BSR Real Estate Investment Trust

TSX:HOM.UN Stock Report

Market Cap: CA$956.6m

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$7.09M. 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 percentage31.3%
CEO tenure4yrs
CEO ownership0.7%
Management average tenure1.8yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dan Oberste's remuneration changed compared to BSR Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$190m

Mar 31 2024n/an/a

-US$196m

Dec 31 2023US$2mUS$525k

-US$211m

Sep 30 2023n/an/a

-US$158m

Jun 30 2023n/an/a

-US$55m

Mar 31 2023n/an/a

US$152m

Dec 31 2022US$1mUS$500k

US$227m

Sep 30 2022n/an/a

US$315m

Jun 30 2022n/an/a

US$398m

Mar 31 2022n/an/a

US$273m

Dec 31 2021US$1mUS$400k

US$283m

Sep 30 2021n/an/a

US$174m

Jun 30 2021n/an/a

US$107m

Mar 31 2021n/an/a

US$31m

Dec 31 2020US$726kUS$301k

US$28m

Sep 30 2020n/an/a

US$52m

Jun 30 2020n/an/a

-US$2m

Mar 31 2020n/an/a

US$36m

Dec 31 2019US$714kUS$285k

-US$53m

Sep 30 2019n/an/a

US$105m

Jun 30 2019n/an/a

US$131m

Mar 31 2019n/an/a

US$222m

Dec 31 2018US$661kUS$177k

US$247m

Compensation vs Market: Dan's total compensation ($USD1.68M) is about average for companies of similar size in the Canadian market ($USD1.82M).

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

NamePositionTenureCompensationOwnership
Daniel Oberste
President4yrsUS$1.68m0.74%
CA$ 7.1m
Susan Koehn
COO, Interim CFO & Corporate Secretary1.8yrsUS$900.64k0.22%
CA$ 2.1m
Scott Ray
Chief Administrative Officer6.6yrsUS$400.27k0.22%
CA$ 2.1m
Steven Etchison
Chief Accounting Officer1.8yrsno data0.0089%
CA$ 85.1k
Spencer Andrews
VP of Marketing & Investor Relationsless than a yearno datano data
Phillip Anders
Director of Human Resourcesno datano datano data
Mike Cirillo
Vice President of Asset Managementno datano datano data
Davi Miesner
Senior Vice President of Operations1.8yrsno datano data
Debby Pratt
Controllerno datano datano 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

NamePositionTenureCompensationOwnership
Daniel Oberste
President2.8yrsUS$1.68m0.74%
CA$ 7.1m
William Halter
Independent Trustee6.6yrsUS$116.21kno data
Bryan Held
Independent Trustee6.6yrsUS$151.83k0.024%
CA$ 229.1k
Graham Senst
Independent Trustee6.8yrsUS$155.70k0.32%
CA$ 3.1m
S. Marshall
Independent Chair of the Board2.5yrsUS$106.56kno data
Teresa Neto
Independent Trustee2.8yrsUS$107.64k0.019%
CA$ 181.6k
Warren Hughes
Non-Independent Trustee6.6yrsUS$116.31k0.016%
CA$ 152.0k

6.6yrs

Average Tenure

63yo

Average Age

Experienced Board: HOM.UN's board of directors are considered experienced (6.6 years average tenure).