MCAN Mortgage Corporation

DB:885 Stock Report

Market Cap: €503.4m

MCAN Mortgage Management

Management criteria checks 3/4

MCAN Mortgage's CEO is Derek Sutherland, appointed in Nov 2024, has a tenure of 7.5 years. total yearly compensation is CA$1.05M, comprised of 44.4% salary and 55.6% bonuses, including company stock and options. directly owns 1.97% of the company’s shares, worth €9.92M. The average tenure of the management team and the board of directors is 2.7 years and 4 years respectively.

Key information

Derek Sutherland

Chief executive officer

CA$1.0m

Total compensation

CEO salary percentage44.4%
CEO tenureno data
CEO ownership2.0%
Management average tenure2.7yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Derek Sutherland's remuneration changed compared to MCAN Mortgage's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$90m

Jun 30 2024n/an/a

CA$81m

Mar 31 2024n/an/a

CA$77m

Dec 31 2023CA$1mCA$465k

CA$77m

Sep 30 2023n/an/a

CA$82m

Jun 30 2023n/an/a

CA$75m

Mar 31 2023n/an/a

CA$63m

Dec 31 2022CA$117kn/a

CA$55m

Sep 30 2022n/an/a

CA$47m

Jun 30 2022n/an/a

CA$49m

Mar 31 2022n/an/a

CA$64m

Dec 31 2021CA$114kn/a

CA$64m

Sep 30 2021n/an/a

CA$70m

Jun 30 2021n/an/a

CA$80m

Mar 31 2021n/an/a

CA$69m

Dec 31 2020CA$94kn/a

CA$43m

Sep 30 2020n/an/a

CA$31m

Jun 30 2020n/an/a

CA$23m

Mar 31 2020n/an/a

CA$24m

Dec 31 2019CA$64kn/a

CA$48m

Sep 30 2019n/an/a

CA$41m

Jun 30 2019n/an/a

CA$38m

Mar 31 2019n/an/a

CA$40m

Dec 31 2018CA$110kn/a

CA$36m

Sep 30 2018n/an/a

CA$44m

Jun 30 2018n/an/a

CA$42m

Mar 31 2018n/an/a

CA$40m

Dec 31 2017CA$38kn/a

CA$40m

Compensation vs Market: Derek's total compensation ($USD747.19K) is about average for companies of similar size in the German market ($USD1.03M).

Compensation vs Earnings: Derek's compensation has increased by more than 20% in the past year.

CEO

Derek Sutherland (53 yo)

no data

Tenure

CA$1,047,188

Compensation

Mr. Derek G. Sutherland, CPA, CA, CBV, serves as Chairman at MCAN Mortgage Corporation since February 26, 2020 and serves as its Interim CEO since November 2024 and was its Interim CEO & President since Ju...

Leadership Team

NamePositionTenureCompensationOwnership
Derek Sutherland
Interim CEO & Chairmanno dataCA$1.05m1.97%
€ 9.9m
Avish Buck
Senior VP2.7yrsCA$801.49k0.11%
€ 537.0k
Carl Brown
Senior Vice President of Investments & Corporate Development5.2yrsCA$748.71k0.14%
€ 717.6k
Aaron Corr
VP & Chief Risk Officer2.8yrsCA$456.64k0.050%
€ 250.6k
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%
€ 21.0k
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%
€ 1.0m
Peter Ryan
VP & Controllerless than a yearno data0.020%
€ 103.0k
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
Derek Sutherland
Interim CEO & Chairman7.5yrsCA$1.05m1.97%
€ 9.9m
Karen Martin
Independent Directorless than a yearno data0.13%
€ 632.5k
Gaelen Morphet
Lead Independent Director6.8yrsCA$75.93k0.076%
€ 383.8k
Brian Chu
Independent Director3.5yrsCA$83.07k0.038%
€ 192.7k
Phillip Gillin
Independent Director4.5yrsCA$92.00k0.035%
€ 174.0k
Glenn Dore
Independent Director4.5yrsCA$67.00k0.53%
€ 2.7m
John Coke
Independent Director3.5yrsCA$82.00k0.12%
€ 620.7k
Bonnie Agostinho
Independent Director2.5yrsCA$67.00k0.023%
€ 115.8k

4.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 885's board of directors are considered experienced (4 years average tenure).