CT Real Estate Investment Trust

TSX:CRT.UN Stock Report

Market Cap: CA$3.5b

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 3.67 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$838.80K. The average tenure of the management team and the board of directors is 2.8 years and 5.5 years respectively.

Key information

Kevin Salsberg

Chief executive officer

CA$2.1m

Total compensation

CEO salary percentage30.5%
CEO tenure3.7yrs
CEO ownership0.02%
Management average tenure2.8yrs
Board average tenure5.5yrs

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
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 ($USD1.48M) is below average for companies of similar size in the Canadian market ($USD3.24M).

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

CEO

Kevin Salsberg (43 yo)

3.7yrs

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
President3.7yrsCA$2.06m0.024%
CA$ 838.8k
Lesley Gibson
Senior VP & CFO6.1yrsCA$1.14m0.018%
CA$ 640.7k
Jodi Shpigel
Senior Vice-President of Real Estate2.5yrsCA$847.73kno data
Victor Iaccino
Vice President of Operations1.7yrsno datano data
Kanistan Emmanuvel
Associate Vice President of Asset Management & Investments2.8yrsno datano data
Marina Davies
Associate Vice President of Investor Relationsno datano datano data
Kimberley Graham
Senior VPno datano data0.0021%
CA$ 74.0k
Jane Shaw
Vice-President of Communicationsno datano datano data
Andrea Orzech
Associate Vice-President of Investor Relationsno datano datano data

2.8yrs

Average Tenure

48yo

Average Age

Experienced Management: CRT.UN's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kevin Salsberg
President2.5yrsCA$2.06m0.024%
CA$ 838.8k
Dean McCann
Trustee11.2yrsCA$75.25k0.012%
CA$ 421.7k
John O'Bryan
Independent Chairman11.2yrsCA$115.96k0.012%
CA$ 417.8k
Heather Briant
Independent Trustee6.5yrsCA$92.00kno data
Gregory Craig
Non-Independent Trustee3.5yrsno datano data
Anna Martini
Independent Trustee11.1yrsCA$98.00kno data
Pauline Alimchandani
Independent Director1.5yrsCA$49.85kno data
Kelly Smith
Independent Trustee4.5yrsCA$88.96k0.00085%
CA$ 30.0k

5.5yrs

Average Tenure

60yo

Average Age

Experienced Board: CRT.UN's board of directors are considered experienced (5.5 years average tenure).