Canadian Apartment Properties Real Estate Investment Trust

TSX:CAR.UN Stock Report

Mkt Cap: CA$8.6b

Canadian Apartment Properties Real Estate Investment Trust Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Mark Kenney (54 yo)

3.92yrs

Tenure

CA$4,268,918

Compensation

Mr. Mark Kenney has been President of Canadian Apartment Properties Real Estate Investment Trust since November 14, 2018 and serves as its Chief Executive Officer since March 27, 2019. Mr. Kenney also serv...


CEO Compensation Analysis

How has Mark Kenney's remuneration changed compared to Canadian Apartment Properties Real Estate Investment Trust's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

CA$503m

Jun 30 2022n/an/a

CA$630m

Mar 31 2022n/an/a

CA$1b

Dec 31 2021CA$4mCA$820k

CA$1b

Sep 30 2021n/an/a

CA$1b

Jun 30 2021n/an/a

CA$1b

Mar 31 2021n/an/a

CA$950m

Dec 31 2020CA$4mCA$828k

CA$926m

Sep 30 2020n/an/a

CA$933m

Jun 30 2020n/an/a

CA$964m

Mar 31 2020n/an/a

CA$1b

Dec 31 2019CA$3mCA$694k

CA$1b

Sep 30 2019n/an/a

CA$1b

Jun 30 2019n/an/a

CA$1b

Mar 31 2019n/an/a

CA$1b

Dec 31 2018CA$2mCA$446k

CA$1b

Sep 30 2018n/an/a

CA$858m

Jun 30 2018n/an/a

CA$955m

Mar 31 2018n/an/a

CA$796m

Dec 31 2017CA$2mCA$443k

CA$837m

Sep 30 2017n/an/a

CA$584m

Jun 30 2017n/an/a

CA$499m

Mar 31 2017n/an/a

CA$495m

Dec 31 2016CA$2mCA$429k

CA$439m

Compensation vs Market: Mark's total compensation ($USD3.19M) is below average for companies of similar size in the Canadian market ($USD4.71M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mark Kenney
CEO, President & Trustee4.25yrsCA$4.27m0.16%
CA$ 13.8m
Stephen Co
CFO & VP of Accounting0.83yrno data0.0020%
CA$ 172.8k
Georgeta Morar
Senior Director of Operationsno datano datano data
Julian Schonfeldt
Chief Investment Officer1.08yrsno datano data
Clayton Yeung
Senior Vice President of Financial Reporting & Accounting1.08yrsno datano data
Andrew Wood
Executive Vice President of Technology2.08yrsno datano data
Archna Sharma
Executive Vice President of Risk & Compliance1.08yrsno datano data
Jodi Lieberman
Chief Peopleno datano data0.012%
CA$ 1.0m
Gobal Mailwaganam
MD and Director of Housing & Municipal Affairsno datano datano data
Patti Baker
Managing Directorno datano datano data
Lily Thai
Vice President of Acquisitions2.08yrsno datano data
Larry Greer
Senior Vice President of Tax & Government Relations1.08yrsno datano data

1.1yrs

Average Tenure

Experienced Management: CAR.UN's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Kenney
CEO, President & Trustee3.92yrsCA$4.27m0.16%
CA$ 13.8m
Rene Tremblay
Independent Trustee3.08yrsCA$170.00kno data
Gervais Levasseur
Trustee0.25yrno datano data
Kenneth Silver
Trustee0.25yrno datano data
Harold Burke
Independent Trustee12.75yrsCA$131.25kno data
Gina Cody
Independent Chair of the Board5.75yrsCA$220.00k0.013%
CA$ 1.1m
Elaine Todres
Independent Trustee9.75yrsCA$152.50k0.0018%
CA$ 149.7k
Jamie Schwartz
Independent Trustee4.92yrsCA$127.50k0.00010%
CA$ 8.6k
Lori-Ann Beausoleil
Independent Trustee1.67yrsCA$98.54kno data

3.9yrs

Average Tenure

64yo

Average Age

Experienced Board: CAR.UN's board of directors are considered experienced (3.9 years average tenure).