City Office REIT Management
Management criteria checks 3/4
City Office REIT's CEO is Jamie Farrar, appointed in Apr 2014, has a tenure of 9.92 years. total yearly compensation is $2.38M, comprised of 22.1% salary and 77.9% bonuses, including company stock and options. directly owns 1.59% of the company’s shares, worth $3.09M. The average tenure of the management team and the board of directors is 8.1 years and 8.5 years respectively.
Key information
Jamie Farrar
Chief executive officer
US$2.4m
Total compensation
CEO salary percentage | 22.1% |
CEO tenure | 9.9yrs |
CEO ownership | 1.6% |
Management average tenure | 8.1yrs |
Board average tenure | 8.5yrs |
Recent management updates
Recent updates
I Went Heavy On Buying City Office REIT's 9.7% Yielding Preferreds
Mar 03City Office REIT: Deep Value Or 7.3% Dividend Yield Trap?
Jan 21City Office REIT: Fortune Favors The Brave
Nov 06City Office REIT: Exploring The Value Of Preferred Shares
Aug 22City Office REIT: Opportunity To Capture 9.7% Yield Via Preferred Shares
Jun 26City Office REIT: I'm Holding Onto My 9.7% Yielding Preferred Shares
Jun 14City Office REIT Q4 2022 Earnings Preview
Feb 22City Office REIT: 9.9% Yield And Plenty Of Upside
Jan 10City Office REIT: The Preferred Shares Now Offer A 9% Yield
Dec 10City Office REIT Q3 2022 Earnings Preview
Nov 04City Office REIT declares $0.20 dividend
Sep 15City Office REIT: A 7% Yielding Small Cap That Could Deliver Big Returns
Sep 09City Office REIT Q2 2022 Earnings Preview
Aug 03City Office: Overlooked Value In The Sector Most Vile
Jun 30City Office REIT: I Like The 7.1% Yielding Preferred Shares
Jun 10City Office REIT: The Definition Of Shareholder Value
Mar 25City Office: A Quality REIT
Jan 10CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | US$2m | US$525k | -US$10m |
Sep 30 2023 | n/a | n/a | -US$20m |
Jun 30 2023 | n/a | n/a | -US$18m |
Mar 31 2023 | n/a | n/a | -US$14m |
Dec 31 2022 | US$3m | US$475k | US$10m |
Sep 30 2022 | n/a | n/a | US$455m |
Jun 30 2022 | n/a | n/a | US$454m |
Mar 31 2022 | n/a | n/a | US$453m |
Dec 31 2021 | US$3m | US$475k | US$477m |
Sep 30 2021 | n/a | n/a | US$44m |
Jun 30 2021 | n/a | n/a | US$46m |
Mar 31 2021 | n/a | n/a | US$45m |
Dec 31 2020 | US$2m | US$475k | -US$3m |
Sep 30 2020 | n/a | n/a | -US$424k |
Jun 30 2020 | n/a | n/a | -US$4m |
Mar 31 2020 | n/a | n/a | -US$4m |
Dec 31 2019 | US$2m | US$400k | -US$6m |
Sep 30 2019 | n/a | n/a | -US$15m |
Jun 30 2019 | n/a | n/a | -US$15m |
Mar 31 2019 | n/a | n/a | -US$17m |
Dec 31 2018 | US$2m | US$400k | US$31m |
Sep 30 2018 | n/a | n/a | US$36m |
Jun 30 2018 | n/a | n/a | US$36m |
Mar 31 2018 | n/a | n/a | US$47m |
Dec 31 2017 | US$1m | US$325k | -US$2m |
Compensation vs Market: Jamie's total compensation ($USD2.38M) is above average for companies of similar size in the US market ($USD1.47M).
Compensation vs Earnings: Jamie's compensation has been consistent with company performance over the past year.
CEO
Jamie Farrar (47 yo)
9.9yrs
Tenure
US$2,378,388
Compensation
Mr. James Thomas Farrar, also known as Jamie, serves as Chief Executive Officer and Director at City Office REIT Inc. since April 2014. He served as a Co-Managing Partner at Clarity Real Estate. He has exp...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 9.9yrs | US$2.38m | 1.59% $ 3.1m | |
COO & President | 8.1yrs | US$2.38m | 1.41% $ 2.7m | |
CFO, Secretary & Treasurer | 9.9yrs | US$1.34m | 0.52% $ 1.0m | |
Senior Vice President of Finance | 2.5yrs | no data | no data | |
Senior Vice President of Operations | 2.5yrs | no data | no data |
8.1yrs
Average Tenure
51yo
Average Age
Experienced Management: CIO's management team is seasoned and experienced (8.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 9.9yrs | US$2.38m | 1.59% $ 3.1m | |
Independent Director | 1.1yrs | US$48.75k | 0.097% $ 188.4k | |
Independent Director | 9.9yrs | US$125.82k | 0.086% $ 166.2k | |
Independent Chairman | 7yrs | US$130.82k | 0.14% $ 263.4k | |
Independent Director | 9.9yrs | US$156.93k | 0.080% $ 154.7k | |
Independent Director | 5yrs | US$123.32k | 0.031% $ 60.4k |
8.5yrs
Average Tenure
50.5yo
Average Age
Experienced Board: CIO's board of directors are considered experienced (8.5 years average tenure).