GrowGeneration Corp. (GRWG)

15.62 +0.16 (+1.03%) At close: 04:00PM EST

GrowGeneration Corp.

930 West 7th Avenue
Suite A
Denver, CO 80204
United States
800 935 8420
http://www.growgeneration.com

Sector(s): Consumer Cyclical
Industry: Home Improvement Retail
Full-time employees: 590

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Darren Lampert	Co-Founder, CEO & Director	870.66k	N/A	1961
Mr. Michael Salaman	Co-Founder, Pres & Director	870.66k	N/A	1961
Mr. Tony Sullivan	Exec. VP & COO	345k	N/A	1965
Mr. Jeffrey J. Lasher	CFO & Sec.	N/A	N/A	1964
Mr. Joe Prinzivalli	Chief Technology Officer	N/A	N/A	1981
Mr. Robert L. Nardelli	Sr. Strategic Advisor to CEO & Board of Directors	N/A	N/A	1948
Mr. Dennis Sheldon	Sr. VP of Global Supply Chain	N/A	N/A	1962
Mr. Paul Rutenis	Chief Merchandise Officer	N/A	N/A	1966

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of horticultural, organics, and lighting and hydroponics products, including lighting fixtures, nutrients, seeds and growing media, systems, trays, fans, filters, humidifiers and dehumidifiers, timers, instruments, water pumps, irrigation supplies, and hand tools. The company also operates GrowGen.Pro, an online e-commerce store. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 16, 2021, it operated a chain of 51 stores, which includes 8 locations in Colorado, 18 locations in California, 2 locations in Nevada, 1 location in Arizona, 2 locations in Washington, 6 locations in Michigan, 1 location in Rhode Island, 5 locations in Oklahoma, 2 locations in Oregon, 5 locations in Maine, and 1 location in Florida, as well as an online e-commerce store. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is headquartered in Denver, Colorado.

Corporate governance

GrowGeneration Corp.’s ISS governance QualityScore as of 1 June 2021 is 10. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 3; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.