A Tilray employee walks past cannabis plants at their greenhouses at the company's headquarters in Cantanhede, Portugal, on Nov. 27, 2024. all had significant numbers of shareholders either oppose their executive compensation packages in advisory say-on-pay votes last year or signal their displeasure by withholding votes for directors who sit on board compensation committees. Some companies faced both actions.
In the absence of a say-on-pay vote, ISS and Glass Lewis suggested withholding support from the two directors. While ISS said it had no “significant concerns” with Canopy’s pay and recommended a “yes” vote, Glass Lewis said “no.” Aurora CEO Miguel Martin made $8.02-million in the year ended March 31, 2024, up from $6.72-million in the previous period, which was only nine months long due to a change in the company’s fiscal year. His 2024 pay included $4.18-million in what regulators call “all other compensation” in its disclosures. That includes benefits and, for Mr. Martin, a “performance-based cash retention payment” of $812,307 and a US$2.5-million “final contractual obligation owed to Mr.
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