Suggestions
Irwin D. Simon
Chairman & CEO @ Tilray Brands (TSX I NASDAQ: TLRY) ~ Executive Chairman @ Whole Earth Brands, Inc. (NASDAQ: FREE) ~ Presiding Director @ The Stagwell Group (NASDAQ: STGW)
Irwin D. Simon is a prominent business executive currently serving as the Chairman of the Board and CEO of Tilray Brands, Inc., a global cannabis and consumer packaged goods company.12
Career Highlights
Simon has an extensive career in the consumer goods industry:
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Tilray Brands: Became Chairman and CEO in May 2021 after serving as Chairman and CEO of Aphria Inc. from December 2018 until its merger with Tilray.2
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The Hain Celestial Group: Founder and former Chairman & CEO from November 1993 to December 2018 (25 years).2
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Whole Earth Brands: Executive Chairman since August 2019.2
Other Notable Positions
- Owner of Cape Breton Eagles Major Junior Hockey Club (since October 2018)
- Co-Owner of St. John's Edge (since 2017)
- Presiding Director at MDC Partners (since 2013)
- Board Member at Tulane University and Poly Prep Country Day School (since September 2015)2
Education
Simon received his undergraduate degree from Saint Mary's University.1
Compensation and Performance
As CEO of Tilray, Simon has collected approximately $66 million in pay over three years. However, during his tenure, Tilray has posted total losses of about $3.1 billion, and the stock has lost about 85% of its value.3
Recent Developments
Simon has been actively involved in expanding Tilray's portfolio beyond cannabis. In 2024, Tilray acquired breweries from Molson Coors, significantly growing their beverage alcohol business.5 He has been working to position Tilray as a diversified consumer packaged goods company, with over 40 brands and 90% of products produced internally.4
Despite challenges in the cannabis industry, Simon remains focused on growing Tilray's revenue, managing its cash position, and attracting more institutional investors as regulatory changes occur in the cannabis sector.4