RE:CEO Compensation quinlash wrote: They get a base pay then get awarded shares based on performance. The performance measure is not the shareprice.
CEOs make commitments to grow sakes, improve margins, capture new markets and expand existing ones
The CEO of TLRY can be easily said to be doing this and therefore receives a performance bonus in the form of shares
Think about your own job. If you met and or exceeded performance targets and expectations set down by manager would you not expect some sort of reward ? CEOs are at the very top of the company, they get paid the best but also have the greatest amount of responsibility.
TLRY has apx 1600 employees, that means as many as 1600 families rely on the CEO to keep the business running efficiently and successfully.
Does your performance at work impact anyone's livelihood other than your own?
Again, the Shareprice is low, yes, true, there is a double on these shares just for them to get back to book value. If the CEO could set the shareprice wouldn't it make sense that he set to back over $200 where it was back during the peak of Aphria days ?
The Market Sets the Price, it can be low and it can be high, only hindsight tells us where that is.
Best Regards
If this CEO or you were in Aphria when it was $200. a share then why are you still here? Aphria was 200? Athletes are compensated based on past performance and how they have increased their value. So a CEO should be compensated on growing market share, how much did he grow the Cdn percentage to, still losing share. Shouldn't be compensated for that.
Hey at least he grew the cucumber revenue. Not able to grow revenues like the larger USA companies are able. Hey but he did expand them into a beer and spirits company which is providing growing revenue for them. Keeps raising money and throws it out the window (see Medmen) investment. Who gets compensated for that. Prove you can do better as a CEO Simon.