quinlash - further to your post on researching management,I took your suggestion and did a bit of research on Irwin (Simple) Simon, the CEO you've referred to as 'visionary'. I had done this before - and was not impressed, but I thought maybe I had missed something.
After being terminated from selling Haagen-Daas ice cream and SlimFast, Simon created Hain - but was finally terminated after various scandals involving bloated compensation, accounting discrepancies and irregularities, kick backs - and a co-oblutaion of unconnected dysfunctional, unprofitable, failed companies that were acquired following the same 'growth by acquisition' at any cost, strategy.
Share price decline, Net Losses, an SEC investigation
Simon held virtually NO SHARES in Hain, and for the years 2013-15 enjoyed a salary of $18.1 million USD. He received a $34 million severance from Hain.
Do your own research - but do you not see a similiar pattern here with Tilray?
To quote vulcan, time to 'pull your pants up', get on the back of quinlash's Harley - and get rid of Irwin 'Simple' Simon who has already been taking you for a ride https://www.nytimes.com/2016/08/21/business/bloated-pay-came-before-hain-celestials-error.html
https://www.bnnbloomberg.ca/i-m-not-a-quitter-irwin-simon-s-long-and-winding-road-to-the-top-of-canada-s-pot-industry-1.1606941
https://www.change.org/p/shareholders-firing-irwin-simon-ceo-aphria
https://www.change.org/p/shareholders-firing-irwin-simon-ceo-aphria
Post by quinlashon Apr 13, 2024 9:55am 41 Views
Post# 35987353
TLRY Management Team
In terms of management. If you research the educational background, work history and (ideally) interviews done by each person you can foster a better appreciation of the person's skill and ability to manage the company you are investing in. To take the opinion of someone on a stock forum who may literally be a child or a professional hater is a very poor approach (to say the least)
Link provided shows the management team from Tilray Brands. You can look them up on LinkedIn or even other social media platforms as part of your research.