Minto Apartment Real Estate Investment Trust Management
Management criteria checks 4/4
Minto Apartment Real Estate Investment Trust's CEO is Jonathan Li, appointed in Apr 2022, has a tenure of less than a year. total yearly compensation is CA$1.50M, comprised of 30.4% salary and 69.6% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth CA$1.58M. The average tenure of the management team and the board of directors is 2.6 years and 6 years respectively.
Key information
Jonathan Li
Chief executive officer
CA$1.5m
Total compensation
| CEO salary percentage | 30.4% |
| CEO tenure | 2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.6yrs |
| Board average tenure | 6yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$458k | -CA$117m |
| Sep 30 2023 | n/a | n/a | -CA$72m |
| Jun 30 2023 | n/a | n/a | -CA$60m |
| Mar 31 2023 | n/a | n/a | CA$167m |
| Dec 31 2022 | CA$2m | CA$320k | CA$225m |
Compensation vs Market: Jonathan's total compensation ($USD1.09M) is below average for companies of similar size in the Canadian market ($USD1.79M).
Compensation vs Earnings: Jonathan's compensation has been consistent with company performance over the past year.
CEO
Jonathan Li (44 yo)
2yrs
Tenure
CA$1,504,484
Compensation
Mr. Jonathan Li serves as President at Minto Apartment Real Estate Investment Trust since April 2022 was Chief Operating Officer until April 03, 2023 and serves as its Chief Executive Officer since April 0...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 6yrs | CA$68.75k | 1.15% CA$ 11.1m | |
| President | 2yrs | CA$1.50m | 0.16% CA$ 1.6m | |
| Chief Financial Officer | 1.3yrs | CA$585.86k | 0.019% CA$ 180.6k | |
| Senior Vice President of Operations | no data | CA$410.67k | no data | |
| Chief Investment Officer | 4.6yrs | CA$450.47k | 0.19% CA$ 1.8m | |
| General Counsel & Corporate Secretary | no data | CA$377.03k | 0.017% CA$ 163.8k | |
| Chief Human Resources Officer | 1.3yrs | no data | no data | |
| Senior Vice President of Investments | 4.3yrs | no data | 0.034% CA$ 322.7k | |
| Senior Vice President of Asset Management | 3.3yrs | no data | no data |
2.6yrs
Average Tenure
53yo
Average Age
Experienced Management: MI.UN's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 6yrs | CA$68.75k | 1.15% CA$ 11.1m | |
| President | less than a year | CA$1.50m | 0.16% CA$ 1.6m | |
| Independent Trustee | 6yrs | CA$61.75k | 0.049% CA$ 467.3k | |
| Independent Trustee | 6yrs | CA$65.28k | 0.060% CA$ 580.5k | |
| Non-Independent Trustee | 6yrs | CA$710.17k | 0.43% CA$ 4.1m | |
| Lead Independent Trustee | 6yrs | CA$79.44k | 0.23% CA$ 2.2m | |
| Independent Trustee | less than a year | CA$37.04k | no data |
6.0yrs
Average Tenure
56.5yo
Average Age
Experienced Board: MI.UN's board of directors are considered experienced (6 years average tenure).