Post by
quinlash on Aug 02, 2024 5:55pm
CEO Compensation
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
Comment by
lafong on Aug 02, 2024 6:54pm
Please! Senior management are awarded options not stock. the options on this stock have proven worthless. Please know what your talking about before you spout nonsense.