Crombie Real Estate Investment Trust

TSX:CRR.UN Stock Report

Market Cap: CA$2.7b

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 2.08 years. total yearly compensation is CA$2.59M, comprised of 28% salary and 72% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth CA$158.94K. The average tenure of the management team and the board of directors is 1.7 years and 3.5 years respectively.

Key information

Mark Holly

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage28.0%
CEO tenure2.1yrs
CEO ownership0.006%
Management average tenure1.7yrs
Board average tenure3.5yrs

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
Dec 31 2024CA$3mCA$725k

CA$158m

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 ($USD1.88M) is about average for companies of similar size in the Canadian market ($USD2.43M).

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

CEO

Mark Holly (47 yo)

2.1yrs

Tenure

CA$2,585,204

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
President2.1yrsCA$2.59m0.0059%
CA$ 158.9k
Kara Cameron
Chief Financial Officer1.2yrsCA$686.81k0.0014%
CA$ 37.0k
Arie Bitton
Executive Vice President of Leasing & Operationsno dataCA$814.68kno data
John Barnoski
Executive Vice President of Corporate Development8.6yrsCA$997.01kno data
Victor Settino
Executive Vice President of Development & Construction1.3yrsCA$1.02mno data
Jennifer Sieber
Vice President of Investmentsno datano datano data
Matt March
Vice President of Accounting & Financial Reportingless than a yearno datano data
Ruth Martin
Director of Investor Relations & Financial Analysisno datano datano data
Elizabeth Engram
Manager of Marketing & Public Relationsno datano datano data
Ashley Harrison
Senior VP of People & Culture4.3yrsno datano data
Brady Landry
Vice President of Financial Analysis & Treasuryno datano datano data

1.7yrs

Average Tenure

47.5yo

Average Age

Experienced Management: CRR.UN's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Mark Holly
President2.1yrsCA$2.59m0.0059%
CA$ 158.9k
Paul Beesley
Independent Trustee6.2yrsCA$112.25k0.012%
CA$ 327.3k
Michael Vels
Independent Trustee3.2yrsCA$86.75k0.0067%
CA$ 178.5k
James Dickson
Independent Trustee7.8yrsCA$83.75k0.016%
CA$ 421.9k
Karen Weaver
Independent Trustee4.9yrsCA$105.75k0.017%
CA$ 446.5k
Michael Waters
Independent Trustee2.9yrsCA$106.75k0.0038%
CA$ 102.1k
Vivek Sood
Independent Trusteeless than a yearCA$46.00kno data
A. Craighead
Independent Trustee3.9yrsCA$105.25k0.0070%
CA$ 187.6k
Jason Shannon
Independent Chair8.5yrsCA$134.50k0.051%
CA$ 1.4m
Heather Grey-Wolf
Independent Trustee1.9yrsCA$95.75kno data

3.5yrs

Average Tenure

59yo

Average Age

Experienced Board: CRR.UN's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/30 11:35
End of Day Share Price 2025/04/30 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Crombie Real Estate Investment Trust is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Karine MacIndoeBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity