CT Real Estate Investment Trust

TSX:CRT.UN Stock Report

Market Cap: CA$3.4b

CT Real Estate Investment Trust Management

Management criteria checks 3/4

CT Real Estate Investment Trust's CEO is Kevin Salsberg, appointed in Mar 2021, has a tenure of 3.75 years. total yearly compensation is CA$2.06M, comprised of 30.5% salary and 69.5% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth CA$790.45K. The average tenure of the management team and the board of directors is 2.9 years and 5.6 years respectively.

Key information

Kevin Salsberg

Chief executive officer

CA$2.1m

Total compensation

CEO salary percentage30.5%
CEO tenure3.8yrs
CEO ownership0.02%
Management average tenure2.9yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

If EPS Growth Is Important To You, CT Real Estate Investment Trust (TSE:CRT.UN) Presents An Opportunity

Jul 14
If EPS Growth Is Important To You, CT Real Estate Investment Trust (TSE:CRT.UN) Presents An Opportunity

Does CT Real Estate Investment Trust (TSE:CRT.UN) Deserve A Spot On Your Watchlist?

Mar 28
Does CT Real Estate Investment Trust (TSE:CRT.UN) Deserve A Spot On Your Watchlist?

CEO Compensation Analysis

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

CA$155m

Jun 30 2024n/an/a

CA$117m

Mar 31 2024n/an/a

CA$120m

Dec 31 2023CA$2mCA$630k

CA$105m

Sep 30 2023n/an/a

CA$122m

Jun 30 2023n/an/a

CA$152m

Mar 31 2023n/an/a

CA$138m

Dec 31 2022CA$2mCA$549k

CA$148m

Sep 30 2022n/an/a

CA$171m

Jun 30 2022n/an/a

CA$172m

Mar 31 2022n/an/a

CA$217m

Dec 31 2021CA$1mCA$467k

CA$208m

Sep 30 2021n/an/a

CA$157m

Jun 30 2021n/an/a

CA$151m

Mar 31 2021n/an/a

CA$98m

Dec 31 2020CA$967kCA$418k

CA$84m

Sep 30 2020n/an/a

CA$112m

Jun 30 2020n/an/a

CA$119m

Mar 31 2020n/an/a

CA$125m

Dec 31 2019CA$919kCA$391k

CA$137m

Sep 30 2019n/an/a

CA$134m

Jun 30 2019n/an/a

CA$132m

Mar 31 2019n/an/a

CA$129m

Dec 31 2018CA$820kCA$357k

CA$128m

Sep 30 2018n/an/a

CA$137m

Jun 30 2018n/an/a

CA$134m

Mar 31 2018n/an/a

CA$134m

Dec 31 2017CA$695kCA$305k

CA$136m

Compensation vs Market: Kevin's total compensation ($USD1.44M) is below average for companies of similar size in the Canadian market ($USD2.17M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.

CEO

Kevin Salsberg (43 yo)

3.8yrs

Tenure

CA$2,063,271

Compensation

Mr. Kevin Salsberg serves as President and CEO at CT Real Estate Investment Trust (REIT) since March 01, 2021 and served as its Chief Operating Officer since November 5, 2019 until 2022. He serves as its D...

Leadership Team

NamePositionTenureCompensationOwnership
Kevin Salsberg
President3.8yrsCA$2.06m0.024%
CA$ 815.7k
Lesley Gibson
Senior VP & CFO6.2yrsCA$1.14m0.018%
CA$ 623.1k
Jodi Shpigel
Senior Vice-President of Real Estate2.6yrsCA$847.73kno data
Victor Iaccino
Vice President of Operations1.8yrsno datano data
Kanistan Emmanuvel
Associate Vice President of Asset Management & Investments2.9yrsno datano data
Marina Davies
Associate Vice President of Investor Relationsno datano datano data
Kimberley Graham
Senior VPno datano data0.0021%
CA$ 72.3k
Jane Shaw
Vice-President of Communicationsno datano datano data
Andrea Orzech
Associate Vice-President of Investor Relationsno datano datano data

2.9yrs

Average Tenure

48yo

Average Age

Experienced Management: CRT.UN's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Salsberg
President2.6yrsCA$2.06m0.024%
CA$ 815.7k
Dean McCann
Trustee11.3yrsCA$75.25k0.012%
CA$ 409.9k
John O'Bryan
Independent Chairman11.3yrsCA$115.96k0.012%
CA$ 406.1k
Heather Briant
Independent Trustee6.6yrsCA$92.00kno data
Gregory Craig
Non-Independent Trustee3.6yrsno datano data
Anna Martini
Independent Trustee11.2yrsCA$98.00kno data
Pauline Alimchandani
Independent Director1.6yrsCA$49.85kno data
Kelly Smith
Independent Trustee4.6yrsCA$88.96k0.00084%
CA$ 28.9k

5.6yrs

Average Tenure

60yo

Average Age

Experienced Board: CRT.UN's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

CT Real Estate Investment Trust is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Troy MacLeanBMO Capital Markets Equity Research
Michael MarkidisBMO Capital Markets Equity Research
Jenny MaCanaccord Genuity