Financial filings from the
Rounding out his earnings was about
In comparison, he made more than
Martin's compensation boost came as Aurora's share price fell by 52 per cent over its 2023 fiscal year, which spanned three quarters because the company changed its fiscal year end.
The cannabis industry has been hampered by a lack of demand, strict regulations and the strength of the illicit market for much of Martin's time as chief executive. To cope, Aurora embarked on a transformation plan that delivered at least
"It is important to make clear that long term incentives granted to executive leadership are entirely linked to the company’s share performance," Lefler said in an email.
"Today, the value of these rewards is much lower than the value at which they were originally granted."
This report by The Canadian Press was first published
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