Choice Properties Real Estate Investment Trust

TSX:CHP.UN Stock Report

Market Cap: CA$4.6b

Choice Properties Real Estate Investment Trust Management

Management criteria checks 2/4

Choice Properties Real Estate Investment Trust's CEO is Rael Diamond, appointed in May 2019, has a tenure of 5.5 years. total yearly compensation is CA$4.19M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth CA$14.67M. The average tenure of the management team and the board of directors is 1.8 years and 3.9 years respectively.

Key information

Rael Diamond

Chief executive officer

CA$4.2m

Total compensation

CEO salary percentage19.2%
CEO tenure5.5yrs
CEO ownership0.3%
Management average tenure1.8yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rael Diamond's remuneration changed compared to Choice Properties Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$453m

Jun 30 2024n/an/a

CA$646m

Mar 31 2024n/an/a

CA$668m

Dec 31 2023CA$4mCA$807k

CA$797m

Sep 30 2023n/an/a

CA$663m

Jun 30 2023n/an/a

CA$1b

Mar 31 2023n/an/a

CA$628m

Dec 31 2022CA$4mCA$780k

CA$744m

Sep 30 2022n/an/a

CA$1b

Jun 30 2022n/an/a

CA$376m

Mar 31 2022n/an/a

CA$472m

Dec 31 2021CA$3mCA$770k

CA$23m

Sep 30 2021n/an/a

CA$303m

Jun 30 2021n/an/a

CA$236m

Mar 31 2021n/an/a

CA$56m

Dec 31 2020CA$3mCA$750k

CA$451m

Sep 30 2020n/an/a

CA$627m

Jun 30 2020n/an/a

CA$319m

Mar 31 2020n/an/a

CA$654m

Dec 31 2019CA$3mCA$684k

-CA$581m

Sep 30 2019n/an/a

-CA$594m

Jun 30 2019n/an/a

-CA$320m

Mar 31 2019n/an/a

-CA$880m

Dec 31 2018CA$2mCA$540k

CA$650m

Sep 30 2018n/an/a

CA$404m

Jun 30 2018n/an/a

CA$645m

Mar 31 2018n/an/a

CA$1b

Dec 31 2017CA$2mCA$525k

CA$404m

Compensation vs Market: Rael's total compensation ($USD3.00M) is about average for companies of similar size in the Canadian market ($USD3.14M).

Compensation vs Earnings: Rael's compensation has increased whilst the company is unprofitable.

CEO

Rael Diamond (47 yo)

5.5yrs

Tenure

CA$4,193,075

Compensation

Mr. Rael Lee Diamond, CA, CPA, has been Director at Choice Properties Real Estate Investment Trust since April 25, 2023 and its President and Chief Executive Officer since May 1, 2019 and had been its Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Rael Diamond
President5.5yrsCA$4.19m0.32%
CA$ 14.7m
Mario Barrafato
Chief Financial Officer6.5yrsCA$1.69m0.097%
CA$ 4.5m
Niall Collins
COO and Executive VP of Development & Constructionless than a yearCA$1.80m0.022%
CA$ 1.0m
Simone Cole
VP, General Counsel & Secretary1.8yrsCA$768.44k0.0053%
CA$ 244.6k
Mario Fatica
Senior Vice President of Commercial Developmentno dataCA$1.04mno data
Erin Johnston
Senior Vice President of Financeless than a yearno datano data
Orit Sarfaty
Vice President of Sustainability & Placemaking1.8yrsno datano data
Julie Robinson
Senior Vice President of Construction1.8yrsno datano data
Marcus Bertagnolli
Senior Vice President of Technology Solutionsless than a yearno datano data

1.8yrs

Average Tenure

Experienced Management: CHP.UN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Rael Diamond
President1.6yrsCA$4.19m0.32%
CA$ 14.7m
R. Michael Latimer
Independent Trustee6.5yrsCA$147.00k0.0012%
CA$ 54.1k
L. Cross
Independent Trustee4.2yrsCA$148.00kno data
Karen Kinsley
Independent Trustee6.5yrsCA$163.22k0.0048%
CA$ 219.4k
Dale Ponder
Independent Trustee5.5yrsCA$148.00k0.00071%
CA$ 32.5k
Nancy H. Lockhart
Independent Trustee5.5yrsCA$147.00k0.0076%
CA$ 349.1k
Qi Tang
Independent Trustee1.6yrsCA$101.38kno data
Gordon Andrew Currie
Chairman of the Board3.6yrsCA$165.00k0.013%
CA$ 588.7k
Cornell Wright
Trustee2.6yrsCA$135.00kno data
Diane Kazarian
Independent Trustee2.3yrsCA$148.00k0.0050%
CA$ 227.2k

3.9yrs

Average Tenure

65yo

Average Age

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