MCAN Mortgage Corporation

DB:885 Stock Report

Market Cap: €471.4m

MCAN Mortgage Management

Management criteria checks 3/4

MCAN Mortgage's CEO is Don Coulter, appointed in Dec 2023, has a tenure of less than a year. total yearly compensation is CA$964.83K, comprised of 5.2% salary and 94.8% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth €112.58K. The average tenure of the management team and the board of directors is 2.7 years and 3.5 years respectively.

Key information

Don Coulter

Chief executive officer

CA$964.8k

Total compensation

CEO salary percentage5.2%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure2.7yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Don Coulter's remuneration changed compared to MCAN Mortgage's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CA$81m

Mar 31 2024n/an/a

CA$77m

Dec 31 2023CA$965kCA$50k

CA$77m

Compensation vs Market: Don's total compensation ($USD696.06K) is below average for companies of similar size in the German market ($USD1.07M).

Compensation vs Earnings: Insufficient data to compare Don's compensation with company performance.


CEO

Don Coulter (56 yo)

less than a year

Tenure

CA$964,833

Compensation

Mr. Donald E. Coulter, also known as Don, BSc, MSc, CPA, CA, ICD D, is Chief Executive Officer, President & Director of MCAN Mortgage Corporation since December 01, 2023. He was Chief Executive Officer of...


Leadership Team

NamePositionTenureCompensationOwnership
Donald Coulter
Presidentless than a yearCA$964.83k0.024%
€ 112.6k
Avish Buck
Senior VP2.7yrsCA$801.49k0.11%
€ 502.0k
Carl Brown
Senior Vice President of Investments & Corporate Development5.2yrsCA$748.71k0.14%
€ 670.8k
Aaron Corr
VP & Chief Risk Officer2.8yrsCA$456.64k0.050%
€ 234.3k
Santokh Birk
Senior VP & CFOless than a yearno datano data
Michael Jensen
VP, Chief Compliance Officer and Chief Anti Money Laundering & Privacy Officerno datano datano data
Michelle Liotta
Vice President of Human Resources2.8yrsno data0.0042%
€ 19.6k
Nazeera Khan
VP & Chief Audit Officerno datano datano data
Dale Klein
Chief Executive Officer of Canada ICI Capital Corporationno datano datano data
Sylvia Pinto
VP, Corporate Secretary & Governance Officerno datano data0.21%
€ 968.6k
Peter Ryan
VP & Controllerless than a yearno data0.020%
€ 96.3k
Justin Silva
VP & Treasurerno datano datano data

2.7yrs

Average Tenure

Experienced Management: 885's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Donald Coulter
Presidentless than a yearCA$964.83k0.024%
€ 112.6k
Karen Martin
Independent Directorless than a yearno data0.13%
€ 591.3k
Derek Sutherland
Independent Chairman of the Board7.5yrsCA$1.05m1.97%
€ 9.3m
Gaelen Morphet
Independent Director6.8yrsCA$75.93k0.076%
€ 358.7k
Brian Chu
Independent Director3.5yrsCA$83.07k0.038%
€ 180.1k
Phillip Gillin
Independent Director4.5yrsCA$92.00k0.035%
€ 162.6k
Glenn Dore
Independent Director4.5yrsCA$67.00k0.53%
€ 2.5m
John Coke
Lead Independent Director3.5yrsCA$82.00k0.12%
€ 580.3k
Bonnie Agostinho
Independent Director2.5yrsCA$67.00k0.023%
€ 108.3k

3.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 885's board of directors are considered experienced (3.5 years average tenure).