Crombie Real Estate Investment Trust

TSX:CRR.UN Stock Report

Market Cap: CA$2.6b

Crombie Real Estate Investment Trust Management

Management criteria checks 3/4

Crombie Real Estate Investment Trust's CEO is Mark Holly, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is CA$2.36M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth CA$157.34K. The average tenure of the management team and the board of directors is 3.8 years and 3.1 years respectively.

Key information

Mark Holly

Chief executive officer

CA$2.4m

Total compensation

CEO salary percentage21.3%
CEO tenure1.7yrs
CEO ownership0.006%
Management average tenure3.8yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mark Holly's remuneration changed compared to Crombie Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$108m

Jun 30 2024n/an/a

CA$110m

Mar 31 2024n/an/a

CA$100m

Dec 31 2023CA$2mCA$504k

CA$99m

Compensation vs Market: Mark's total compensation ($USD1.69M) is about average for companies of similar size in the Canadian market ($USD2.06M).

Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.

CEO

Mark Holly (47 yo)

1.7yrs

Tenure

CA$2,364,958

Compensation

Mr. Mark Holly is President, CEO & Trustee of Crombie Real Estate Investment Trust from March 01, 2023. He began his career with TACC Developments, where he oversaw commercial and industrial development pr...

Leadership Team

NamePositionTenureCompensationOwnership
Mark Holly
President1.7yrsCA$2.36m0.0060%
CA$ 157.3k
Arie Bitton
Executive Vice President of Leasing & Operationsno dataCA$708.66kno data
Fred Santini
General Counsel & Secretary8.2yrsCA$509.20k0.00027%
CA$ 7.1k
John Barnoski
Executive Vice President of Corporate Development8.2yrsCA$941.11kno data
Donald Clow
Strategic Advisor1.8yrsCA$2.03mno data
Kara Cameron
Interim Chief Financial Officerless than a yearno data0.00087%
CA$ 22.9k
Jennifer Sieber
Vice President of Investmentsno datano datano data
Ruth Martin
Director of Investor Relations & Financial Analysisno datano datano data
Cheryl Fraser
Chief Talent Officer & VP of Communications8.2yrsCA$575.63kno data
Elizabeth Engram
Manager of Marketing & Public Relationsno datano datano data
Ashley Harrison
Senior VP of People & Culture3.8yrsno datano data
Dan Bourque
Vice President of Sustainabilityno datano datano data

3.8yrs

Average Tenure

51yo

Average Age

Experienced Management: CRR.UN's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mark Holly
President1.7yrsCA$2.36m0.0060%
CA$ 157.3k
Paul Beesley
Independent Trustee5.8yrsCA$96.75k0.012%
CA$ 303.3k
Michael Vels
Independent Trustee2.8yrsCA$74.25k0.0067%
CA$ 176.6k
James Dickson
Independent Trustee7.4yrsCA$79.25k0.016%
CA$ 417.5k
Karen Weaver
Independent Trustee4.5yrsCA$95.75k0.016%
CA$ 417.7k
Michael Waters
Independent Trustee2.5yrsCA$86.00k0.0036%
CA$ 94.6k
Vivek Sood
Directorless than a yearno datano data
A. Craighead
Independent Trustee3.5yrsCA$104.63k0.0066%
CA$ 173.4k
Jason Shannon
Independent Director8.1yrsCA$93.00k0.045%
CA$ 1.2m
Heather Grey-Wolf
Independent Trustee1.5yrsCA$71.00kno data

3.1yrs

Average Tenure

62yo

Average Age

Experienced Board: CRR.UN's board of directors are considered experienced (3.1 years average tenure).