CubeSmart Management
Management criteria checks 4/4
CubeSmart's CEO is Chris Marr, appointed in Nov 2008, has a tenure of 16.17 years. total yearly compensation is $6.72M, comprised of 13.2% salary and 86.8% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth $35.35M. The average tenure of the management team and the board of directors is 10.9 years and 11.7 years respectively.
Key information
Chris Marr
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 13.2% |
| CEO tenure | 16.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 10.9yrs |
| Board average tenure | 11.7yrs |
Recent management updates
Recent updates
CubeSmart: Buy For Dividend Growth From Self Storage
Dec 17CubeSmart: One Of The Most Boring Business Models Delivers The Most Consistent Returns
Jul 22CubeSmart: Rising Costs And Declining Occupancy Are A Drain On FFO
May 02CubeSmart: Why Its Best Days Could Be Over
Mar 09CubeSmart: A Wise Dividend Buy With Promising Potential
Feb 19CubeSmart: Strong Dividend Growth & Trading At A Discount
Dec 06CubeSmart: Fairly Valued With Potential Growth
Oct 02CubeSmart's 5% Yield Is A Good Buy On Weakness
Sep 06CubeSmart: Self-Storage Demand Normalizes, But Remains Attractive
Jul 13CubeSmart declares $0.49 dividend
Feb 22CubeSmart Vs. Life Storage: Why LSI Is A Better Buy In 2023
Feb 01CubeSmart ticks lower amid Hedgeye short idea
Jan 10CubeSmart: The Newest Addition To My Roth IRA
Dec 14CubeSmart raises quarterly dividend by 14% to $0.49 /share
Dec 07CubeSmart: Dividend Increases May Be In Store For This Fast Grower
Sep 25CubeSmart declares $0.43 dividend
Jul 26CubeSmart: Potentially Overvalued Amidst Sector Hype
Jul 18CubeSmart: A Smart Pick With Pricing Power
May 19CubeSmart: A High Yield Opportunity You'll Like
Mar 21CubeSmart: One Of The Best Income Growth Ideas Out There
Jan 08CubeSmart: A Smart Play For Both Growth And Dividend
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$402m |
| Jun 30 2024 | n/a | n/a | US$404m |
| Mar 31 2024 | n/a | n/a | US$408m |
| Dec 31 2023 | US$7m | US$884k | US$411m |
| Sep 30 2023 | n/a | n/a | US$380m |
| Jun 30 2023 | n/a | n/a | US$390m |
| Mar 31 2023 | n/a | n/a | US$351m |
| Dec 31 2022 | US$7m | US$850k | US$291m |
| Sep 30 2022 | n/a | n/a | US$255m |
| Jun 30 2022 | n/a | n/a | US$230m |
| Mar 31 2022 | n/a | n/a | US$220m |
| Dec 31 2021 | US$7m | US$800k | US$223m |
| Sep 30 2021 | n/a | n/a | US$220m |
| Jun 30 2021 | n/a | n/a | US$180m |
| Mar 31 2021 | n/a | n/a | US$169m |
| Dec 31 2020 | US$6m | US$775k | US$166m |
| Sep 30 2020 | n/a | n/a | US$165m |
| Jun 30 2020 | n/a | n/a | US$161m |
| Mar 31 2020 | n/a | n/a | US$172m |
| Dec 31 2019 | US$5m | US$750k | US$169m |
| Sep 30 2019 | n/a | n/a | US$175m |
| Jun 30 2019 | n/a | n/a | US$176m |
| Mar 31 2019 | n/a | n/a | US$165m |
| Dec 31 2018 | US$4m | US$715k | US$164m |
Compensation vs Market: Chris's total compensation ($USD6.72M) is below average for companies of similar size in the US market ($USD12.87M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Marr (59 yo)
16.2yrs
Tenure
US$6,719,684
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 16.2yrs | US$6.72m | 0.36% $ 35.3m | |
| CFO & Treasurer | 16.2yrs | US$2.92m | 0.14% $ 13.5m | |
| Chief Operating Officer | 5.2yrs | US$2.14m | 0.032% $ 3.1m | |
| Senior VP | 15.9yrs | US$1.72m | 0.081% $ 7.9m | |
| Chief Human Resources Officer | 4.3yrs | US$911.21k | 0.0048% $ 467.7k | |
| Senior VP & Chief Accounting Officer | 1.8yrs | no data | 0.0067% $ 650.9k | |
| VP of Finance & Head of Investor Relations | no data | no data | no data | |
| Vice President of Marketing | 10.9yrs | no data | no data | |
| Vice President of Operations | 18.3yrs | no data | no data | |
| Vice President of Third-Party Management | 10.9yrs | no data | no data |
10.9yrs
Average Tenure
53yo
Average Age
Experienced Management: CUBE's management team is seasoned and experienced (10.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Trustee | 11yrs | US$6.72m | 0.36% $ 35.3m | |
| Independent Trustee | 14yrs | US$213.26k | 0.023% $ 2.2m | |
| Independent Non-Executive Chair | 11.7yrs | US$252.26k | 0.015% $ 1.5m | |
| Independent Trustee | 15.2yrs | US$232.26k | 0.031% $ 3.1m | |
| Independent Trustee | 12.7yrs | US$211.28k | 0.019% $ 1.8m | |
| Independent Trustee | 7.5yrs | US$231.05k | 0.012% $ 1.2m | |
| Independent Trustee | 14.9yrs | US$217.26k | 0.027% $ 2.7m | |
| Independent Director | 2.7yrs | US$205.89k | 0.0033% $ 321.5k | |
| Independent Director | 2.3yrs | US$203.72k | 0.0029% $ 287.4k |
11.7yrs
Average Tenure
61yo
Average Age
Experienced Board: CUBE's board of directors are seasoned and experienced ( 11.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 06:42 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
CubeSmart is covered by 31 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Milligan | Baird |
| Brendan Lynch | Barclays |
| Keegan Carl | Berenberg |