Nearly 90 per cent of the payout to the six top officials was in the form of option-based awards, the Smiths Falls, Ont., company said in a regulatory filing.
Bruce Linton, who was ousted as co-CEO earlier this year, received $9.33 million in the fiscal year ended March 31, up from $2.52 million a year earlier. It included $8.56 million in option-based awards, a $450,000 bonus, $318,000 salary and $3,568 in other compensation for Canopy Growth executives.
Linton also received a $1.5-million payout after being terminated without cause as of July 2.
CEO Mark Zekulin, who was previously president and co-CEO, received $5.96 million in compensation last year, including $5.2 million in options, a $500,000 salary and a $250,000 bonus. That was up from almost $2.5 million in fiscal 2018.
The other Canopy Growth executives each received between $2.4 million and $5.93 million.
Companies in this story: (TSX:WEED)
The Canadian Press
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