Reit 1 Management
Management criteria checks 3/4
Reit 1's CEO is Shmuel Sayad, appointed in Apr 2006, has a tenure of 18.08 years. total yearly compensation is ₪4.20M, comprised of 35.8% salary and 64.2% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth ₪23.34M. The average tenure of the management team and the board of directors is 5.6 years and 7.8 years respectively.
Key information
Shmuel Sayad
Chief executive officer
₪4.2m
Total compensation
| CEO salary percentage | 35.8% |
| CEO tenure | 18.1yrs |
| CEO ownership | 0.8% |
| Management average tenure | 5.6yrs |
| Board average tenure | 7.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | ₪561m |
| Jun 30 2023 | n/a | n/a | ₪375m |
| Mar 31 2023 | n/a | n/a | ₪565m |
| Dec 31 2022 | ₪4m | ₪2m | ₪565m |
| Sep 30 2022 | n/a | n/a | ₪628m |
| Jun 30 2022 | n/a | n/a | ₪673m |
| Mar 31 2022 | n/a | n/a | ₪495m |
| Dec 31 2021 | n/a | n/a | ₪508m |
| Sep 30 2021 | n/a | n/a | ₪253m |
| Jun 30 2021 | n/a | n/a | ₪229m |
| Mar 31 2021 | n/a | n/a | ₪142m |
| Dec 31 2020 | ₪2m | ₪1m | ₪152m |
| Sep 30 2020 | n/a | n/a | ₪332m |
| Jun 30 2020 | n/a | n/a | ₪356m |
| Mar 31 2020 | n/a | n/a | ₪419m |
| Dec 31 2019 | ₪2m | ₪1m | ₪424m |
Compensation vs Market: Shmuel's total compensation ($USD1.13M) is about average for companies of similar size in the IL market ($USD1.11M).
Compensation vs Earnings: Shmuel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Shmuel Sayad (41 yo)
18.1yrs
Tenure
₪4,197,000
Compensation
Mr. Shmuel Sayad, CPA has been the Chief Executive Officer of Reit 1 Ltd. since April 11, 2006. and serves as its President.Mr. Sayad served as Executive Director of Reit 1 Ltd. Mr. Sayad served as the Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 18.1yrs | ₪4.20m | 0.77% ₪ 23.3m | |
| Chief Financial Officer | 5.5yrs | ₪1.51m | 0.021% ₪ 643.2k | |
| Vice President of Business Development | no data | ₪2.20m | 0.019% ₪ 580.1k | |
| Accountant | 5.6yrs | no data | 0% ₪ 0 | |
| Senior Executive Head of Investor Relations | 16.2yrs | no data | no data | |
| Vice President of Assets & Marketing | 2.3yrs | no data | no data |
5.6yrs
Average Tenure
41yo
Average Age
Experienced Management: RIT1's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 18.1yrs | ₪4.20m | 0.78% ₪ 23.9m | |
| Director | 16.2yrs | no data | no data | |
| Independent External Director | 7.8yrs | no data | no data | |
| Independent Director | 9.8yrs | ₪243.00k | no data | |
| Director | 4.8yrs | no data | no data | |
| Director | 6.4yrs | no data | no data | |
| Independent Director | 2yrs | no data | no data |
7.8yrs
Average Tenure
66yo
Average Age
Experienced Board: RIT1's board of directors are considered experienced (7.8 years average tenure).