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 percentage | 29.4% |
| CEO tenure | 1.8yrs |
| CEO ownership | 10.5% |
| Management average tenure | 7yrs |
| Board average tenure | 9yrs |
Recent management updates
President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)
Mar 13
Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares
Dec 27
Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?
Dec 11Recent updates
Does SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Deserve A Spot On Your Watchlist?
Feb 22President Peter Forde Just Bought 367% More Shares In SmartCentres Real Estate Investment Trust (TSE:SRU.UN)
Mar 13What You Need To Know About SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Investor Composition
Mar 02SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Stock Price Has Reduced 25% In The Past Year
Feb 04Insider Buying: The SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Executive Chairman Just Bought CA$690k Worth Of Shares
Dec 27Have Insiders Been Buying SmartCentres Real Estate Investment Trust (TSE:SRU.UN) Shares?
Dec 11The President of the Council of SmartCentres Real Estate Investment Trust (TSE:SRU.UN), Mitchell Goldhar, Just Bought A Few More Shares
Aug 28What Type Of Shareholders Make Up SmartCentres Real Estate Investment Trust's (TSE:SRU.UN) Share Registry?
Jul 30CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | CA$307m |
| Dec 31 2022 | CA$1m | CA$406k | CA$516m |
| Sep 30 2022 | n/a | n/a | CA$981m |
| Jun 30 2022 | n/a | n/a | CA$1b |
| Mar 31 2022 | n/a | n/a | CA$1b |
| Dec 31 2021 | CA$15m | CA$392k | CA$828m |
| Sep 30 2021 | n/a | n/a | CA$322m |
| Jun 30 2021 | n/a | n/a | CA$266m |
| Mar 31 2021 | n/a | n/a | CA$72m |
| Dec 31 2020 | CA$1m | CA$376k | CA$75m |
| Sep 30 2020 | n/a | n/a | CA$122m |
| Jun 30 2020 | n/a | n/a | CA$108m |
| Mar 31 2020 | n/a | n/a | CA$301m |
| Dec 31 2019 | CA$1m | CA$350k | CA$314m |
| Sep 30 2019 | n/a | n/a | CA$312m |
| Jun 30 2019 | n/a | n/a | CA$312m |
| Mar 31 2019 | n/a | n/a | CA$318m |
| Dec 31 2018 | CA$957k | CA$293k | CA$335m |
| Sep 30 2018 | n/a | n/a | CA$334m |
| Jun 30 2018 | n/a | n/a | CA$312m |
| Mar 31 2018 | n/a | n/a | CA$330m |
| Dec 31 2017 | CA$130k | n/a | CA$297m |
| Sep 30 2017 | n/a | n/a | CA$341m |
| Jun 30 2017 | n/a | n/a | CA$330m |
| Mar 31 2017 | n/a | n/a | CA$290m |
| Dec 31 2016 | CA$144k | n/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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 1.8yrs | CA$1.38m | 10.53% CA$ 462.7m | |
| Chief Financial Officer | less than a year | CA$1.49m | 0.00068% CA$ 29.9k | |
| Executive Vice President of Portfolio Management & Investments | 8yrs | CA$1.22m | 0.024% CA$ 1.1m | |
| Legal Counsel | no data | no data | no data | |
| Senior Vice President of Human Resources & Corporate Services | 8yrs | no data | no data | |
| Director of Asset Management | no data | no data | no data | |
| Executive Vice President of Development | 6yrs | no data | no data | |
| Executive Vice President of Development | 8.1yrs | no data | no data | |
| Director of Operations Accounting | no data | no data | no data | |
| Senior Director of Property Management | no data | no data | no data | |
| Vice President of Leasing | no data | no data | no data | |
| Vice President of Operations | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 17.9yrs | CA$1.38m | 10.53% CA$ 462.7m | |
| Lead Independent Trustee | 19.6yrs | CA$282.00k | 0.11% CA$ 4.9m | |
| Independent Trustee | 21.5yrs | CA$183.75k | 0.014% CA$ 607.5k | |
| Independent Trustee | 2yrs | CA$163.00k | no data | |
| Trustee | 7.9yrs | CA$158.00k | 0.0010% CA$ 45.7k | |
| Independent Trustee | 2yrs | CA$163.00k | no data | |
| Independent Trustee | 10.1yrs | CA$207.00k | 0.0013% CA$ 56.7k | |
| Independent Trustee | 4.1yrs | CA$196.25k | no data |
9.0yrs
Average Tenure
63.5yo
Average Age
Experienced Board: SRU.UN's board of directors are considered experienced (9 years average tenure).