Cresco Labs Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Charlie Bachtell
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 34.64% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.6% |
| Management average tenure | 5.8yrs |
| Board average tenure | 8.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -US$84m |
| Dec 31 2024 | US$1m | US$492k | -US$74m |
| Sep 30 2024 | n/a | n/a | -US$67m |
| Jun 30 2024 | n/a | n/a | -US$172m |
| Mar 31 2024 | n/a | n/a | -US$155m |
| Dec 31 2023 | US$684k | US$450k | -US$176m |
| Sep 30 2023 | n/a | n/a | -US$339m |
| Jun 30 2023 | n/a | n/a | -US$234m |
| Mar 31 2023 | n/a | n/a | -US$211m |
| Dec 31 2022 | US$1m | US$450k | -US$212m |
| Sep 30 2022 | n/a | n/a | -US$65m |
| Jun 30 2022 | n/a | n/a | -US$326m |
| Mar 31 2022 | n/a | n/a | -US$318m |
| Dec 31 2021 | US$1m | US$450k | -US$320m |
| Sep 30 2021 | n/a | n/a | -US$360m |
| Jun 30 2021 | n/a | n/a | -US$73m |
| Mar 31 2021 | n/a | n/a | -US$105m |
| Dec 31 2020 | US$538k | US$450k | -US$102m |
| Sep 30 2020 | n/a | n/a | -US$76m |
| Jun 30 2020 | n/a | n/a | -US$98m |
| Mar 31 2020 | n/a | n/a | -US$64m |
| Dec 31 2019 | US$676k | US$350k | -US$43m |
| Sep 30 2019 | n/a | n/a | -US$20m |
| Jun 30 2019 | n/a | n/a | -US$14m |
| Mar 31 2019 | n/a | n/a | -US$12m |
| Dec 31 2018 | US$924k | US$350k | -US$2m |
Compensation vs Market: Charlie's total compensation ($USD1.42M) is below average for companies of similar size in the US market ($USD2.54M).
Compensation vs Earnings: Charlie's compensation has increased whilst the company is unprofitable.
CEO
Charlie Bachtell (45 yo)
Mr. Charles Bachtell, also known as Charlie, serves as Co-Founder and Chief Executive Officer at Cresco Labs Inc. (formerly known as Cresco Labs, LLC) and has been its Director since November 2018. Mr. Bac...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | no data | US$1.42m | 0.57% $ 1.7m | |
| President & Chief Transformation Officer | 1.4yrs | US$806.98k | 0.038% $ 116.1k | |
| Co-Founder & Independent Director | no data | US$76.60k | 0.68% $ 2.1m | |
| Chief Financial Officer | less than a year | US$141.67k | no data | |
| Chief Operating Officer | 4.4yrs | no data | no data | |
| Chief Information Officer | no data | no data | 0.049% $ 146.8k | |
| General Counsel | 7.1yrs | no data | 0.035% $ 105.2k | |
| Chief Communications Officer | 6.7yrs | no data | 0.087% $ 262.6k | |
| Chief People Officer | 6yrs | no data | 0.034% $ 102.8k | |
| Senior VP of Operations | no data | no data | no data | |
| Executive Vice President of Operations | 7.5yrs | no data | no data | |
| Senior Vice President of Cultivation | 5.5yrs | no data | no data |
Experienced Management: CRLB.F's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 6.7yrs | US$1.42m | 0.57% $ 1.7m | |
| Co-Founder & Independent Director | 10.2yrs | US$76.60k | 0.68% $ 2.1m | |
| Independent Director | 5.5yrs | US$68.34k | 0.029% $ 87.0k | |
| Independent Director | 8.3yrs | US$89.38k | 0.34% $ 1.0m | |
| Chairman of the Board | 8.8yrs | US$135.00k | 0.066% $ 199.0k | |
| Independent Director | 5.1yrs | US$128.00k | 0.0056% $ 17.0k | |
| Independent Director | 8.6yrs | US$83.75k | 0.060% $ 182.0k |
Experienced Board: CRLB.F's board of directors are considered experienced (8.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/07/28 10:00 |
| End of Day Share Price | 2025/07/28 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Cresco Labs Inc. is covered by 14 analysts. 8 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 |
|---|---|
| Aaron Grey | Alliance Global Partners |
| Frederico Yokota Choucair Gomes | ATB Capital Markets |
| Russell Stanley | Beacon Securities Limited |