SmartCentres Real Estate Investment Trust

TSX:SRU.UN Stock Report

Mkt Cap: CA$4.4b

SmartCentres Real Estate Investment Trust Management

Management criteria checks 4/4

SmartCentres Real Estate Investment Trust's CEO is Mitchell Goldhar, appointed in Sep 2021, he has a tenure of 1.75 years. His total yearly compensation is CA$1.38M , comprised of 29.4% salary and 70.6% bonuses, including company stock and options. He directly owns 10.53% of the company’s shares, worth CA$462.67M. The average tenure of the management team and the board of directors is 7 years and 9 years respectively.

Key information

Mitchell Goldhar

Chief executive officer

CA$1.4m

Total compensation

CEO salary percentage29.4%
CEO tenure1.8yrs
CEO ownership10.5%
Management average tenure7yrs
Board average tenure9yrs

Recent management updates

President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

Mar 13
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Dec 27
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

Dec 11
Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

Recent updates

Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

Feb 22
Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?

President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

Mar 13
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)

What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

Mar 02
What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition

SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Feb 04
SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year

Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Dec 27
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares

Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

Dec 11
Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?

The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares

Aug 28
The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares

What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?

Jul 30
What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?

CEO Compensation Analysis

How has Mitchell Goldhar's remuneration changed compared to SmartCentres Real Estate Investment Trust's earnings?
DateTotal Comp.SalaryCompany Earnings
Mar 31 2023n/an/a

CA$307m

Dec 31 2022CA$1mCA$406k

CA$516m

Sep 30 2022n/an/a

CA$981m

Jun 30 2022n/an/a

CA$1b

Mar 31 2022n/an/a

CA$1b

Dec 31 2021CA$15mCA$392k

CA$828m

Sep 30 2021n/an/a

CA$322m

Jun 30 2021n/an/a

CA$266m

Mar 31 2021n/an/a

CA$72m

Dec 31 2020CA$1mCA$376k

CA$75m

Sep 30 2020n/an/a

CA$122m

Jun 30 2020n/an/a

CA$108m

Mar 31 2020n/an/a

CA$301m

Dec 31 2019CA$1mCA$350k

CA$314m

Sep 30 2019n/an/a

CA$312m

Jun 30 2019n/an/a

CA$312m

Mar 31 2019n/an/a

CA$318m

Dec 31 2018CA$957kCA$293k

CA$335m

Sep 30 2018n/an/a

CA$334m

Jun 30 2018n/an/a

CA$312m

Mar 31 2018n/an/a

CA$330m

Dec 31 2017CA$130kn/a

CA$297m

Sep 30 2017n/an/a

CA$341m

Jun 30 2017n/an/a

CA$330m

Mar 31 2017n/an/a

CA$290m

Dec 31 2016CA$144kn/a

CA$322m

Compensation vs Market: Mitchell's total compensation ($USD1.03M) is below average for companies of similar size in the Canadian market ($USD3.41M).

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


CEO

Mitchell Goldhar (61 yo)

1.8yrs

Tenure

CA$1,379,420

Compensation

Mr. Mitchell Goldhar serves as Chief Executive Officer at SmartCentres Real Estate Investment Trust since September 9, 2021. He serves as President and Chief Executive Officer at Penguin Investments Inc. M...


Leadership Team

NamePositionTenureCompensationOwnership
Mitchell Goldhar
Executive Chairman & CEO1.8yrsCA$1.38m10.53%
CA$ 462.7m
Peter Slan
Chief Financial Officerless than a yearCA$1.49m0.00068%
CA$ 29.9k
Rudy Gobin
Executive Vice President of Portfolio Management & Investments8yrsCA$1.22m0.024%
CA$ 1.1m
Shea Calnan
Legal Counselno datano datano data
Fernando Vescio
Senior Vice President of Human Resources & Corporate Services8yrsno datano data
Erin Shirley
Director of Asset Managementno datano datano data
Paula Bustard
Executive Vice President of Development6yrsno datano data
Allan Scully
Executive Vice President of Development8.1yrsno datano data
Julia Mok
Director of Operations Accountingno datano datano data
Tom Bazinet
Senior Director of Property Managementno datano datano data
John Darlow
Vice President of Leasingno datano datano data
Steve Hughes
Vice President of Operationsno datano datano data

7.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: SRU.UN's management team is seasoned and experienced (7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mitchell Goldhar
Executive Chairman & CEO17.9yrsCA$1.38m10.53%
CA$ 462.7m
Michael Young
Lead Independent Trustee19.6yrsCA$282.00k0.11%
CA$ 4.9m
Jamie McVicar
Independent Trustee21.5yrsCA$183.75k0.014%
CA$ 607.5k
Sylvie Lachance
Independent Trustee2yrsCA$163.00kno data
Gregory Howard
Trustee7.9yrsCA$158.00k0.0010%
CA$ 45.7k
Janet Bannister
Independent Trustee2yrsCA$163.00kno data
Garry Foster
Independent Trustee10.1yrsCA$207.00k0.0013%
CA$ 56.7k
Sharm Powell
Independent Trustee4.1yrsCA$196.25kno data

9.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: SRU.UN's board of directors are considered experienced (9 years average tenure).