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 0.022% of the company’s shares, worth €103.27K. The average tenure of the management team and the board of directors is 2.6 years and 3.4 years respectively.
Key information
Don Coulter
Chief executive officer
CA$964.8k
Total compensation
| CEO salary percentage | 5.2% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 2.6yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | CA$81m |
| Mar 31 2024 | n/a | n/a | CA$77m |
| Dec 31 2023 | CA$965k | CA$50k | CA$77m |
Compensation vs Market: Don's total compensation ($USD710.86K) is below average for companies of similar size in the German market ($USD1.29M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$964.83k | 0.022% CA$ 103.3k | |
| Senior VP | 2.6yrs | CA$801.49k | 0.095% CA$ 441.6k | |
| Senior Vice President of Investments & Corporate Development | 5.1yrs | CA$748.71k | 0.14% CA$ 666.1k | |
| VP & Chief Risk Officer | 2.7yrs | CA$456.64k | 0.049% CA$ 228.4k | |
| Chief Financial Officer | no data | no data | no data | |
| VP, Chief Compliance Officer and Chief Anti Money Laundering & Privacy Officer | no data | no data | no data | |
| Vice President of Human Resources | 2.8yrs | no data | 0.0042% CA$ 19.4k | |
| VP & Chief Audit Officer | no data | no data | no data | |
| Chief Executive Officer of Canada ICI Capital Corporation | no data | no data | no data | |
| VP, Corporate Secretary & Governance Officer | no data | no data | 0.21% CA$ 959.8k | |
| VP & Treasurer | no data | no data | no data |
2.6yrs
Average Tenure
Experienced Management: 885's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$964.83k | 0.022% CA$ 103.3k | |
| Independent Director | less than a year | no data | 0.13% CA$ 587.1k | |
| Independent Chairman of the Board | 7.4yrs | CA$1.05m | 1.98% CA$ 9.2m | |
| Independent Director | 6.8yrs | CA$75.93k | 0.077% CA$ 356.2k | |
| Independent Director | 3.4yrs | CA$83.07k | 0.038% CA$ 174.9k | |
| Independent Director | 4.4yrs | CA$92.00k | 0.034% CA$ 158.0k | |
| Independent Director | 4.4yrs | CA$67.00k | 0.53% CA$ 2.5m | |
| Lead Independent Director | 3.4yrs | CA$82.00k | 0.12% CA$ 563.6k | |
| Independent Director | 2.4yrs | CA$67.00k | 0.023% CA$ 107.5k |
3.4yrs
Average Tenure
61yo
Average Age
Experienced Board: 885's board of directors are considered experienced (3.4 years average tenure).