BSR Real Estate Investment Trust Management
Management criteria checks 2/4
BSR Real Estate Investment Trust's CEO is Dan Oberste, appointed in Nov 2020, has a tenure of 2.83 years. total yearly compensation is $1.68M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth CA$7.20M. The average tenure of the management team and the board of directors is 1.8 years and 6.6 years respectively.
Key information
Dan Oberste
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 31.3% |
| CEO tenure | 4yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$150m |
| Jun 30 2024 | n/a | n/a | -US$190m |
| Mar 31 2024 | n/a | n/a | -US$196m |
| Dec 31 2023 | US$2m | US$525k | -US$211m |
| Sep 30 2023 | n/a | n/a | -US$158m |
| Jun 30 2023 | n/a | n/a | -US$55m |
| Mar 31 2023 | n/a | n/a | US$152m |
| Dec 31 2022 | US$1m | US$500k | US$227m |
| Sep 30 2022 | n/a | n/a | US$315m |
| Jun 30 2022 | n/a | n/a | US$398m |
| Mar 31 2022 | n/a | n/a | US$273m |
| Dec 31 2021 | US$1m | US$400k | US$283m |
| Sep 30 2021 | n/a | n/a | US$174m |
| Jun 30 2021 | n/a | n/a | US$107m |
| Mar 31 2021 | n/a | n/a | US$31m |
| Dec 31 2020 | US$726k | US$301k | US$28m |
| Sep 30 2020 | n/a | n/a | US$52m |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | US$36m |
| Dec 31 2019 | US$714k | US$285k | -US$53m |
| Sep 30 2019 | n/a | n/a | US$105m |
| Jun 30 2019 | n/a | n/a | US$131m |
| Mar 31 2019 | n/a | n/a | US$222m |
| Dec 31 2018 | US$661k | US$177k | US$247m |
Compensation vs Market: Dan's total compensation ($USD1.68M) is about average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Dan's compensation has increased whilst the company is unprofitable.
CEO
Dan Oberste (42 yo)
4yrs
Tenure
US$1,678,595
Compensation
Mr. Daniel M. Oberste, also known as Dan, serves as President of BSR Real Estate Investment Trust since November 10, 2020 and served as its Chief Investment Officer since April 08, 2018 and served as its E...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$1.68m | 0.74% CA$ 7.2m | |
| COO, Interim CFO & Corporate Secretary | 1.8yrs | US$900.64k | 0.22% CA$ 2.1m | |
| Chief Administrative Officer | 6.6yrs | US$400.27k | 0.22% CA$ 2.1m | |
| Chief Accounting Officer | 1.8yrs | no data | 0.0089% CA$ 86.5k | |
| VP of Marketing & Investor Relations | less than a year | no data | no data | |
| Director of Human Resources | no data | no data | no data | |
| Vice President of Asset Management | no data | no data | no data | |
| Senior Vice President of Operations | 1.8yrs | no data | no data | |
| Controller | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: HOM.UN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | US$1.68m | 0.74% CA$ 7.2m | |
| Independent Trustee | 6.6yrs | US$116.21k | no data | |
| Independent Trustee | 6.6yrs | US$151.83k | 0.024% CA$ 232.7k | |
| Independent Trustee | 6.8yrs | US$155.70k | 0.32% CA$ 3.1m | |
| Independent Chair of the Board | 2.5yrs | US$106.56k | no data | |
| Independent Trustee | 2.8yrs | US$107.64k | 0.019% CA$ 184.4k | |
| Non-Independent Trustee | 6.6yrs | US$116.31k | 0.016% CA$ 154.4k |
6.6yrs
Average Tenure
63yo
Average Age
Experienced Board: HOM.UN's board of directors are considered experienced (6.6 years average tenure).