Freehold Royalties Management
Management criteria checks 3/4
Freehold Royalties' CEO is David Spyker, appointed in Sep 2020, has a tenure of 3.58 years. total yearly compensation is CA$1.31M, comprised of 18.3% salary and 81.7% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth CA$2.27M. The average tenure of the management team and the board of directors is 3.6 years and 7.9 years respectively.
Key information
David Spyker
Chief executive officer
CA$1.3m
Total compensation
| CEO salary percentage | 18.3% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.6yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Apr 20
Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Mar 06Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Feb 19Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Jan 20We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Dec 21A Look At The Intrinsic Value Of Freehold Royalties Ltd. (TSE:FRU)
Oct 17Freehold Royalties (TSE:FRU) Has Affirmed Its Dividend Of CA$0.09
Oct 17Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
Aug 28Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Jul 16An Intrinsic Calculation For Freehold Royalties Ltd. (TSE:FRU) Suggests It's 35% Undervalued
Jun 02Freehold Royalties (TSE:FRU) Will Pay A Dividend Of CA$0.09
May 15Is Freehold Royalties (TSE:FRU) A Risky Investment?
May 06Freehold Royalties' (TSE:FRU) Dividend Will Be CA$0.09
Apr 18If EPS Growth Is Important To You, Freehold Royalties (TSE:FRU) Presents An Opportunity
Mar 25Freehold Royalties (TSE:FRU) Is Paying Out A Dividend Of CA$0.09
Mar 05We Think Freehold Royalties (TSE:FRU) Can Stay On Top Of Its Debt
Feb 02Here's Why We Think Freehold Royalties (TSE:FRU) Is Well Worth Watching
Nov 08Freehold Royalties' (TSE:FRU) Dividend Will Be Increased To CA$0.09
Aug 14Freehold Royalties (TSE:FRU) Has A Pretty Healthy Balance Sheet
Aug 05Industry Analysts Just Made A Meaningful Upgrade To Their Freehold Royalties Ltd. (TSE:FRU) Revenue Forecasts
Jul 10Freehold Royalties Ltd. (TSE:FRU) Shares Could Be 44% Below Their Intrinsic Value Estimate
Jul 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$1m | CA$241k | CA$132m |
| Sep 30 2023 | n/a | n/a | CA$138m |
| Jun 30 2023 | n/a | n/a | CA$159m |
| Mar 31 2023 | n/a | n/a | CA$202m |
| Dec 31 2022 | CA$1m | CA$218k | CA$209m |
| Sep 30 2022 | n/a | n/a | CA$200m |
| Jun 30 2022 | n/a | n/a | CA$159m |
| Mar 31 2022 | n/a | n/a | CA$105m |
| Dec 31 2021 | CA$624k | CA$187k | CA$72m |
| Sep 30 2021 | n/a | n/a | CA$41m |
| Jun 30 2021 | n/a | n/a | CA$19m |
| Mar 31 2021 | n/a | n/a | CA$726k |
| Dec 31 2020 | CA$355k | CA$135k | -CA$14m |
| Sep 30 2020 | n/a | n/a | -CA$8m |
| Jun 30 2020 | n/a | n/a | -CA$6m |
| Mar 31 2020 | n/a | n/a | CA$3m |
| Dec 31 2019 | CA$347k | CA$126k | CA$5m |
| Sep 30 2019 | n/a | n/a | -CA$5m |
| Jun 30 2019 | n/a | n/a | CA$574k |
| Mar 31 2019 | n/a | n/a | CA$3m |
| Dec 31 2018 | CA$273k | CA$118k | CA$14m |
| Sep 30 2018 | n/a | n/a | CA$10m |
| Jun 30 2018 | n/a | n/a | CA$2m |
| Mar 31 2018 | n/a | n/a | CA$10m |
| Dec 31 2017 | CA$256k | CA$115k | CA$12m |
Compensation vs Market: David's total compensation ($USD954.16K) is below average for companies of similar size in the Canadian market ($USD2.25M).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
David Spyker (59 yo)
3.6yrs
Tenure
CA$1,313,637
Compensation
Mr. David Michael Spyker serves as President, Chief Executive Officer and Director at Freehold Royalties Ltd. since January 20, 2021. Mr. Spyker serves as President and Chief Executive Officer at Rife Reso...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.6yrs | CA$1.31m | 0.11% CA$ 2.3m | |
| VP of Finance & CFO | 4.3yrs | CA$567.49k | 0.027% CA$ 566.7k | |
| Chief Operating Officer | less than a year | CA$502.38k | 0.028% CA$ 602.1k | |
| Vice President of Business Development | no data | CA$379.90k | 0.0077% CA$ 165.3k | |
| Manager of Investor Relations & Capital Markets | no data | no data | no data | |
| General Counsel & Corporate Secretary | 1.6yrs | no data | no data | |
| Controller | 15.7yrs | no data | no data |
3.6yrs
Average Tenure
Experienced Management: FRU's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | CA$1.31m | 0.11% CA$ 2.3m | |
| Independent Chairman of the Board | 8.9yrs | CA$222.00k | 0.12% CA$ 2.6m | |
| Independent Corporate Director | 8.9yrs | CA$160.00k | 0.022% CA$ 472.5k | |
| Independent Director | 10.9yrs | CA$170.00k | 0.021% CA$ 449.0k | |
| Non Independent Director | 27.8yrs | CA$160.00k | 0.018% CA$ 382.6k | |
| Independent Director | 2.2yrs | CA$175.00k | 0.014% CA$ 297.7k | |
| Independent Director | 1.8yrs | CA$160.00k | 0.0029% CA$ 60.9k | |
| Independent Director | 1.8yrs | CA$160.00k | 0.0013% CA$ 26.7k | |
| Independent Corporate Director | 7.9yrs | CA$175.00k | 0.010% CA$ 212.5k |
7.9yrs
Average Tenure
66yo
Average Age
Experienced Board: FRU's board of directors are considered experienced (7.9 years average tenure).