In 2022, James H. Dennedy earned $976.46K in total compensation at urban-gro, Inc., including $600.00K salary and $360.00K in stock. Led urban-gro, Inc. as CEO for 1 years.
Compensation History
Annual executive compensation data for James H. Dennedy, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$976.46K
Salary
$600.00K
Bonus
$0.00
Other
$16.46K
Salary
$600.00KBoard Justification
Our Compensation Committee adopted its pay philosophy, objectives, and structure for Named Executive Officers to achieve financial and business goals and create long-term stockholder value.
Bonus
$0.00Board Justification
N/A
Other Compensation
$16.46KBoard Justification
All other compensation includes the following compensation, calculated based on the aggregate incremental cost to the Company of the benefits noted: 401(k) Company Match ($) 10,675, Executive Life Insurance ($) 396, All Other ($)(a) 5,393 Consists of matching funds for health savings accounts.
Restricted Stock
Board Justification
Based on the fiscal year 2023 results discussed above, Mr. Srinivasan was awarded 60%, or $360,000, of his annual incentive target. Accordingly, the Compensation Committee granted Mr. Srinivasan 5,168 shares of common stock, being the number of shares having an approximate value of $360,000 based on the closing price of the Company’s common stock on May 24, 2023, the date that the Committee made its determination.
Performance Metrics
Annual goals for our Named Executive Officers may be tied to our financial, strategic, and operational goals and may include business specific financial targets relating to our goals. For fiscal year 2023, the Compensation Committee linked annual incentive goals to financial targets emphasizing both growth and profitability. Annual incentives were based on revenue growth, but payment was conditioned upon the achievement of a minimum adjusted EBITDA as a percentage of revenue.
James H. Dennedy
Ex-CEO of urban-gro, Inc.
Education
Bachelor's degree in Business Administration.
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1960 - 65 years ago
CEO of urban-gro, Inc. for
1 year 6 months (Feb 2021 - Aug 2022)
Previous Experience
Director and Chief Financial Officer for Interurban Capital Group; President and Chief Executive Officer of Agilysys, Inc.
Other urban-gro, Inc. CEOs
Holdings
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Insider Trading
James H. Dennedy's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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