Cromwell European Real Estate Investment Trust Management
Management criteria checks 4/4
Cromwell European Real Estate Investment Trust's CEO is Simon Garing, appointed in Sep 2018, has a tenure of 5.67 years. total yearly compensation is €858.56K, comprised of 50.5% salary and 49.5% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth €360.24K. The average tenure of the management team and the board of directors is 5.3 years and 6.2 years respectively.
Key information
Simon Garing
Chief executive officer
€858.6k
Total compensation
| CEO salary percentage | 50.5% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.3yrs |
| Board average tenure | 6.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €859k | n/a | -€76m |
| Sep 30 2023 | n/a | n/a | €33m |
| Jun 30 2023 | n/a | n/a | -€29m |
| Mar 31 2023 | n/a | n/a | €5m |
| Dec 31 2022 | €885k | €433k | €40m |
| Sep 30 2022 | n/a | n/a | €91m |
| Jun 30 2022 | n/a | n/a | €88m |
| Mar 31 2022 | n/a | n/a | €92m |
| Dec 31 2021 | €915k | €394k | €96m |
Compensation vs Market: Simon's total compensation ($USD914.92K) is about average for companies of similar size in the SG market ($USD875.52K).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
CEO
Simon Garing (53 yo)
5.7yrs
Tenure
€858,557
Compensation
Mr. Simon Robert Garing has been Chief Executive Officer of Cromwell EREIT Management Pte. Ltd. at Cromwell European Real Estate Investment Trust since May 13, 2019.Mr. Garing serves as Chief Executive Of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director of Cromwell EREIT Management Pte. Ltd. | 5.7yrs | €858.56k | 0.043% € 360.2k | |
| Chief Financial Officer of Cromwell EREIT Management Pte Ltd | 5yrs | no data | no data | |
| COO & Head of Investor Relations of Cromwell EREIT Management Pte Ltd | 6.7yrs | no data | no data | |
| Head of Risk | no data | no data | no data | |
| Head of Property of Cromwell EREIT Management Pte. Ltd. | 5.3yrs | no data | no data | |
| Company Secretary of Cromwell EREIT Management Pte. Ltd. | 1.6yrs | no data | no data |
5.3yrs
Average Tenure
53yo
Average Age
Experienced Management: CWBU's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director of Cromwell EREIT Management Pte. Ltd. | 5.7yrs | €858.56k | 0.043% € 360.2k | |
| Independent Chairman of Cromwell EREIT Management Pte Ltd | 6.8yrs | €130.41k | 0.020% € 165.4k | |
| Independent Non-Executive Director of Cromwell EREIT Management Pte. Ltd | 6.8yrs | €109.82k | no data | |
| Independent Non-Executive Director of Cromwell EREIT Management Pte Ltd | 6.8yrs | €109.82k | no data | |
| Non-Independent Non-Executive Director of Cromwell EREIT Management Pte. Ltd. | less than a year | no data | no data | |
| Non-Independent Non-Executive Director of Cromwell EREIT Management Pte Ltd | 2.7yrs | €82.37k | no data |
6.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: CWBU's board of directors are considered experienced (6.2 years average tenure).