CubeSmart Management

Management criteria checks 4/4

CubeSmart's CEO is Chris Marr, appointed in Nov 2008, has a tenure of 15.33 years. total yearly compensation is $7.29M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $35.90M. The average tenure of the management team and the board of directors is 10.1 years and 10.8 years respectively.

Key information

Chris Marr

Chief executive officer

US$7.3m

Total compensation

CEO salary percentage11.7%
CEO tenure15.3yrs
CEO ownership0.4%
Management average tenure10.1yrs
Board average tenure10.8yrs

Recent management updates

Recent updates

CubeSmart: Why Its Best Days Could Be Over

Mar 09

CubeSmart: A Wise Dividend Buy With Promising Potential

Feb 19

CubeSmart: Strong Dividend Growth & Trading At A Discount

Dec 06

CubeSmart: Fairly Valued With Potential Growth

Oct 02

CubeSmart's 5% Yield Is A Good Buy On Weakness

Sep 06

CubeSmart: Self-Storage Demand Normalizes, But Remains Attractive

Jul 13

CubeSmart declares $0.49 dividend

Feb 22

CubeSmart Vs. Life Storage: Why LSI Is A Better Buy In 2023

Feb 01

CubeSmart ticks lower amid Hedgeye short idea

Jan 10

CubeSmart: The Newest Addition To My Roth IRA

Dec 14

CubeSmart raises quarterly dividend by 14% to $0.49 /share

Dec 07

CubeSmart: Dividend Increases May Be In Store For This Fast Grower

Sep 25

CubeSmart declares $0.43 dividend

Jul 26

Here's Why We Think CubeSmart (NYSE:CUBE) Is Well Worth Watching

Jul 22
Here's Why We Think CubeSmart (NYSE:CUBE) Is Well Worth Watching

CubeSmart: Potentially Overvalued Amidst Sector Hype

Jul 18

CubeSmart: A Smart Pick With Pricing Power

May 19

Is Now The Time To Put CubeSmart (NYSE:CUBE) On Your Watchlist?

Apr 08
Is Now The Time To Put CubeSmart (NYSE:CUBE) On Your Watchlist?

CubeSmart: A High Yield Opportunity You'll Like

Mar 21

CubeSmart: One Of The Best Income Growth Ideas Out There

Jan 08

Should You Be Adding CubeSmart (NYSE:CUBE) To Your Watchlist Today?

Jan 02
Should You Be Adding CubeSmart (NYSE:CUBE) To Your Watchlist Today?

CubeSmart: A Smart Play For Both Growth And Dividend

Dec 14

Growth Investors: Industry Analysts Just Upgraded Their CubeSmart (NYSE:CUBE) Revenue Forecasts By 10%

Dec 07
Growth Investors: Industry Analysts Just Upgraded Their CubeSmart (NYSE:CUBE) Revenue Forecasts By 10%

CubeSmart Is A Terrific REIT

Oct 01

CubeSmart: Shares Look Fairly Valued

Aug 26

With EPS Growth And More, CubeSmart (NYSE:CUBE) Is Interesting

Aug 11
With EPS Growth And More, CubeSmart (NYSE:CUBE) Is Interesting

CubeSmart: A Quality Firm At A Fair Price

Jun 08

CubeSmart's (NYSE:CUBE) CEO Compensation Looks Acceptable To Us And Here's Why

May 05
CubeSmart's (NYSE:CUBE) CEO Compensation Looks Acceptable To Us And Here's Why

Can You Imagine How CubeSmart's (NYSE:CUBE) Shareholders Feel About The 35% Share Price Increase?

Mar 14
Can You Imagine How CubeSmart's (NYSE:CUBE) Shareholders Feel About The 35% Share Price Increase?

Have Insiders Been Selling CubeSmart (NYSE:CUBE) Shares?

Feb 07
Have Insiders Been Selling CubeSmart (NYSE:CUBE) Shares?

CEO Compensation Analysis

How has Chris Marr's remuneration changed compared to CubeSmart's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

US$411m

Sep 30 2023n/an/a

US$380m

Jun 30 2023n/an/a

US$390m

Mar 31 2023n/an/a

US$351m

Dec 31 2022US$7mUS$850k

US$291m

Sep 30 2022n/an/a

US$255m

Jun 30 2022n/an/a

US$230m

Mar 31 2022n/an/a

US$220m

Dec 31 2021US$7mUS$800k

US$223m

Sep 30 2021n/an/a

US$220m

Jun 30 2021n/an/a

US$180m

Mar 31 2021n/an/a

US$169m

Dec 31 2020US$6mUS$775k

US$166m

Sep 30 2020n/an/a

US$165m

Jun 30 2020n/an/a

US$161m

Mar 31 2020n/an/a

US$172m

Dec 31 2019US$5mUS$750k

US$169m

Sep 30 2019n/an/a

US$175m

Jun 30 2019n/an/a

US$176m

Mar 31 2019n/an/a

US$165m

Dec 31 2018US$4mUS$715k

US$164m

Sep 30 2018n/an/a

US$155m

Jun 30 2018n/an/a

US$150m

Mar 31 2018n/an/a

US$144m

Dec 31 2017US$4mUS$687k

US$134m

Compensation vs Market: Chris's total compensation ($USD7.29M) is below average for companies of similar size in the US market ($USD12.21M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


CEO

Chris Marr (58 yo)

15.3yrs

Tenure

US$7,288,676

Compensation

Mr. Christopher P. Marr, also known as Chris, is Director of STAG Industrial Inc. at STAG Industrial Operating Partnership, L.P. He has been the Chief Executive Officer and President at CubeSmart since Jan...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Marr
CEO, President & Trustee15.3yrsUS$7.29m0.37%
$ 35.9m
Timothy Martin
CFO & Treasurer15.3yrsUS$2.65m0.14%
$ 13.4m
Joel Keaton
Chief Operating Officer4.3yrsUS$1.95m0.032%
$ 3.1m
Jeffrey Foster
Senior VP15.1yrsUS$1.75m0.081%
$ 7.9m
Matthew DeNarie
Senior VP & Chief Accounting Officerless than a yearno data0.0071%
$ 687.2k
Charles Place
Director10.2yrsno datano data
Daniel Ruble
Vice President of Marketing10.1yrsno datano data
Jennifer Schulte
Chief Human Resources Officer3.5yrsno data0.0048%
$ 466.5k
Carey Parsons
Vice President of Operations17.5yrsno datano data
Guy Middlebrooks
Vice President of Third-Party Management10.1yrsno datano data
Joshua Schutzer
Director of Financial Analysisno datano datano data

10.1yrs

Average Tenure

52yo

Average Age

Experienced Management: CUBE's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Marr
CEO, President & Trustee10.2yrsUS$7.29m0.37%
$ 35.9m
Jeffrey Rogatz
Independent Trustee13.2yrsUS$172.61k0.021%
$ 2.1m
Deborah Ratner-Salzberg
Independent Non-Executive Chair10.8yrsUS$193.86k0.014%
$ 1.4m
John Remondi
Independent Trustee14.3yrsUS$180.11k0.030%
$ 2.9m
John Fain
Independent Trustee11.8yrsUS$179.21k0.017%
$ 1.7m
Dorothy Dowling
Independent Trustee6.7yrsUS$178.64k0.011%
$ 1.1m
Piero Bussani
Independent Trustee14.1yrsUS$171.36k0.026%
$ 2.5m
Jair Lynch
Independent Director1.8yrsUS$121.76k0.0021%
$ 199.4k
Jit Chin
Independent Director1.4yrsUS$49.20k0.0017%
$ 165.5k

10.8yrs

Average Tenure

60yo

Average Age

Experienced Board: CUBE's board of directors are seasoned and experienced ( 10.8 years average tenure).


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