Morguard North American Residential Real Estate Investment Trust Management
Management criteria checks 4/4
Morguard North American Residential Real Estate Investment Trust's CEO is Kuldip Sahi, appointed in Jan 2012, has a tenure of 12.25 years. total yearly compensation is CA$632.43K, comprised of 40% salary and 60% bonuses, including company stock and options. directly owns 1.83% of the company’s shares, worth CA$15.65M. The average tenure of the management team and the board of directors is 9.3 years and 12 years respectively.
Key information
Kuldip Sahi
Chief executive officer
CA$632.4k
Total compensation
| CEO salary percentage | 40.0% |
| CEO tenure | 12.3yrs |
| CEO ownership | 1.8% |
| Management average tenure | 9.3yrs |
| Board average tenure | 12yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$632k | CA$253k | CA$176m |
| Sep 30 2023 | n/a | n/a | -CA$25m |
| Jun 30 2023 | n/a | n/a | CA$5m |
| Mar 31 2023 | n/a | n/a | CA$86m |
| Dec 31 2022 | CA$612k | CA$245k | CA$219m |
| Sep 30 2022 | n/a | n/a | CA$508m |
| Jun 30 2022 | n/a | n/a | CA$521m |
| Mar 31 2022 | n/a | n/a | CA$378m |
| Dec 31 2021 | CA$514k | CA$238k | CA$242m |
| Sep 30 2021 | n/a | n/a | CA$137m |
| Jun 30 2021 | n/a | n/a | CA$105m |
| Mar 31 2021 | n/a | n/a | CA$106m |
| Dec 31 2020 | CA$514k | CA$238k | CA$175m |
| Sep 30 2020 | n/a | n/a | CA$203m |
| Jun 30 2020 | n/a | n/a | CA$149m |
| Mar 31 2020 | n/a | n/a | CA$170m |
| Dec 31 2019 | CA$598k | CA$232k | CA$77m |
| Sep 30 2019 | n/a | n/a | CA$97m |
| Jun 30 2019 | n/a | n/a | CA$120m |
| Mar 31 2019 | n/a | n/a | CA$97m |
| Dec 31 2018 | CA$584k | CA$226k | CA$172m |
| Sep 30 2018 | n/a | n/a | CA$209m |
| Jun 30 2018 | n/a | n/a | CA$195m |
| Mar 31 2018 | n/a | n/a | CA$237m |
| Dec 31 2017 | CA$544k | CA$222k | CA$160m |
Compensation vs Market: Kuldip's total compensation ($USD462.88K) is below average for companies of similar size in the Canadian market ($USD1.81M).
Compensation vs Earnings: Kuldip's compensation has been consistent with company performance over the past year.
CEO
Kuldip Sahi (76 yo)
12.3yrs
Tenure
CA$632,433
Compensation
Mr. Kuldip Rai Sahi, FCA, FCPA, FCGA, has been the Chief Executive Officer of Morguard Real Estate Investment Trust since July 31, 2001 and has been its President since October 21, 2005 and has been its Tr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.3yrs | CA$632.43k | 1.83% CA$ 15.7m | |
| Chief Financial Officer | 5.4yrs | CA$140.86k | no data | |
| Senior VP | 19.5yrs | no data | 0.080% CA$ 680.0k | |
| Senior Vice President | 6.3yrs | no data | 0.12% CA$ 1.0m | |
| Senior Vice President of U.S. Operations | no data | no data | no data | |
| Senior Vice President | no data | no data | 0.027% CA$ 226.7k |
9.3yrs
Average Tenure
Experienced Management: MRG.UN's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.1yrs | CA$632.43k | 1.83% CA$ 15.7m | |
| Independent Trustee | 12yrs | CA$40.00k | 0.027% CA$ 228.9k | |
| Independent Trustee | 12.1yrs | CA$77.94k | 0.025% CA$ 217.3k | |
| Independent Trustee | 12yrs | CA$51.00k | 0.013% CA$ 113.3k | |
| Independent Trustee | 12.1yrs | CA$102.50k | 1.47% CA$ 12.6m | |
| Independent Lead Trustee | 12yrs | CA$45.00k | 0.040% CA$ 340.0k | |
| Independent Trustee | 12yrs | CA$36.00k | 0.027% CA$ 226.7k |
12.0yrs
Average Tenure
71yo
Average Age
Experienced Board: MRG.UN's board of directors are seasoned and experienced ( 12 years average tenure).