Plaza Retail REIT

TSX:PLZ.UN Stock Report

Market Cap: CA$417.2m

Plaza Retail REIT Management

Management criteria checks 4/4

Plaza Retail REIT's CEO is Michael Zakuta, appointed in Jan 2005, has a tenure of 19.83 years. total yearly compensation is CA$400.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 4.43% of the company’s shares, worth CA$18.48M. The average tenure of the management team and the board of directors is 2.5 years and 5 years respectively.

Key information

Michael Zakuta

Chief executive officer

CA$400.0k

Total compensation

CEO salary percentage100.0%
CEO tenure19.8yrs
CEO ownership4.4%
Management average tenure2.5yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michael Zakuta's remuneration changed compared to Plaza Retail REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$13m

Jun 30 2024n/an/a

CA$11m

Mar 31 2024n/an/a

CA$22m

Dec 31 2023CA$400kCA$400k

CA$20m

Sep 30 2023n/an/a

CA$38m

Jun 30 2023n/an/a

CA$42m

Mar 31 2023n/an/a

CA$36m

Dec 31 2022CA$400kCA$400k

CA$54m

Sep 30 2022n/an/a

CA$80m

Jun 30 2022n/an/a

CA$101m

Mar 31 2022n/an/a

CA$113m

Dec 31 2021CA$400kCA$400k

CA$100m

Sep 30 2021n/an/a

CA$68m

Jun 30 2021n/an/a

CA$50m

Mar 31 2021n/an/a

-CA$671k

Dec 31 2020CA$400kCA$400k

-CA$15m

Sep 30 2020n/an/a

-CA$16m

Jun 30 2020n/an/a

-CA$15m

Mar 31 2020n/an/a

CA$33m

Dec 31 2019CA$400kCA$400k

CA$51m

Sep 30 2019n/an/a

CA$44m

Jun 30 2019n/an/a

CA$41m

Mar 31 2019n/an/a

CA$31m

Dec 31 2018CA$400kCA$400k

CA$12m

Sep 30 2018n/an/a

CA$20m

Jun 30 2018n/an/a

CA$21m

Mar 31 2018n/an/a

CA$20m

Dec 31 2017CA$400kCA$400k

CA$23m

Compensation vs Market: Michael's total compensation ($USD286.17K) is below average for companies of similar size in the Canadian market ($USD719.96K).

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

CEO

Michael Zakuta (64 yo)

19.8yrs

Tenure

CA$400,000

Compensation

Mr. Michael Aaron Zakuta has been the President and Chief Executive Officer at Plaza Retail REIT (formerly known as Les Centres commerciaux Plazacorp Ltée) since April 20, 2005. He has been a Trustee of Pl...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Zakuta
President19.8yrsCA$400.00k4.43%
CA$ 18.5m
Jim Drake
Chief Financial Officer5.2yrsCA$382.88k0.081%
CA$ 339.8k
Kimberly Strange
General Counsel14.4yrsCA$332.53k0.016%
CA$ 68.2k
Mathieu Bordeleau
Executive Vice President of Quebec/Ontario1.8yrsCA$399.15kno data
Jason Parravano
Chief Operating Officerless than a yearno data0.044%
CA$ 184.1k
Patricia Elias
Senior VP of Financial Reporting & Accounting2.5yrsno datano data
Myles Martin
Senior Vice Presidentno dataCA$429.00kno data
Patricia Borrelli
Senior Vice-President of Legal2.5yrsno datano data
Bill Bilkas
Head of Business Development1.2yrsno datano data
Christine Levreault
Controllerno datano datano data
Kim Sharpe
Director of Business Developmentno datano datano data

2.5yrs

Average Tenure

Experienced Management: PLZ.UN's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Zakuta
President25.8yrsCA$400.00k4.43%
CA$ 18.5m
A. McGregor
Independent Chairman4.4yrsCA$86.74k0.18%
CA$ 745.2k
Stephen Johnson
Independent Trustee25.8yrsCA$79.16k0.29%
CA$ 1.2m
Earl Brewer
Vice-Chair of the Board25.8yrsCA$86.74k2.32%
CA$ 9.7m
S. Marshall
Independent Trustee5yrsCA$66.67k0.019%
CA$ 77.4k
Lynda Savoie
Independent Trustee3.5yrsCA$84.16k0.18%
CA$ 767.2k
Susan Taves
Independent Director1.5yrsCA$40.68k0.047%
CA$ 196.9k

5.0yrs

Average Tenure

67yo

Average Age

Experienced Board: PLZ.UN's board of directors are considered experienced (5 years average tenure).