Plaza Retail REIT

TSX:PLZ.UN Stock Report

Market Cap: CA$398.2m

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 19.92 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$17.64M. The average tenure of the management team and the board of directors is 2.6 years and 5.1 years respectively.

Key information

Michael Zakuta

Chief executive officer

CA$400.0k

Total compensation

CEO salary percentage100.0%
CEO tenure19.9yrs
CEO ownership4.4%
Management average tenure2.6yrs
Board average tenure5.1yrs

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 ($USD278.35K) is below average for companies of similar size in the Canadian market ($USD737.53K).

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

CEO

Michael Zakuta (64 yo)

19.9yrs

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
President19.9yrsCA$400.00k4.43%
CA$ 17.6m
Jim Drake
Chief Financial Officer5.3yrsCA$382.88k0.081%
CA$ 324.4k
Kimberly Strange
General Counsel14.5yrsCA$332.53k0.016%
CA$ 65.1k
Mathieu Bordeleau
Executive Vice President of Quebec/Ontario1.9yrsCA$399.15kno data
Jason Parravano
Chief Operating Officerless than a yearno data0.044%
CA$ 175.7k
Patricia Elias
Senior VP of Financial Reporting & Accounting2.6yrsno datano data
Myles Martin
Senior Vice Presidentno dataCA$429.00kno data
Patricia Borrelli
Senior Vice-President of Legal2.6yrsno datano data
Bill Bilkas
Head of Business Development1.3yrsno datano data
Christine Levreault
Controllerno datano datano data
Kim Sharpe
Director of Business Developmentno datano datano data

2.6yrs

Average Tenure

Experienced Management: PLZ.UN's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Zakuta
President25.8yrsCA$400.00k4.43%
CA$ 17.6m
A. McGregor
Independent Chairman4.5yrsCA$86.74k0.18%
CA$ 711.3k
Stephen Johnson
Independent Trustee25.8yrsCA$79.16k0.29%
CA$ 1.1m
Earl Brewer
Vice-Chair of the Board25.8yrsCA$86.74k2.32%
CA$ 9.2m
S. Marshall
Independent Trustee5.1yrsCA$66.67k0.019%
CA$ 73.9k
Lynda Savoie
Independent Trustee3.6yrsCA$84.16k0.18%
CA$ 732.3k
Susan Taves
Independent Director1.6yrsCA$40.68k0.047%
CA$ 187.9k

5.1yrs

Average Tenure

67yo

Average Age

Experienced Board: PLZ.UN's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:04
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Plaza Retail REIT is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Troy MacLeanBMO Capital Markets Equity Research
Mark RothschildCanaccord Genuity
Brendon AbramsCanaccord Genuity