Morguard Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Kuldip Sahi
Chief executive officer
CA$3.2m
Total compensation
| CEO salary percentage | 40.0% |
| CEO tenure | 34.3yrs |
| CEO ownership | 61.9% |
| Management average tenure | 13.5yrs |
| Board average tenure | 8.5yrs |
Recent management updates
Recent updates
Why Morguard Corporation (TSE:MRC) Could Be Worth Watching
Jan 11
What Is Morguard Corporation's (TSE:MRC) Share Price Doing?
Aug 17Here's Why Morguard (TSE:MRC) Is Weighed Down By Its Debt Load
Jan 11Is Morguard (TSE:MRC) A Risky Investment?
May 24We Discuss Why Morguard Corporation's (TSE:MRC) CEO Compensation May Be Closely Reviewed
Apr 28Is There Now An Opportunity In Morguard Corporation (TSE:MRC)?
Mar 23What You Need To Know About Morguard Corporation's (TSE:MRC) Investor Composition
Feb 27Does Morguard (TSE:MRC) Have A Healthy Balance Sheet?
Feb 09
If You Had Bought Morguard's (TSE:MRC) Shares A Year Ago You Would Be Down 43%
Jan 14Are Morguard's (TSE:MRC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 30When Should You Buy Morguard Corporation (TSE:MRC)?
Dec 17Have Insiders Sold Morguard Corporation (TSE:MRC) Shares Recently?
Dec 04Do Insiders Own Lots Of Shares In Morguard Corporation (TSE:MRC)?
Nov 24When Should You Buy Morguard Corporation (TSE:MRC)?
Sep 10Here's Why We Think Morguard's (TSE:MRC) Statutory Earnings Might Be Conservative
Aug 26These 4 Measures Indicate That Morguard (TSE:MRC) Is Using Debt Extensively
Aug 11How Much Is Morguard Corporation (TSE:MRC) Paying Its CEO?
Jul 27Investors Continue Waiting On Sidelines For Morguard Corporation (TSE:MRC)
Jul 13What Kind Of Shareholder Owns Most Morguard Corporation (TSE:MRC) Stock?
Jun 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$198m |
| Jun 30 2024 | n/a | n/a | CA$203m |
| Mar 31 2024 | n/a | n/a | CA$239m |
| Dec 31 2023 | CA$3m | CA$1m | CA$74m |
| Sep 30 2023 | n/a | n/a | -CA$322m |
| Jun 30 2023 | n/a | n/a | -CA$261m |
| Mar 31 2023 | n/a | n/a | -CA$118m |
| Dec 31 2022 | CA$3m | CA$1m | CA$123m |
| Sep 30 2022 | n/a | n/a | CA$621m |
| Jun 30 2022 | n/a | n/a | CA$657m |
| Mar 31 2022 | n/a | n/a | CA$441m |
| Dec 31 2021 | CA$3m | CA$1m | CA$250m |
| Sep 30 2021 | n/a | n/a | CA$72m |
| Jun 30 2021 | n/a | n/a | -CA$35m |
| Mar 31 2021 | n/a | n/a | -CA$117m |
| Dec 31 2020 | CA$3m | CA$1m | -CA$99m |
| Sep 30 2020 | n/a | n/a | CA$48m |
| Jun 30 2020 | n/a | n/a | CA$52m |
| Mar 31 2020 | n/a | n/a | CA$187m |
| Dec 31 2019 | CA$3m | CA$1m | CA$187m |
| Sep 30 2019 | n/a | n/a | CA$183m |
| Jun 30 2019 | n/a | n/a | CA$231m |
| Mar 31 2019 | n/a | n/a | CA$237m |
| Dec 31 2018 | CA$3m | CA$1m | CA$320m |
| Sep 30 2018 | n/a | n/a | CA$354m |
| Jun 30 2018 | n/a | n/a | CA$335m |
| Mar 31 2018 | n/a | n/a | CA$411m |
| Dec 31 2017 | CA$3m | CA$1m | CA$310m |
Compensation vs Market: Kuldip's total compensation ($USD2.26M) is about average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Kuldip's compensation has been consistent with company performance over the past year.
CEO
Kuldip Sahi (77 yo)
34.3yrs
Tenure
CA$3,162,165
Compensation
Mr. Kuldip Rai Sahi, FCA, FCPA, FCGA, has been the Chief Executive Officer of Morguard Real Estate Investment Trust since July 31, 2001 and has been its President since October 21, 2005 and has been its Tr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | CA$3.16m | 61.89% CA$ 792.1m | |
| President | less than a year | CA$613.27k | no data | |
| Senior VP & CFO | 17.6yrs | CA$678.82k | 0.097% CA$ 1.2m | |
| Senior Vice President of Morguard Management | no data | CA$809.34k | no data | |
| Senior Vice President of Retail Leasing & Operations - MIL | no data | CA$559.69k | no data | |
| Senior VP | 20.1yrs | no data | 0.037% CA$ 473.5k | |
| Senior VP of Finance & CFO of Services MIL | no data | no data | no data | |
| Chief Financial Officer of MRT | no data | no data | no data | |
| Senior Vice President of Development - Morguard Investments Limited | no data | CA$385.82k | no data | |
| Vice President of Development | no data | no data | no data | |
| President & COO of Morguard Investments Ltd. | 9.5yrs | CA$383.19k | no data | |
| Vice President of Planning & Corporate Development | no data | no data | no data |
13.5yrs
Average Tenure
Experienced Management: MRC's management team is seasoned and experienced (13.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 34.3yrs | CA$3.16m | 61.89% CA$ 792.1m | |
| President | 7.5yrs | CA$613.27k | no data | |
| Independent Director | 9.5yrs | CA$50.00k | 0.029% CA$ 372.9k | |
| Independent Director | 4.5yrs | CA$54.00k | 0.028% CA$ 355.1k | |
| Director | less than a year | no data | 0.074% CA$ 947.0k | |
| Lead Independent Director | 14.5yrs | CA$103.00k | 0.27% CA$ 3.4m | |
| Independent Director | 4.3yrs | CA$67.39k | 0.21% CA$ 2.7m | |
| Independent Director | 14yrs | CA$57.50k | 0.028% CA$ 355.1k |
8.5yrs
Average Tenure
70.5yo
Average Age
Experienced Board: MRC's board of directors are considered experienced (8.5 years average tenure).