Morguard Real Estate Investment Trust

TSX:MRT.UN Stock Report

Market Cap: CA$354.2m

Morguard Real Estate Investment Trust Management

Management criteria checks 4/4

Morguard Real Estate Investment Trust's CEO is Kuldip Sahi, appointed in Jul 2001, has a tenure of 23.33 years. total yearly compensation is CA$100.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth CA$6.72M. The average tenure of the management team and the board of directors is 14 years and 5.5 years respectively.

Key information

Kuldip Sahi

Chief executive officer

CA$100.0k

Total compensation

CEO salary percentage100.0%
CEO tenure23.3yrs
CEO ownership1.9%
Management average tenure14yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Here's What Analysts Are Forecasting For Morguard Real Estate Investment Trust (TSE:MRT.UN) After Its Yearly Results

Feb 18
Here's What Analysts Are Forecasting For Morguard Real Estate Investment Trust (TSE:MRT.UN) After Its Yearly Results

CEO Compensation Analysis

How has Kuldip Sahi's remuneration changed compared to Morguard Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$51m

Jun 30 2024n/an/a

-CA$106m

Mar 31 2024n/an/a

-CA$106m

Dec 31 2023CA$100kCA$100k

-CA$74m

Sep 30 2023n/an/a

-CA$142m

Jun 30 2023n/an/a

-CA$161m

Mar 31 2023n/an/a

-CA$131m

Dec 31 2022CA$100kCA$100k

-CA$86m

Sep 30 2022n/an/a

CA$8m

Jun 30 2022n/an/a

CA$73m

Mar 31 2022n/an/a

CA$40m

Dec 31 2021CA$100kCA$100k

CA$5m

Sep 30 2021n/an/a

-CA$62m

Jun 30 2021n/an/a

-CA$157m

Mar 31 2021n/an/a

-CA$250m

Dec 31 2020CA$100kCA$100k

-CA$357m

Sep 30 2020n/an/a

-CA$293m

Jun 30 2020n/an/a

-CA$199m

Mar 31 2020n/an/a

-CA$105m

Dec 31 2019CA$100kCA$100k

CA$15m

Sep 30 2019n/an/a

CA$25m

Jun 30 2019n/an/a

CA$24m

Mar 31 2019n/an/a

CA$72m

Dec 31 2018CA$100kCA$100k

CA$73m

Sep 30 2018n/an/a

CA$58m

Jun 30 2018n/an/a

CA$38m

Mar 31 2018n/an/a

CA$47m

Dec 31 2017CA$100kCA$100k

CA$67m

Compensation vs Market: Kuldip's total compensation ($USD71.09K) is below average for companies of similar size in the Canadian market ($USD719.96K).

Compensation vs Earnings: Kuldip's compensation has been consistent with company performance over the past year.

CEO

Kuldip Sahi (77 yo)

23.3yrs

Tenure

CA$100,000

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

NamePositionTenureCompensationOwnership
Kuldip Sahi
Chairman23.3yrsCA$100.00k1.9%
CA$ 6.7m
Andrew Tamlin
Chief Financial Officer6yrsCA$244.04k0.0070%
CA$ 24.8k
Beverley Flynn
Senior VPno datano data0.012%
CA$ 43.0k
Angela Sahi
Senior Vice Presidentno datano datano data
Paul Miatello
Senior Vice Presidentno datano data0.013%
CA$ 45.7k
Arjun Chowdhury
Director of Asset Managementno datano datano data
John Ginis
Director of Asset Management - Retail14yrsno datano data
Todd Febbo
Vice President of Property Management & Leasingno datano datano data

14.0yrs

Average Tenure

Experienced Management: MRT.UN's management team is seasoned and experienced (14 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kuldip Sahi
Chairman26yrsCA$100.00k1.9%
CA$ 6.7m
Bart Munn
Lead Independent Trustee6.5yrsCA$50.00k0.019%
CA$ 68.9k
Donald Turple
Independent Director4.5yrsCA$41.00kno data
Timothy Walker
Independent Trustee10.5yrsCA$46.50k0.0023%
CA$ 8.3k
Timothy Murphy
Independent Director4.5yrsCA$40.00k0.014%
CA$ 49.6k
Tullio Capulli
Non-Independent Director1.3yrsCA$131.98kno data

5.5yrs

Average Tenure

69yo

Average Age

Experienced Board: MRT.UN's board of directors are considered experienced (5.5 years average tenure).