H&R Real Estate Investment Trust Management
Management criteria checks 3/4
H&R Real Estate Investment Trust's CEO is Tom Hofstedter, appointed in Dec 1996, has a tenure of 27.92 years. total yearly compensation is CA$4.45M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 1.43% of the company’s shares, worth €26.96M. The average tenure of the management team and the board of directors is 3.7 years and 3.4 years respectively.
Key information
Tom Hofstedter
Chief executive officer
CA$4.5m
Total compensation
| CEO salary percentage | 27.0% |
| CEO tenure | 27.9yrs |
| CEO ownership | 1.4% |
| Management average tenure | 3.7yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$262m |
| Jun 30 2024 | n/a | n/a | -CA$215m |
| Mar 31 2024 | n/a | n/a | -CA$1m |
| Dec 31 2023 | CA$4m | CA$1m | CA$62m |
| Sep 30 2023 | n/a | n/a | -CA$43m |
| Jun 30 2023 | n/a | n/a | -CA$202m |
| Mar 31 2023 | n/a | n/a | -CA$30m |
| Dec 31 2022 | CA$5m | CA$1m | CA$845m |
| Sep 30 2022 | n/a | n/a | CA$1b |
| Jun 30 2022 | n/a | n/a | CA$1b |
| Mar 31 2022 | n/a | n/a | CA$1b |
| Dec 31 2021 | CA$4m | CA$1m | CA$598m |
| Sep 30 2021 | n/a | n/a | CA$501m |
| Jun 30 2021 | n/a | n/a | CA$614m |
| Mar 31 2021 | n/a | n/a | CA$555m |
| Dec 31 2020 | CA$4m | CA$1m | -CA$625m |
| Sep 30 2020 | n/a | n/a | -CA$573m |
| Jun 30 2020 | n/a | n/a | -CA$751m |
| Mar 31 2020 | n/a | n/a | -CA$678m |
| Dec 31 2019 | CA$4m | CA$1m | CA$340m |
| Sep 30 2019 | n/a | n/a | CA$238m |
| Jun 30 2019 | n/a | n/a | CA$274m |
| Mar 31 2019 | n/a | n/a | CA$273m |
| Dec 31 2018 | CA$4m | CA$1m | CA$338m |
| Sep 30 2018 | n/a | n/a | CA$602m |
| Jun 30 2018 | n/a | n/a | CA$575m |
| Mar 31 2018 | n/a | n/a | CA$620m |
| Dec 31 2017 | CA$4m | CA$1m | CA$668m |
Compensation vs Market: Tom's total compensation ($USD3.18M) is above average for companies of similar size in the German market ($USD1.63M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Hofstedter (70 yo)
27.9yrs
Tenure
CA$4,450,000
Compensation
Mr. Thomas J. Hofstedter, also known as Tom, is Trustee of Lantower Residential Real Estate Development Trust (No. 1) from February 12, 2024. Mr. Hofstedter served as the President of H&R Real Estate Inves...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 27.9yrs | CA$4.45m | 1.43% € 27.0m | |
| Chief Financial Officer | 18.2yrs | CA$2.70m | 0.056% € 1.1m | |
| Executive Vice President of Office & Industrial | 3.1yrs | CA$1.80m | 0.046% € 866.4k | |
| Chief Operating Officer of Lantower Residential | 3.1yrs | CA$1.09m | 0.00034% € 6.4k | |
| Executive Vice President of Development & Construction | 3.1yrs | CA$936.25k | no data | |
| Executive Vice President of Operations | 4.3yrs | no data | 0.00088% € 16.6k | |
| Executive Vice President of Finance | 10.8yrs | CA$521.00k | no data | |
| Senior Vice President of Human Resources of Primaris | no data | no data | no data | |
| President of Property Management- Lantower Residential | 3.1yrs | no data | no data | |
| Executive Vice President of Accounting - Lantower Residential | no data | no data | no data | |
| Executive Vice President of Development - Lantower Residential | no data | no data | no data | |
| Executive Vice President of Portfolio Management - Lantower Residential | no data | no data | no data |
3.7yrs
Average Tenure
59yo
Average Age
Experienced Management: HR3A's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 28.8yrs | CA$4.45m | 1.43% € 27.0m | |
| Honorary Chairman | no data | no data | no data | |
| Non-Independent Trustee | 7.4yrs | CA$120.00k | 0.012% € 226.3k | |
| Independent Lead Trustee | 1.7yrs | CA$227.25k | 0.013% € 236.6k | |
| Independent Trustee | 4.4yrs | CA$167.50k | no data | |
| Independent Director | 3.4yrs | CA$170.70k | 0.0024% € 45.3k | |
| Independent Trustee | 1.4yrs | CA$85.00k | 0.0076% € 144.0k | |
| Independent Trustee | 4.4yrs | CA$180.50k | 0.0084% € 159.5k | |
| Independent Trustee | 1.4yrs | CA$85.00k | 0.00048% € 9.1k | |
| Independent Director | 3.4yrs | CA$180.00k | 0.00087% € 16.4k | |
| Independent Director | 3.4yrs | CA$176.80k | 0.034% € 633.5k |
3.4yrs
Average Tenure
62yo
Average Age
Experienced Board: HR3A's board of directors are considered experienced (3.4 years average tenure).