Canopy Growth (CGC) executive compensation, 2025 proxy

Luc Mongeau, Chief Executive Officer, was paid $968,925 in fiscal 2025. The CEO-to-median-employee pay ratio was 73:1, on median employee pay of $44,098.

Filed
August 7, 2025
Annual meeting
September 26, 2025
Pay year
fiscal 2025
Named executives
4
CEO total pay
$968,925fiscal 2025
CEO to median employee
73:1median $44,098
CEO pay in equity
56%$543,989 in awards
CEO target STI
100%Of base salary
CEO LTI target
300%Of base salary
Mongeau sign-on options
225,000One-time grant
Mongeau sign-on RSUs
50,000One-time grant
Klein one-time equity
$500,000Split between options and RSUs

How Mongeau was paid

$968,925 in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary13%Stock awards13%Option awards44%Non-equity incentive13%All other compensation18%

Named executive officers

ExecutiveTotal
Luc MongeauChief Executive Officer$968,925
Judy HongFormer Chief Financial Officer$1,872,749
Christelle GedeonChief Legal Officer$1,342,488
David KleinSpecial Advisor to the Board & Former CEO$5,008,368

What changed and why

  • 73:1 was the Fiscal 2025 ratio of annualized CEO compensation to median employee compensation.
  • $969K$968,925 was Luc Mongeau’s reported Fiscal 2025 compensation after becoming CEO on January 6, 2025.
  • 300%300% of base salary was Mongeau’s long-term incentive target, split equally between options and RSUs.
  • 225,000 options and 50,000 RSUs comprised Mongeau’s one-time sign-on equity grant.
  • $500K$500,000 was the value of Klein’s one-time equity grant, split equally between options and RSUs.
  • 2x0–2x target was the potential payout range for Mongeau’s short-term incentive bonus.

Other Canopy Growth proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.