Morguard Corporation

OTCPK:MRCB.F Stock Report

Market Cap: US$893.9m

Morguard Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Angela Sahi

Chief executive officer

CA$1.2m

Total compensation

CEO salary percentage54.44%
CEO tenure2yrs
CEO ownershipn/a
Management average tenure10.8yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Angela Sahi's remuneration changed compared to Morguard's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

CA$175m

Sep 30 2025n/an/a

CA$227m

Jun 30 2025n/an/a

CA$190m

Mar 31 2025n/an/a

CA$189m

Dec 31 2024CA$1mCA$645k

CA$262m

Sep 30 2024n/an/a

CA$198m

Jun 30 2024n/an/a

CA$203m

Mar 31 2024n/an/a

CA$239m

Dec 31 2023CA$613kCA$385k

CA$74m

Sep 30 2023n/an/a

-CA$322m

Jun 30 2023n/an/a

-CA$261m

Mar 31 2023n/an/a

-CA$118m

Dec 31 2022CA$560kCA$350k

CA$123m

Sep 30 2022n/an/a

CA$621m

Jun 30 2022n/an/a

CA$657m

Mar 31 2022n/an/a

CA$441m

Dec 31 2021CA$399kCA$275k

CA$250m

Sep 30 2021n/an/a

CA$72m

Jun 30 2021n/an/a

-CA$35m

Mar 31 2021n/an/a

-CA$117m

Dec 31 2020CA$399kCA$275k

-CA$99m

Sep 30 2020n/an/a

CA$48m

Jun 30 2020n/an/a

CA$52m

Mar 31 2020n/an/a

CA$187m

Dec 31 2019CA$403kn/a

CA$187m

Compensation vs Market: Angela's total compensation ($USD862.44K) is below average for companies of similar size in the US market ($USD3.43M).

Compensation vs Earnings: Angela's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Angela Sahi

2yrs
Tenure
CA$1,184,710
Compensation

Ms. Angela Sahi, C.P.A., is President & CEO of Morguard Real Estate Investment Trust from November 12, 2025 and serves as its Non-Independent Director and was its Executive VP. Ms. Sahi was Executive VP &...

Leadership Team

NamePositionTenureCompensationOwnership
Kuldip Sahi
Executive Chair35.6yrsCA$3.24m62.91%
$ 562.3m
Angela Sahi
CEO, President & Non-Independent Director2yrsCA$1.18mno data
Paul Miatello
Senior VP & CFO18.9yrsCA$659.40k0.098%
$ 880.2k
John Talano
Senior Vice President of Morguard Managementno dataCA$908.64kno data
David Wyatt
Senior Vice President of Retail Leasing & Operations - MILno dataCA$572.65kno data
Beverley Flynn
Senior VP21.4yrsno data0.037%
$ 334.9k
Pamela McLean
Senior VP of Finance & CFO of Services MILno datano datano data
Andrew Tamlin
Chief Financial Officer of MRTno datano datano data
Margaret Knowles
Senior Vice President of Development - Morguard Investments Limitedno dataCA$385.82kno data
George Schott
President & COO of Morguard Investments Ltd.10.8yrsCA$383.19kno data
Patrick Seward
Vice President of Planning & Corporate Developmentno datano datano data
10.8yrs
Average Tenure

Experienced Management: MRCB.F's management team is seasoned and experienced (10.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kuldip Sahi
Executive Chair35.6yrsCA$3.24m62.91%
$ 562.3m
Angela Sahi
CEO, President & Non-Independent Director8.8yrsCA$1.18mno data
Chris Cahill
Independent Director10.8yrsCA$54.00k0.028%
$ 251.1k
William Braithwaite
Independent Director5.8yrsCA$59.50k0.028%
$ 251.1k
George Armoyan
Director1.6yrsCA$16.50k0.075%
$ 669.7k
Bruce Robertson
Lead Independent Director15.8yrsCA$102.50k0.55%
$ 4.9m
Stephen Taylor
Independent Director5.6yrsCA$67.29k0.22%
$ 1.9m
Leonard Sharpe
Independent Director15.3yrsCA$56.50k0.028%
$ 251.1k
Philip Evans
Directorless than a yearno datano data
Karen H. Weaver
Directorless than a yearno datano data
7.3yrs
Average Tenure
71.5yo
Average Age

Experienced Board: MRCB.F's board of directors are considered experienced (7.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/13 12:14
End of Day Share Price 2026/02/11 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Morguard Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Dean WilkinsonCIBC Capital Markets
Matt LoganRBC Capital Markets
Pammi BirRBC Capital Markets