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 1.08 years. total yearly compensation is CA$2.36M, comprised of 21.3% salary and 78.7% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth CA$77.72K. The average tenure of the management team and the board of directors is 3.3 years and 3.4 years respectively.
Key information
Mark Holly
Chief executive officer
CA$2.4m
Total compensation
| CEO salary percentage | 21.3% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.003% |
| Management average tenure | 3.3yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$504k | CA$99m |
Compensation vs Market: Mark's total compensation ($USD1.73M) is about average for companies of similar size in the Canadian market ($USD2.26M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
CEO
Mark Holly (46 yo)
1.1yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.1yrs | CA$2.36m | 0.0033% CA$ 77.7k | |
| Executive Vice President of Leasing & Operations | no data | CA$708.66k | no data | |
| General Counsel & Secretary | 7.6yrs | CA$509.20k | 0.00028% CA$ 6.7k | |
| Executive Vice President of Corporate Development | 7.6yrs | CA$941.11k | no data | |
| Strategic Advisor | 1.2yrs | CA$2.03m | no data | |
| Interim Chief Financial Officer | less than a year | no data | 0.00088% CA$ 20.9k | |
| Vice President of Investments | no data | no data | no data | |
| Director of Investor Relations & Financial Analysis | no data | no data | no data | |
| Chief Talent Officer & VP of Communications | 7.6yrs | CA$575.63k | no data | |
| Manager of Marketing & Public Relations | no data | no data | no data | |
| Senior VP of People & Culture | 3.3yrs | no data | no data | |
| Vice President of Sustainability | no data | no data | no data |
3.3yrs
Average Tenure
50yo
Average Age
Experienced Management: CRR.UN's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.1yrs | CA$2.36m | 0.0033% CA$ 77.7k | |
| Independent Trustee | 18.2yrs | CA$84.00k | no data | |
| Independent Trustee | 5.2yrs | CA$96.75k | 0.012% CA$ 276.4k | |
| Independent Trustee | 2.2yrs | CA$74.25k | 0.0068% CA$ 160.9k | |
| Independent Chairman of the Board | 12.9yrs | CA$164.00k | 0% CA$ 0 | |
| Independent Trustee | 6.8yrs | CA$79.25k | 0.016% CA$ 380.3k | |
| Independent Trustee | 3.9yrs | CA$95.75k | 0.016% CA$ 380.5k | |
| Independent Trustee | 1.9yrs | CA$86.00k | 0.0036% CA$ 86.3k | |
| Independent Trustee | 2.9yrs | CA$104.63k | 0.0066% CA$ 158.0k | |
| Independent Trustee | 7.5yrs | CA$93.00k | 0.045% CA$ 1.1m | |
| Independent Trustee | 1.6yrs | CA$75.25k | 0.00045% CA$ 10.7k | |
| Independent Trustee | less than a year | CA$71.00k | no data |
3.4yrs
Average Tenure
62.5yo
Average Age
Experienced Board: CRR.UN's board of directors are considered experienced (3.4 years average tenure).