TILT Holdings Management
Management criteria checks 2/4
TILT Holdings' CEO is Tim Conder, appointed in Apr 2023, has a tenure of 1.5 years. total yearly compensation is $616.50K, comprised of 38.2% salary and 61.8% bonuses, including company stock and options. directly owns 0.5% of the company’s shares, worth $21.65K. The average tenure of the management team and the board of directors is 2.8 years and 1.7 years respectively.
Key information
Tim Conder
Chief executive officer
US$616.5k
Total compensation
| CEO salary percentage | 38.2% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.8yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$76m |
| Mar 31 2024 | n/a | n/a | -US$67m |
| Dec 31 2023 | US$617k | US$236k | -US$62m |
| Sep 30 2023 | n/a | n/a | -US$114m |
| Jun 30 2023 | n/a | n/a | -US$121m |
| Mar 31 2023 | n/a | n/a | -US$101m |
| Dec 31 2022 | n/a | n/a | -US$107m |
| Sep 30 2022 | n/a | n/a | -US$54m |
| Jun 30 2022 | n/a | n/a | -US$38m |
| Mar 31 2022 | n/a | n/a | -US$30m |
| Dec 31 2021 | n/a | n/a | -US$35m |
| Sep 30 2021 | n/a | n/a | -US$60m |
| Jun 30 2021 | n/a | n/a | -US$63m |
| Mar 31 2021 | n/a | n/a | -US$73m |
| Dec 31 2020 | US$300k | US$275k | -US$52m |
| Sep 30 2020 | n/a | n/a | -US$28m |
| Jun 30 2020 | n/a | n/a | -US$111k |
| Mar 31 2020 | n/a | n/a | -US$40m |
| Dec 31 2019 | US$512k | US$250k | -US$122m |
Compensation vs Market: Tim's total compensation ($USD616.50K) is about average for companies of similar size in the US market ($USD667.78K).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
CEO
Tim Conder (41 yo)
1.5yrs
Tenure
US$616,504
Compensation
Mr. Tim Conder serves as Director at TILT Holdings Inc. since October 10, 2019 and had been its Interim Chief Executive Officer since April 21, 2023 until September 26, 2023 also serves as it's Chief Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.5yrs | US$616.50k | 0.50% $ 21.7k | |
| Chief Accounting Officer & Interim CFO | 1.8yrs | US$300.00k | 0.036% $ 1.6k | |
| Chief Revenue Officer | 2.3yrs | US$266.55k | 0.056% $ 2.4k | |
| Head of Investor Relations & Communications | 2.8yrs | no data | no data | |
| General Counsel | 3.8yrs | no data | no data | |
| Head of Corporate Development | no data | no data | no data | |
| Head of Marketing & Communications | no data | no data | no data | |
| Head of Human Resources | 3.5yrs | no data | no data | |
| Head of Information Technology | no data | no data | no data | |
| Head of Cannabis Processing | no data | no data | no data | |
| Head of Revenue & Procurement | no data | no data | no data | |
| Head of Research & Development | 2.8yrs | no data | no data |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: TLLT.F's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5yrs | US$616.50k | 0.50% $ 21.7k | |
| Independent Director | 4.5yrs | US$171.38k | 0.93% $ 40.4k | |
| Independent Director | 1.6yrs | US$144.12k | 0.63% $ 27.4k | |
| Independent Chairman | 1.3yrs | US$117.63k | 0.63% $ 27.4k | |
| Independent Director | 1.7yrs | US$147.47k | 1.19% $ 51.9k |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Board: TLLT.F's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.