management: AVCN.F's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aras Azadian
Co-Founder8.1yrsCA$336.01k3.99%
$ 1.0m
Sheldon Inwentash
Member of Business Advisory Boardno datano data5.51%
$ 1.4m
Paul Fornazzari
Independent Director1.1yrsCA$12.31k0.91%
$ 228.9k
Daniel Sauder
Member of Global Scientific Advisory Boardno datano datano data
Giancarlo Char
Director6.2yrsCA$88.30k0.63%
$ 158.5k
Aline Masuda
Member of Business Advisory Boardno datano datano data
Mauricio Torres-Pradilla
Member of Global Scientific Advisory Boardno datano datano data
Humberto Reynales
Member of International Scientific Advisory Boardno datano datano data
Max Jones
Member of Global Scientific Advisory Boardno datano datano data
John McVicar
Independent Director3.5yrsCA$118.75k0.55%
$ 138.2k
Eileen McCormack
Independent Director2.9yrsCA$110.18k0.25%
$ 62.6k
Al Harrington
Member of Business Advisory Boardno datano datano data

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: AVCN.F's board of directors are considered experienced (3.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 08:37
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

Avicanna Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rahul SarugaserRaymond James Ltd.