Tilray Brands (TLRY) executive compensation, 2025 proxy

Irwin Simon, President, Chief Executive Officer and Chairman of the Board, was paid $10.3M in fiscal Year 2025, up 2% from $10.1M the year before. The CEO-to-median-employee pay ratio was 266:1, on median employee pay of $38,658.

Filed
September 26, 2025
Annual meeting
November 18, 2025
Pay year
fiscal Year 2025
Named executives
5
CEO total pay
$10.3M+2% vs prior year
CEO to median employee
266:1median $38,658
CEO pay in equity
46%$4.7M in awards
Prior say-on-pay support
75%of votes cast
2025 STIP awards
$0No annual incentive payments
CEO retention award
$3.37MPaid in August 2024
CEO stock awards
$4.73MGrant-date fair value
CEO annual salary
$1.99MFiscal Year 2025

How Simon was paid

$10.3M in total for fiscal Year 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary19%Bonus33%Stock awards46%All other compensation2%

Named executive officers

ExecutiveTotal
Irwin SimonPresident, Chief Executive Officer and Chairman of the Board$10,295,612
Carl MertonChief Financial Officer$1,628,800
Denise FaltischekChief Strategy Officer and Head of M&A$2,355,111
Roger SavellChief Administrative Officer$1,789,926
Mitchell GendelGlobal General Counsel and Corporate Secretary$2,182,959

What changed and why

  • $0$0 annual incentive payments were awarded to executives for Fiscal Year 2025 after financial targets were not fully achieved.
  • $3.37M$3.37 million retention award was paid to CEO Irwin Simon, subject to one-year continued employment and repayment provisions.
  • $4.73M$4.73 million of CEO stock awards represented grant-date fair value and included time- and performance-based vesting.
  • Revenue, adjusted EBITDA, debt reduction, acquisitions, product innovation, and international expansion guided compensation decisions.
  • 75%75% of votes cast supported the executive compensation program in the most recent say-on-pay vote.
  • Annual compensation combines base salary, annual cash incentives, and long-term equity incentives.

Other Tilray Brands 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.