Plaza Retail REIT

TSX:PLZ.UN Stock Report

Mkt Cap: CA$477.8m

Plaza Retail REIT Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure

CEO

Michael Zakuta (62 yo)

23.92yrs

Tenure

CA$400,000

Compensation

Mr. Michael Aaron Zakuta has been the President and Chief Executive Officer at Plaza Retail REIT ( foremerly known as Les Centres commerciaux Plazacorp Ltée) since April 20, 2005. Mr. Zakuta is the Preside...

CEO Compensation Analysis

How has Michael Zakuta's remuneration changed compared to Plaza Retail REIT's earnings?
DateTotal Comp.SalaryCompany Earnings
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

Sep 30 2017n/an/a

CA$23m

Jun 30 2017n/an/a

CA$23m

Mar 31 2017n/an/a

CA$28m

Dec 31 2016CA$400kCA$400k

CA$33m

Compensation vs Market: Michael's total compensation ($USD300.47K) is below average for companies of similar size in the Canadian market ($USD1.17M).

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

Leadership Team

NamePositionTenureCompensationOwnership
Michael Zakuta
President18yrsCA$400.00k4.6%
CA$ 22.0m
Jim Drake
Chief Financial Officer3.33yrsCA$369.48k0.071%
CA$ 339.2k
Peter Mackenzie
Executive VP & Chief Investment Officer6yrsCA$417.02k0.19%
CA$ 914.7k
Kimberly Strange
General Counsel & Secretary12.58yrsCA$322.00k0.0042%
CA$ 20.2k
Stephen Penney
Executive Vice President3yrsCA$369.48k0.030%
CA$ 144.0k
Patricia Elias
Vice-President of Financial Reporting & Accounting0.67yrno datano data
Myles Martin
Senior Vice Presidentno dataCA$429.00kno data
Patricia Borrelli
Senior Vice-President of Legal0.67yrno datano data
Kim Sharpe
Director of Business Developmentno datano datano data

3.3yrs

Average Tenure

Experienced Management: PLZ.UN's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Zakuta
President23.92yrsCA$400.00k4.6%
CA$ 22.0m
A. McGregor
Independent Chairman2.58yrsCA$78.20k0.14%
CA$ 674.3k
Stephen Johnson
Independent Trustee23.92yrsCA$59.44k0.30%
CA$ 1.4m
Earl Brewer
Trustee23.92yrsCA$78.20k2.52%
CA$ 12.0m
Barbara Trenholm
Independent Trustee17.83yrsCA$71.51k0.20%
CA$ 972.1k
Lynda Savoie
Independent Trustee1.67yrsCA$39.86k0.19%
CA$ 896.6k
Jane Marshall
Independent Trustee3.17yrsCA$54.97k0.020%
CA$ 96.1k

17.8yrs

Average Tenure

65yo

Average Age

Experienced Board: PLZ.UN's board of directors are seasoned and experienced ( 17.8 years average tenure).