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 0.54% of the company’s shares, worth $1.47K. 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 percentage92.6%
CEO tenure4.6yrs
CEO ownership0.5%
Management average tenure4.6yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Ainsworth's remuneration changed compared to Lowell Farms's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$37m

Mar 31 2024n/an/a

-US$36m

Dec 31 2023US$268kUS$248k

-US$37m

Sep 30 2023n/an/a

-US$35m

Jun 30 2023n/an/a

-US$20m

Mar 31 2023n/an/a

-US$25m

Dec 31 2022US$248kUS$224k

-US$25m

Sep 30 2022n/an/a

-US$23m

Jun 30 2022n/an/a

-US$27m

Mar 31 2022n/an/a

-US$22m

Dec 31 2021US$360kUS$250k

-US$25m

Sep 30 2021n/an/a

-US$19m

Jun 30 2021n/an/a

-US$11m

Mar 31 2021n/an/a

-US$21m

Dec 31 2020US$389kUS$250k

-US$22m

Sep 30 2020n/an/a

-US$35m

Jun 30 2020n/an/a

-US$54m

Mar 31 2020n/an/a

-US$53m

Dec 31 2019US$1mUS$250k

-US$50m

Sep 30 2019n/an/a

-US$36m

Jun 30 2019n/an/a

-US$17m

Mar 31 2019n/an/a

-US$11m

Dec 31 2018US$384kUS$200k

-US$9m

Compensation vs Market: Mark's total compensation ($USD268.02K) is below average for companies of similar size in the US market ($USD653.16K).

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

NamePositionTenureCompensationOwnership
Ann Lawrence
Executive Chairperson2.1yrsUS$36.84k1.75%
$ 4.8k
Mark Ainsworth
Co-Founder4.6yrsUS$268.02k0.54%
$ 1.5k
Kelly McMillin
Chief Compliance Officer7.1yrsUS$152.23kno 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

NamePositionTenureCompensationOwnership
Ann Lawrence
Executive Chairperson2.1yrsUS$36.84k1.75%
$ 4.8k
Mark Ainsworth
Co-Founder5.6yrsUS$268.02k0.54%
$ 1.5k
William Anton
Independent Director5.6yrsUS$1.85k0.69%
$ 1.9k
Bruce Gates
Board Observer2.1yrsUS$7.03kno data
Jeffrey Monat
Independent Director2.8yrsUS$4.10k0.24%
$ 649.3
Summer Frein
Independent Director2.1yrsUS$4.10k0.22%
$ 613.2

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.