Trulieve Cannabis Management
Management criteria checks 4/4
Trulieve Cannabis' CEO is Kim Rivers, appointed in Sep 2018, has a tenure of 5.67 years. total yearly compensation is $3.90M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 9.01% of the company’s shares, worth $242.12M. The average tenure of the management team and the board of directors is 2.7 years and 4.4 years respectively.
Key information
Kim Rivers
Chief executive officer
US$3.9m
Total compensation
| CEO salary percentage | 12.8% |
| CEO tenure | 5.7yrs |
| CEO ownership | 9.0% |
| Management average tenure | 2.7yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$431m |
| Sep 30 2023 | n/a | n/a | -US$477m |
| Jun 30 2023 | n/a | n/a | -US$527m |
| Mar 31 2023 | n/a | n/a | -US$205m |
| Dec 31 2022 | US$4m | US$500k | -US$179m |
| Sep 30 2022 | n/a | n/a | -US$185m |
| Jun 30 2022 | n/a | n/a | -US$95m |
| Mar 31 2022 | n/a | n/a | -US$37m |
| Dec 31 2021 | US$8m | US$500k | US$31m |
| Sep 30 2021 | n/a | n/a | US$93m |
| Jun 30 2021 | n/a | n/a | US$91m |
| Mar 31 2021 | n/a | n/a | US$69m |
| Dec 31 2020 | US$1m | US$324k | US$63m |
| Sep 30 2020 | n/a | n/a | -US$19m |
| Jun 30 2020 | n/a | n/a | US$23m |
| Mar 31 2020 | n/a | n/a | US$62m |
| Dec 31 2019 | US$444k | US$291k | US$53m |
| Sep 30 2019 | n/a | n/a | US$128m |
| Jun 30 2019 | n/a | n/a | US$85m |
| Mar 31 2019 | n/a | n/a | US$36m |
| Dec 31 2018 | US$150k | US$150k | US$11m |
Compensation vs Market: Kim's total compensation ($USD3.90M) is below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Kim's compensation has been consistent with company performance over the past year.
CEO
Kim Rivers (45 yo)
5.7yrs
Tenure
US$3,904,952
Compensation
Ms. Kimberly Rivers, also known as Kim, has been the Chief Executive Officer, President and Director at Harvest Health & Recreation Inc. since October 01, 2021. Ms. Rivers founded Trulieve Cannabis Corp. S...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 5.7yrs | US$3.90m | 9.01% $ 242.1m | |
| Chief Legal Officer & Corporate Secretary | 5.3yrs | US$1.36m | 0.0099% $ 266.4k | |
| Chief Sales Officer | 4.6yrs | US$1.25m | 0.0094% $ 252.2k | |
| Chief Production Officer | 4.6yrs | US$1.26m | 0.0097% $ 260.0k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Operating Officer | less than a year | no data | no data | |
| VP & Chief Accounting Officer | 1.1yrs | no data | no data | |
| Chief Technology Officer | 2.8yrs | no data | no data | |
| Chief Information Officer | 5.7yrs | US$182.50k | no data | |
| Director of Investor Relations | 2.6yrs | no data | no data | |
| Chief Marketing Officer | 2.3yrs | no data | no data | |
| VP & General Counsel | 2.6yrs | no data | no data |
2.7yrs
Average Tenure
49yo
Average Age
Experienced Management: TCNN.F's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.5yrs | US$3.90m | 9.01% $ 242.1m | |
| Lead Independent Director | 4.8yrs | US$233.19k | 0.0070% $ 187.1k | |
| Independent Director | 2.9yrs | US$198.19k | 0.0079% $ 211.9k | |
| Independent Director | 3.9yrs | US$210.19k | 0.010% $ 268.8k | |
| Independent Director | 3.9yrs | US$215.69k | 0.0079% $ 211.9k | |
| Independent Director | 2.9yrs | US$198.19k | 0.0045% $ 121.0k | |
| Independent Director | 8.5yrs | US$198.19k | 7.58% $ 203.9m | |
| Independent Director | 7.3yrs | US$198.19k | 0.29% $ 7.7m |
4.4yrs
Average Tenure
62yo
Average Age
Experienced Board: TCNN.F's board of directors are considered experienced (4.4 years average tenure).