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 1.17 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 $196.13K. The average tenure of the management team and the board of directors is 2 years and 0.9 years respectively.
Key information
Bill Morachnick
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.9% |
| Management average tenure | 2yrs |
| 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 ($USD651.40K).
Compensation vs Earnings: Insufficient data to compare Bill's compensation with company performance.
CEO
Bill Morachnick (59 yo)
1.2yrs
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 | 1.2yrs | US$1.89m | 0.88% $ 196.1k | |
| Co-Founder & Director | no data | US$370.80k | 6.93% $ 1.6m | |
| Chief Financial Officer | less than a year | no data | 0.0049% $ 1.1k | |
| Chief Operating Officer | 1.1yrs | no data | 0.15% $ 34.0k | |
| Corporate Controller & Chief Accounting Officer | 2.3yrs | no data | 0.0058% $ 1.3k | |
| Chief Scientific Officer | 1.7yrs | no data | no data | |
| Chief Administration Officer | 2.4yrs | US$747.86k | 0% $ 0 | |
| Director of Investor Relations | no data | no data | no data | |
| Senior VP | 3.2yrs | US$555.68k | 0.059% $ 13.1k | |
| Senior VP of Government Affairs & Corporate Communications | 4.8yrs | no data | no data | |
| Chief Marketing Officer | 1.6yrs | no data | no data | |
| Senior Vice President of Innovation | 4.7yrs | no data | no data |
2.0yrs
Average Tenure
58yo
Average Age
Experienced Management: CWBH.F's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 1.2yrs | US$1.89m | 0.88% $ 196.1k | |
| Co-Founder & Director | less than a year | US$370.80k | 6.93% $ 1.6m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 1.1yrs | US$33.29k | no data | |
| Director | 1.7yrs | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.9yrs
Average Tenure
57yo
Average Age
Experienced Board: CWBH.F's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.