RioCan Real Estate Investment Trust

TSX:REI.UN Stock Report

Market Cap: CA$5.3b

RioCan Real Estate Investment Trust Management

Management criteria checks 4/4

RioCan Real Estate Investment Trust's CEO is Jonathan Gitlin, appointed in Mar 2019, has a tenure of 5.17 years. total yearly compensation is CA$4.45M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.059% of the company’s shares, worth CA$3.11M. The average tenure of the management team and the board of directors is 3.8 years and 7 years respectively.

Key information

Jonathan Gitlin

Chief executive officer

CA$4.4m

Total compensation

CEO salary percentage20.2%
CEO tenure5.2yrs
CEO ownership0.06%
Management average tenure3.8yrs
Board average tenure7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jonathan Gitlin's remuneration changed compared to RioCan Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

CA$39m

Sep 30 2023n/an/a

CA$152m

Jun 30 2023n/an/a

CA$228m

Mar 31 2023n/an/a

CA$195m

Dec 31 2022CA$4mCA$900k

CA$237m

Sep 30 2022n/an/a

CA$451m

Jun 30 2022n/an/a

CA$585m

Mar 31 2022n/an/a

CA$652m

Dec 31 2021CA$4mCA$851k

CA$598m

Sep 30 2021n/an/a

CA$455m

Jun 30 2021n/an/a

CA$435m

Mar 31 2021n/an/a

-CA$61m

Dec 31 2020CA$2mCA$700k

-CA$65m

Sep 30 2020n/an/a

CA$20m

Jun 30 2020n/an/a

CA$80m

Mar 31 2020n/an/a

CA$684m

Dec 31 2019CA$2mCA$575k

CA$776m

Sep 30 2019n/an/a

CA$775m

Jun 30 2019n/an/a

CA$726m

Mar 31 2019n/an/a

CA$585m

Dec 31 2018CA$2mCA$496k

CA$527m

Sep 30 2018n/an/a

CA$587m

Jun 30 2018n/an/a

CA$639m

Mar 31 2018n/an/a

CA$681m

Dec 31 2017CA$1mCA$450k

CA$705m

Compensation vs Market: Jonathan's total compensation ($USD3.25M) is about average for companies of similar size in the Canadian market ($USD3.36M).

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

CEO

Jonathan Gitlin (49 yo)

5.2yrs

Tenure

CA$4,448,569

Compensation

Mr. Jonathan Gitlin serves as Chief Executive Officer and Non Independent Trustee at RioCan Real Estate Investment Trust since April 1, 2021. He was an Additional Trustee at RioCan Real Estate Investment T...

Leadership Team

NamePositionTenureCompensationOwnership
Jonathan Gitlin
President5.2yrsCA$4.45m0.059%
CA$ 3.1m
Dennis Blasutti
Chief Financial Officer2.7yrsCA$1.61m0.0075%
CA$ 397.8k
John Ballantyne
Chief Operating Officer2.3yrsCA$1.58m0.032%
CA$ 1.7m
Andrew Duncan
Chief Investment Officer3.1yrsCA$1.55m0.013%
CA$ 680.7k
Jennifer Suess
Senior VP of ESG6.8yrsCA$1.24m0.0053%
CA$ 279.2k
Kim Lee
Vice President of Investor Relations4.3yrsno data0.0022%
CA$ 119.2k
Terri Andrianopoulos
Senior Vice President of People & Brand4.3yrsno data0.0042%
CA$ 220.4k
Jeff Ross
Senior Vice President of Leasing & Tenant Construction16.3yrsCA$1.70mno data
Oliver Harrison
Senior Vice President of Leasing & Tenant Experience5yrsno data0.0086%
CA$ 452.9k
Franca Smith
Senior Vice President of Finance2.3yrsCA$750.80k0.0040%
CA$ 210.3k
John McKinnon
Vice President of Asset Management1.3yrsno datano data
Rocky Kim
Vice President of FP&A and Treasury3.3yrsno data0%
CA$ 0

3.8yrs

Average Tenure

Experienced Management: REI.UN's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jonathan Gitlin
President3.1yrsCA$4.45m0.059%
CA$ 3.1m
Siim Vanaselja
Independent Lead Trustee7yrsCA$258.75kno data
Edward Sonshine
Non-Executive Chairman of the Board30.4yrsCA$375.00k0.17%
CA$ 9.2m
Charles Winograd
Independent Trustee15.3yrsCA$201.25k0.0074%
CA$ 393.6k
Dale Lastman
Trustee19.9yrsCA$187.50k0.010%
CA$ 527.6k
Richard Dansereau
Independent Trustee6yrsCA$187.50k0.0024%
CA$ 126.6k
Janice Fukakusa
Independent Director3yrsCA$206.25k0.010%
CA$ 528.7k
Bonnie Brooks
Independent Trustee10.9yrsCA$187.50kno data
S. Marshall
Independent Trustee8.9yrsCA$205.00k0.0040%
CA$ 210.3k
Marie-Josee Lamothe
Independent Director1.9yrsCA$170.00k0.0048%
CA$ 255.3k
Guy Metcalfe
Trusteeless than a yearno datano data

7.0yrs

Average Tenure

66yo

Average Age

Experienced Board: REI.UN's board of directors are considered experienced (7 years average tenure).

Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy PolicyLogos provided by Clearbit
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.