---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-123094"
form_type: "8-K"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2024-11-26T23:59:59+00:00"
generated_at: "2026-05-29T17:56:41.909352+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Canopy Growth names board member Luc Mongeau as CEO, effective Jan 6, 2025

## Summary
- Luc Mongeau, CPG veteran and board member since Feb 2024, becomes CEO on Jan 6, 2025; David Klein steps down to special advisor.
- Base salary CAD$975k, annual bonus target 100% of base (up to 200% payout), equity grant target 300% of base.
- One-time grant of 50,000 RSUs and options for 225,000 shares, vesting over 3 years from grant date.
- Klein to serve as special advisor through Aug 31, 2025; board seeking new independent director for vacancy.
- Mongeau replaced on CGCN Committee by independent director Willy Kruh.

## SEC filing metadata
- accession: 0001104659-24-123094
- form_type: 8-K
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2024-11-26T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000110465924123094/0001104659-24-123094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000110465924123094/tm2429555d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-123094
- JSON: https://secwatch.observer/filing/0001104659-24-123094.json
- Plain text: https://secwatch.observer/filing/0001104659-24-123094.txt

## Key facts
- Executive change
  Luc Mongeau was appointed as Chief Executive Officer at Canopy Growth Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed Luc Mongeau, a current member of the Board, to serve as Chief Executive Officer (“CEO”) of the Company (the “Appointment”), effective January 6, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737927/000110465924123094/0001104659-24-123094-index.htm
- Executive change
  David Klein departed as Chief Executive Officer at Canopy Growth Corp.
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: Mr. Klein will continue in his role as CEO and a member of the Board until the Start Date, at which time Mr. Klein will step down from the Board and will serve as Special Advisor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737927/000110465924123094/0001104659-24-123094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.