Tilray CEO Brendan Kennedy's 2018 pay jumps 8,385% to $32M
Tilray reports 2018 executive compensation
By ExecPay News
Published: April 15, 2019
Tilray reported fiscal year 2018 executive compensation information on April 15, 2019.
In 2018, three Tilray executives received on average a compensation package of $13M, a 3,842% increase compared to previous year.
Average pay of disclosed executives at Tilray
Brendan Kennedy, Chief Executive Officer, received $32M in total, which increased by 8,385% compared to 2017. 79% of Kennedy's compensation, or $25M, was in option awards. Kennedy also received $425K in bonus, $425K in salary, as well as $5.8M in stock awards.
Mark Castaneda, Chief Financial Officer, received a compensation package of $4.5M. 55% of the compensation package, or $2.5M, was in option awards.
Edward Wood Pastorius, Jr, Chief Revenue Officer, earned $2.8M in 2018, a 869% increase compared to previous year.
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Source: SEC filing on April 15, 2019.