Melcor Real Estate Investment Trust Management
Management criteria checks 1/4
Melcor Real Estate Investment Trust's CEO is Andy Melton, appointed in Jan 2022, has a tenure of 2.33 years. total yearly compensation is CA$362.63K, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 1.11% of the company’s shares, worth CA$969.54K. The average tenure of the management team and the board of directors is 2.3 years and 2.4 years respectively.
Key information
Andy Melton
Chief executive officer
CA$362.6k
Total compensation
| CEO salary percentage | 57.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.4yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$16m |
| Sep 30 2023 | n/a | n/a | CA$17m |
| Jun 30 2023 | n/a | n/a | CA$29m |
| Mar 31 2023 | n/a | n/a | CA$40m |
| Dec 31 2022 | CA$363k | CA$210k | CA$30m |
| Sep 30 2022 | n/a | n/a | CA$36m |
| Jun 30 2022 | n/a | n/a | CA$24m |
| Mar 31 2022 | n/a | n/a | CA$2m |
| Dec 31 2021 | CA$18k | n/a | -CA$16m |
| Sep 30 2021 | n/a | n/a | -CA$37m |
| Jun 30 2021 | n/a | n/a | -CA$46m |
| Mar 31 2021 | n/a | n/a | -CA$103m |
| Dec 31 2020 | CA$15k | n/a | CA$6m |
| Sep 30 2020 | n/a | n/a | CA$16m |
| Jun 30 2020 | n/a | n/a | CA$20m |
| Mar 31 2020 | n/a | n/a | CA$81m |
| Dec 31 2019 | CA$392k | CA$206k | -CA$488k |
| Sep 30 2019 | n/a | n/a | CA$11m |
| Jun 30 2019 | n/a | n/a | CA$12m |
| Mar 31 2019 | n/a | n/a | CA$11m |
| Dec 31 2018 | CA$542k | CA$275k | CA$18m |
| Sep 30 2018 | n/a | n/a | CA$23m |
| Jun 30 2018 | n/a | n/a | CA$24m |
| Mar 31 2018 | n/a | n/a | CA$24m |
| Dec 31 2017 | CA$453k | CA$170k | CA$732k |
Compensation vs Market: Andy's total compensation ($USD265.52K) is above average for companies of similar size in the Canadian market ($USD175.44K).
Compensation vs Earnings: Andy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Andy Melton
2.3yrs
Tenure
CA$362,625
Compensation
Mr. Andrew John Melton, also known as Andy, serves as Chief Executive Officer at Melcor Real Estate Investment Trust since January 1, 2022. He serves as the President of A2aMedia, Inc. Since 1992, Mr. Melt...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Trustee | 2.3yrs | CA$362.63k | 1.11% CA$ 969.5k | |
| CFO, Corporate Secretary & Trustee | 7.8yrs | CA$357.68k | 0.17% CA$ 145.1k | |
| Director of Corporate Communications & Investor Relations | no data | no data | no data | |
| Senior Vice-President of Investment Properties | 2.1yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: MR.UN's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Trustee | 11.3yrs | CA$362.63k | 1.11% CA$ 969.5k | |
| CFO, Corporate Secretary & Trustee | 1.4yrs | CA$357.68k | 0.17% CA$ 145.1k | |
| Chairman of the Board | 11.3yrs | CA$40.00k | 0.21% CA$ 180.4k | |
| Trustee | less than a year | no data | 0.022% CA$ 18.8k | |
| Trustee | less than a year | no data | no data | |
| Independent Trustee | 2.4yrs | CA$37.50k | 0.077% CA$ 67.3k | |
| Independent Trustee | 5.1yrs | CA$37.50k | no data |
2.4yrs
Average Tenure
62yo
Average Age
Experienced Board: MR.UN's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.