BTB Real Estate Investment Trust Management
Management criteria checks 3/4
BTB Real Estate Investment Trust's CEO is Michel Leonard, appointed in Jul 2006, has a tenure of 18.5 years. total yearly compensation is CA$1.59M, comprised of 40.4% salary and 59.6% bonuses, including company stock and options. directly owns 1.4% of the company’s shares, worth CA$4.17M. The average tenure of the management team and the board of directors is 2.5 years and 10.6 years respectively.
Key information
Michel Leonard
Chief executive officer
CA$1.6m
Total compensation
| CEO salary percentage | 40.4% |
| CEO tenure | 18.5yrs |
| CEO ownership | 1.4% |
| Management average tenure | 2.5yrs |
| Board average tenure | 10.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$22m |
| Jun 30 2024 | n/a | n/a | CA$31m |
| Mar 31 2024 | n/a | n/a | CA$35m |
| Dec 31 2023 | CA$2m | CA$644k | CA$37m |
| Sep 30 2023 | n/a | n/a | CA$37m |
| Jun 30 2023 | n/a | n/a | CA$33m |
| Mar 31 2023 | n/a | n/a | CA$41m |
| Dec 31 2022 | CA$1m | CA$625k | CA$38m |
| Sep 30 2022 | n/a | n/a | CA$60m |
| Jun 30 2022 | n/a | n/a | CA$57m |
| Mar 31 2022 | n/a | n/a | CA$46m |
| Dec 31 2021 | CA$1m | CA$597k | CA$42m |
| Sep 30 2021 | n/a | n/a | CA$22m |
| Jun 30 2021 | n/a | n/a | CA$19m |
| Mar 31 2021 | n/a | n/a | CA$11m |
| Dec 31 2020 | CA$1m | CA$580k | CA$3m |
| Sep 30 2020 | n/a | n/a | CA$41m |
| Jun 30 2020 | n/a | n/a | CA$40m |
| Mar 31 2020 | n/a | n/a | CA$45m |
| Dec 31 2019 | CA$870k | CA$564k | CA$52m |
| Sep 30 2019 | n/a | n/a | CA$35m |
| Jun 30 2019 | n/a | n/a | CA$35m |
| Mar 31 2019 | n/a | n/a | CA$36m |
| Dec 31 2018 | CA$1m | CA$555k | CA$41m |
Compensation vs Market: Michel's total compensation ($USD1.11M) is above average for companies of similar size in the Canadian market ($USD736.95K).
Compensation vs Earnings: Michel's compensation has been consistent with company performance over the past year.
CEO
Michel Leonard (67 yo)
18.5yrs
Tenure
CA$1,594,145
Compensation
Mr. Michel Leonard serves as the Chief Executive Officer and President at BTB Real Estate Investment Trust July 12, 2006. Mr. Leonard is Vice-Chairman of the Board of the Organisme d’autoréglementation du...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.5yrs | CA$1.59m | 1.4% CA$ 4.2m | |
| Vice President of Operations | 1.5yrs | CA$319.44k | 0.011% CA$ 33.4k | |
| VP & CFO | less than a year | no data | 0.0073% CA$ 21.6k | |
| Director of Communications & Investor Relations | 2.5yrs | no data | no data | |
| Director of Legal Affairs | no data | no data | no data | |
| Director of Human Resources | 3.8yrs | no data | no data | |
| Director of Corporate Accounting | no data | no data | no data | |
| Principal Controller | no data | no data | no data |
2.5yrs
Average Tenure
Experienced Management: BTB.UN's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.5yrs | CA$1.59m | 1.4% CA$ 4.2m | |
| Independent Chairman of the Board | 18.5yrs | CA$115.00k | 0.096% CA$ 284.9k | |
| Independent Trustee | 10.6yrs | CA$78.37k | 0.050% CA$ 147.3k | |
| Independent Trustee | 3.3yrs | CA$69.42k | no data | |
| Independent Vice Chairman of the Board | 18.5yrs | CA$65.00k | 0.12% CA$ 369.0k | |
| Director | less than a year | no data | no data | |
| Independent Trustee | 8.6yrs | CA$80.00k | 0.057% CA$ 169.3k | |
| Independent Trustee | 10.6yrs | CA$85.00k | 0.0020% CA$ 6.1k | |
| Independent Trustee | 1.6yrs | CA$41.50k | 0.017% CA$ 50.8k |
10.6yrs
Average Tenure
67yo
Average Age
Experienced Board: BTB.UN's board of directors are seasoned and experienced ( 10.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 06:02 |
| End of Day Share Price | 2025/01/02 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 |
| |
| 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
BTB Real Estate Investment Trust is covered by 10 analysts. 1 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 |
|---|---|
| Mark Rothschild | Canaccord Genuity |
| Brendon Abrams | Canaccord Genuity |
| Sumayya Syed Hussain | CIBC Capital Markets |