Nova Net Lease REIT Management
Management criteria checks 2/4
Nova Net Lease REIT's CEO is James MacDonald, appointed in May 2022, has a tenure of 2.67 years. total yearly compensation is $262.50K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.26% of the company’s shares, worth $69.97K. The average tenure of the management team and the board of directors is 3.5 years and 3.2 years respectively.
Key information
James MacDonald
Chief executive officer
US$262.5k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.7yrs |
| CEO ownership | 1.3% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$905k |
| Jun 30 2024 | n/a | n/a | US$2m |
| Mar 31 2024 | n/a | n/a | -US$536k |
| Dec 31 2023 | US$263k | US$263k | US$2m |
| Sep 30 2023 | n/a | n/a | US$9m |
| Jun 30 2023 | n/a | n/a | US$7m |
| Mar 31 2023 | n/a | n/a | US$8m |
| Dec 31 2022 | US$188k | US$188k | US$8m |
Compensation vs Market: James's total compensation ($USD262.50K) is above average for companies of similar size in the Canadian market ($USD164.10K).
Compensation vs Earnings: James's compensation has increased whilst the company is unprofitable.
CEO
James MacDonald
2.7yrs
Tenure
US$262,500
Compensation
He serves as Director of Information Systems and a Partner at Plainview Capital LLC. He served as an Executive Vice President of Corporate Development at Acreage Holdings, Inc. till March 2020. He serves a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.7yrs | US$262.50k | 1.26% $ 70.0k | |
| CFO & Executive VP | 3.5yrs | US$166.50k | 2.69% $ 149.5k | |
| Chief Investment Officer & Executive VP | 3.5yrs | US$166.50k | 1.02% $ 56.7k |
3.5yrs
Average Tenure
Experienced Management: NNL.U's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chair of the Board | 3.5yrs | US$15.00k | 9.65% $ 537.1k | |
| Independent Trustee | 3.2yrs | US$17.50k | 2.68% $ 149.3k | |
| Independent Trustee | 2.5yrs | US$12.50k | 0.95% $ 53.0k | |
| Independent Trustee | 3.2yrs | US$15.00k | 2.62% $ 145.5k | |
| Independent Vice-Chair of the Board | 3.2yrs | US$15.00k | 6.14% $ 341.8k | |
| Independent Trustee | 3.3yrs | US$15.00k | 1.68% $ 93.3k | |
| Independent Trustee | 3.2yrs | US$12.50k | 2.55% $ 141.8k | |
| Special Advisor & Observer | no data | no data | no data |
3.2yrs
Average Tenure
67yo
Average Age
Experienced Board: NNL.U's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/30 08:00 |
| End of Day Share Price | 2025/01/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nova Net Lease REIT is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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