Charlotte's Web Holdings Management
Management criteria checks 1/4
Charlotte's Web Holdings' CEO is Bill Morachnick, appointed in Sep 2023, has a tenure of 1.25 years. total yearly compensation is $1.89M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth $134.17K. The average tenure of the management team and the board of directors is 2.1 years and 1 years respectively.
Key information
Bill Morachnick
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2.1yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$35m |
| Jun 30 2024 | n/a | n/a | -US$44m |
| Mar 31 2024 | n/a | n/a | -US$31m |
| Dec 31 2023 | US$2m | US$118k | -US$24m |
Compensation vs Market: Bill's total compensation ($USD1.89M) is above average for companies of similar size in the US market ($USD650.40K).
Compensation vs Earnings: Insufficient data to compare Bill's compensation with company performance.
CEO
Bill Morachnick (59 yo)
1.3yrs
Tenure
US$1,885,526
Compensation
Mr. William J. Morachnick, also known as Bill, is CEO & Non-Independent Director of Charlotte's Web Holdings, Inc. from September 13, 2023. Mr. Morachnick was President at Santa Fe Reynolds Tobacco Interna...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 1.3yrs | US$1.89m | 0.88% $ 134.2k | |
| Co-Founder & Director | no data | US$370.80k | 6.93% $ 1.1m | |
| Chief Financial Officer | less than a year | no data | 0.0049% $ 744.6 | |
| Chief Operating Officer | 1.2yrs | no data | 0.15% $ 23.3k | |
| Corporate Controller & Chief Accounting Officer | 2.4yrs | no data | 0.0058% $ 885.5 | |
| Chief Scientific Officer | 1.8yrs | no data | no data | |
| Chief Administration Officer | 2.5yrs | US$747.86k | 0% $ 0 | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP | 3.3yrs | US$555.68k | 0.059% $ 9.0k | |
| Senior VP of Government Affairs & Corporate Communications | 4.9yrs | no data | no data | |
| Chief Marketing Officer | 1.7yrs | no data | no data | |
| Senior Vice President of Innovation | 4.8yrs | no data | no data |
2.1yrs
Average Tenure
58yo
Average Age
Experienced Management: CWBH.F's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 1.3yrs | US$1.89m | 0.88% $ 134.2k | |
| Co-Founder & Director | less than a year | US$370.80k | 6.93% $ 1.1m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 1.2yrs | US$33.29k | no data | |
| Director | 1.8yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
1.0yrs
Average Tenure
57yo
Average Age
Experienced Board: CWBH.F's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 00:17 |
| End of Day Share Price | 2024/12/27 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 |
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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 here.
Analysis Model and Snowflake
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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
Charlotte's Web Holdings, Inc. is covered by 8 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 |
|---|---|
| Luke Hannan | Canaccord Genuity |
| Pablo Zuanic | Cantor Fitzgerald & Co. |
| Kyle McPhee | Cormark Securities Inc. |