Irwin D. Simon is the CEO of Tilray Brands, Inc., a major player in the cannabis industry. He took on this role following a significant business combination with Aphria, Inc. in 2021. Simon has a background in business administration and...

Irwin D. Simon is the CEO of Tilray Brands, Inc., a major player in the cannabis industry. He took on this role following a significant business combination with Aphria, Inc. in 2021. Simon has a background in business administration and brings a wealth of experience to the table. In 2022, he received a total compensation of approximately $1.86 million, although no bonuses were awarded that year due to unmet performance targets. Interestingly, Simon's compensation structure is designed to align with the company's financial goals, making his earnings closely tied to the company's performance. His stock grants are significant, with annual incentive awards worth millions set against challenging financial targets. Between mid-2022 and late-2023, his insider trading activities revealed transactions ranging from $3.37 million to $7.32 million, showing his active investment in the company's future. Simon's leadership is marked by a focus on long-term value creation and substantial equity in the company, reflecting a notable commitment to both corporate goals and personal stakes in Tilray's success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Tilray Brands, Inc. CEOs

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Irwin D. Simon

CEO of Tilray Brands, Inc.

Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Healthcare

Born

January 1, 1959 - 66 years ago

CEO of Tilray Brands, Inc. for

4 years 1 month (May 2021 - Present)

Previous Experience

Former CEO of Aphria Inc.

Rivals

Competitors/colleagues of Irwin D. Simon

Holdings

See how much did Irwin D. Simon make over time.

As of late 2023, Irwin Simon's holdings in Tilray showed significant fluctuations, with monthly transactions ranging from $3.37 million to $7.32 million. This indicates his active role and belief in the company's future. At one point, his total holdings represented...

As of late 2023, Irwin Simon's holdings in Tilray showed significant fluctuations, with monthly transactions ranging from $3.37 million to $7.32 million. This indicates his active role and belief in the company's future. At one point, his total holdings represented a substantial part of his wealth, highlighting his commitment to Tilray. The monthly trading volumes echoed not just personal investment moves but a broader strategy in alignment with company performance metrics. Simon's trading patterns display a high level of engagement in market dynamics, emphasizing his strategic approach to building wealth alongside company value. His ongoing investments have been substantial, contributing to his financial stake in the evolving cannabis market.

Mar 18, 2025

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shares

TLRY @ $0.68

Insider Trading

See recent insider trades of Irwin D. Simon.

TLRY

$100.96K

TLRY at $1.88/share

Jan 12, 2024

Purchase

Compensation History

See how much did Irwin D. Simon make over time.

In 2022, Irwin Simon's total compensation was about $1.86 million, broken down into a salary component with no bonuses due to performance metrics not being met. His payment structure is merit-based, focusing on aligning his goals with Tilray's performance. Prior to 2022, in 2021, Simon's compensation included an impressive $13.7 million, largely from bonuses reflecting the success of the merger with Aphria. Simon is also set to receive considerable long-term incentives, primarily in the form of restricted stock units (RSUs) and performance shares. The compensation package is strategically designed to motivate him to foster growth and productivity within Tilray, emphasizing alignment with shareholder interests. Simon's incentive structure reflects both ambition and responsibility in leading Tilray through a dynamic and challenging market environment.

Year

2022

Total Compensation

$1.86M

Salary

$1.71M

Board Justification

The compensation philosophy is designed to attract and retain talented executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

No annual performance bonus was paid out in 2022 due to performance metrics not being met.

Other

$142.64K

Board Justification

Other compensation includes benefits such as health insurance, life insurance premiums, and a car allowance.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2022 as the focus is on the total compensation excluding stock grants.

Performance Metrics

The performance metrics for determining the CEO's compensation are based on corporate financial performance, including revenue and EBITDA targets.

Other Tilray Brands, Inc. CEOs

Here are other CEOs of Tilray Brands, Inc.

Brendan Kennedy

Founder and Ex-CEO of Tilray Brands, Inc.

January 2018 - December 2020