InterRent Real Estate Investment Trust Management
Management criteria checks 3/4
InterRent Real Estate Investment Trust's CEO is Brad Cutsey, appointed in Apr 2015, has a tenure of 9.58 years. total yearly compensation is CA$2.43M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth CA$55.59K. The average tenure of the management team and the board of directors is 5.4 years and 5.8 years respectively.
Key information
Brad Cutsey
Chief executive officer
CA$2.4m
Total compensation
CEO salary percentage | 30.8% |
CEO tenure | 9.6yrs |
CEO ownership | 0.003% |
Management average tenure | 5.4yrs |
Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -CA$21m |
Jun 30 2024 | n/a | n/a | -CA$2m |
Mar 31 2024 | n/a | n/a | CA$36m |
Dec 31 2023 | CA$2m | CA$750k | CA$92m |
Sep 30 2023 | n/a | n/a | -CA$36m |
Jun 30 2023 | n/a | n/a | CA$51m |
Mar 31 2023 | n/a | n/a | CA$92m |
Dec 31 2022 | CA$2m | CA$717k | CA$104m |
Sep 30 2022 | n/a | n/a | CA$304m |
Jun 30 2022 | n/a | n/a | CA$376m |
Mar 31 2022 | n/a | n/a | CA$360m |
Dec 31 2021 | CA$935k | CA$530k | CA$370m |
Sep 30 2021 | n/a | n/a | CA$328m |
Jun 30 2021 | n/a | n/a | CA$256m |
Mar 31 2021 | n/a | n/a | CA$217m |
Dec 31 2020 | CA$770k | CA$500k | CA$151m |
Sep 30 2020 | n/a | n/a | CA$358m |
Jun 30 2020 | n/a | n/a | CA$395m |
Mar 31 2020 | n/a | n/a | CA$409m |
Dec 31 2019 | CA$905k | CA$500k | CA$385m |
Sep 30 2019 | n/a | n/a | CA$162m |
Jun 30 2019 | n/a | n/a | CA$174m |
Mar 31 2019 | n/a | n/a | CA$194m |
Dec 31 2018 | CA$960k | CA$400k | CA$168m |
Sep 30 2018 | n/a | n/a | CA$168m |
Jun 30 2018 | n/a | n/a | CA$198m |
Mar 31 2018 | n/a | n/a | CA$181m |
Dec 31 2017 | CA$914k | CA$400k | CA$201m |
Compensation vs Market: Brad's total compensation ($USD1.74M) is about average for companies of similar size in the Canadian market ($USD1.81M).
Compensation vs Earnings: Brad's compensation has increased whilst the company is unprofitable.
CEO
Brad Cutsey (51 yo)
9.6yrs
Tenure
CA$2,431,500
Compensation
Mr. Bradley Cutsey, CFA, also known as Brad, has been the President at InterRent Real Estate Investment Trust since April 6, 2015 and also serves as Chief Executive Officer and Director since May 1, 2022....
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 15.2yrs | CA$1.24m | 2.37% CA$ 37.9m | |
President | 9.6yrs | CA$2.43m | 0.0035% CA$ 55.6k | |
Chief Financial Officer | 15.8yrs | CA$1.14m | 0.32% CA$ 5.2m | |
Chief Operating Officer | 6.8yrs | CA$989.64k | 0.23% CA$ 3.6m | |
Vice President of Acquisitions | 3.5yrs | CA$505.02k | no data | |
Chief Information Officer | no data | no data | no data | |
Director of Investor Relations & Sustainability | no data | no data | no data | |
Vice President of Marketing | 5.4yrs | CA$234.00k | no data | |
Chief Talent Officer | 3.4yrs | no data | no data | |
Vice President of Finance | no data | no data | 0.027% CA$ 433.2k |
5.4yrs
Average Tenure
Experienced Management: IIP.UN's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 15.2yrs | CA$1.24m | 2.37% CA$ 37.9m | |
President | 2.5yrs | CA$2.43m | 0.0035% CA$ 55.6k | |
Independent Trustee | 13.5yrs | CA$135.00k | 0.047% CA$ 748.7k | |
Independent Trustee | 2.4yrs | CA$105.00k | no data | |
Independent Lead Trustee | 14.5yrs | CA$135.00k | 0.083% CA$ 1.3m | |
Independent Trustee | 7.4yrs | CA$130.00k | no data | |
Independent Trustee | 5.8yrs | CA$130.00k | no data | |
Independent Trustee | 2.4yrs | CA$130.00k | no data | |
Independent Trustee | 1.4yrs | CA$130.00k | no data |
5.8yrs
Average Tenure
61yo
Average Age
Experienced Board: IIP.UN's board of directors are considered experienced (5.8 years average tenure).