Grove Collaborative Holdings Management
Management criteria checks 1/4
Grove Collaborative Holdings' CEO is Jeff Yurcisin, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is $2.67M, comprised of 7.1% salary and 92.9% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $42.61K. The average tenure of the management team and the board of directors is 2.1 years and 1.9 years respectively.
Key information
Jeff Yurcisin
Chief executive officer
US$2.7m
Total compensation
| CEO salary percentage | 7.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.07% |
| Management average tenure | 2.1yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Grove Collaborative Holdings, Inc. (NYSE:GROV)
Mar 02
Pinning Down Grove Collaborative Holdings, Inc.'s (NYSE:GROV) P/S Is Difficult Right Now
Nov 13Grove Collaborative: Can Be Quite Volatile Financially And Technically
Sep 08Analysts Have Been Trimming Their Grove Collaborative Holdings, Inc. (NYSE:GROV) Price Target After Its Latest Report
May 14Grove receives non-compliance notice from NYSE
Dec 20Grove Collaborative Holdings reports GAAP EPS of $0.05, revenue of $77.73M
Nov 10Grove Collaborative furthers retail expansion with entry into Harris Teeter and H-E-B
Oct 19Grove continues massive retail expansion
Sep 27Grove Collaborative climbs 10% on expanding retail footprint
Jul 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$188k | -US$44m |
Compensation vs Market: Jeff's total compensation ($USD2.67M) is above average for companies of similar size in the US market ($USD663.07K).
Compensation vs Earnings: Insufficient data to compare Jeff's compensation with company performance.
CEO
Jeff Yurcisin (48 yo)
less than a year
Tenure
US$2,667,495
Compensation
Mr. Jeff Yurcisin serves as Chief Executive Officer at Grove Collaborative Holdings, Inc. since August 16, 2023 and its a Director since August 2023 and also serves as its President. He had been the Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.9yrs | US$3.04m | 3.09% $ 1.9m | |
| CEO, President & Director | less than a year | US$2.67m | 0.068% $ 42.6k | |
| Chief Financial Officer | 2.3yrs | US$1.46m | 0.42% $ 263.6k | |
| CTO & Director | less than a year | US$978.53k | 0.30% $ 187.9k | |
| Chief Accounting Officer | 2.1yrs | no data | no data | |
| General Counsel & Secretary | less than a year | no data | no data | |
| Chief Marketing Officer | 3.3yrs | US$2.42m | 0.48% $ 300.8k |
2.1yrs
Average Tenure
48yo
Average Age
Experienced Management: GROV's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 1.9yrs | US$3.04m | 3.09% $ 1.9m | |
| CEO, President & Director | less than a year | US$2.67m | 0.068% $ 42.6k | |
| CTO & Director | 1.9yrs | US$978.53k | 0.30% $ 187.9k | |
| Independent Director | less than a year | no data | no data | |
| Lead Independent Director | 1.9yrs | US$142.15k | 0.95% $ 597.3k | |
| Independent Director | 1.6yrs | US$120.24k | 0.11% $ 68.0k | |
| Independent Director | 1.9yrs | no data | no data | |
| Independent Director | 1.9yrs | US$126.24k | 0.056% $ 35.0k | |
| Independent Director | 1.9yrs | US$140.24k | 0.17% $ 105.7k | |
| Independent Director | 1.9yrs | US$121.75k | 0.056% $ 35.0k |
1.9yrs
Average Tenure
42.5yo
Average Age
Experienced Board: GROV's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.