Lowell Farms Management
Management criteria checks 2/4
Lowell Farms' CEO is Mark Ainsworth, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is $268.02K, comprised of 92.6% salary and 7.4% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $1.46K. The average tenure of the management team and the board of directors is 4.6 years and 2.5 years respectively.
Key information
Mark Ainsworth
Chief executive officer
US$268.0k
Total compensation
| CEO salary percentage | 92.6% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.6yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$20m |
| Jun 30 2024 | n/a | n/a | -US$37m |
| Mar 31 2024 | n/a | n/a | -US$36m |
| Dec 31 2023 | US$268k | US$248k | -US$37m |
| Sep 30 2023 | n/a | n/a | -US$35m |
| Jun 30 2023 | n/a | n/a | -US$20m |
| Mar 31 2023 | n/a | n/a | -US$25m |
| Dec 31 2022 | US$248k | US$224k | -US$25m |
| Sep 30 2022 | n/a | n/a | -US$23m |
| Jun 30 2022 | n/a | n/a | -US$27m |
| Mar 31 2022 | n/a | n/a | -US$22m |
| Dec 31 2021 | US$360k | US$250k | -US$25m |
| Sep 30 2021 | n/a | n/a | -US$19m |
| Jun 30 2021 | n/a | n/a | -US$11m |
| Mar 31 2021 | n/a | n/a | -US$21m |
| Dec 31 2020 | US$389k | US$250k | -US$22m |
| Sep 30 2020 | n/a | n/a | -US$35m |
| Jun 30 2020 | n/a | n/a | -US$54m |
| Mar 31 2020 | n/a | n/a | -US$53m |
| Dec 31 2019 | US$1m | US$250k | -US$50m |
| Sep 30 2019 | n/a | n/a | -US$36m |
| Jun 30 2019 | n/a | n/a | -US$17m |
| Mar 31 2019 | n/a | n/a | -US$11m |
| Dec 31 2018 | US$384k | US$200k | -US$9m |
Compensation vs Market: Mark's total compensation ($USD268.02K) is below average for companies of similar size in the US market ($USD647.72K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
CEO
Mark Ainsworth (49 yo)
4.6yrs
Tenure
US$268,022
Compensation
Mr. Mark Luciano Ainsworth serves as Chief Executive Officer at Lowell Farms Inc. (formerly known as Indus Holdings, Inc.) since April 2020 and serves as it's Interim CFO since June 28, 2024 as its Interim...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairperson | 2.1yrs | US$36.84k | 1.83% $ 4.7k | |
| Co-Founder | 4.6yrs | US$268.02k | 0.56% $ 1.5k | |
| Chief Compliance Officer | 7.1yrs | US$152.23k | no data |
4.6yrs
Average Tenure
49yo
Average Age
Experienced Management: LOWL.F's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairperson | 2.1yrs | US$36.84k | 1.83% $ 4.7k | |
| Co-Founder | 5.6yrs | US$268.02k | 0.56% $ 1.5k | |
| Independent Director | 5.6yrs | US$1.85k | 0.73% $ 1.9k | |
| Board Observer | 2.1yrs | US$7.03k | no data | |
| Independent Director | 2.8yrs | US$4.10k | 0.25% $ 642.2 | |
| Independent Director | 2.1yrs | US$4.10k | 0.23% $ 606.5 |
2.5yrs
Average Tenure
49yo
Average Age
Experienced Board: LOWL.F's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.