Sun Communities Management
Management criteria checks 3/4
Sun Communities' CEO is Gary Shiffman, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is $10.95M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.8% of the company’s shares, worth $120.58M. The average tenure of the management team and the board of directors is 1.8 years and 9.3 years respectively.
Key information
Gary Shiffman
Chief executive officer
US$10.9m
Total compensation
| CEO salary percentage | 8.2% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.8% |
| Management average tenure | 1.8yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Sun Communities: Growth At A High Price
Mar 05Sun Communities: Reversal Has Come
Dec 18Safety, Growth And Income - Sun Communities Is A Top-Tier REIT
Nov 29Sun Communities: Attractive Growth, But Valuation Creates A Risk
Nov 07Sun Communities: UK Woes Present Opportunity For Long-Term Investors
Oct 17Manufactured Housing: The Sun Will Rise Again
Aug 25Sun Communities: A 'Buy" For The First Time In Almost A Year
Aug 19Sun Communities: Solid Company In A Market With Growing Demand
Jun 01Sun Communities: I'm Adding This 'Safe Harbor' REIT To My SWAN Portfolio
Feb 22Sun Communities Q3 2022 Earnings Preview
Oct 23Sun Communities declares $0.88 dividend
Sep 01I Buy More As Sun Communities Falls
Aug 25Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities
Aug 10Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?
Jul 26
Sun Communities GAAP EPS of $0.61, revenue of $814.3M
Jul 25Buying More: Beastly Growth On Sale At Sun Communities
May 11Manufactured Housing: Affordable Prices For Elite REITs
Apr 18Does Sun Communities (NYSE:SUI) Deserve A Spot On Your Watchlist?
Apr 14Affordable Housing Dividends With Sun Communities
Mar 27Sun Communities: A Fantastic REIT That Is Still A Little Too Rich For My Blood
Feb 20Sun Communities: A Closer Look At The Top REIT In Manufactured Housing
Feb 08Here's Why I Think Sun Communities (NYSE:SUI) Might Deserve Your Attention Today
Dec 27Sun Communities: Park Holidays Acquisition Is A Key Positive
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$11m | US$900k | -US$211m |
| Sep 30 2023 | n/a | n/a | US$226m |
| Jun 30 2023 | n/a | n/a | US$226m |
| Mar 31 2023 | n/a | n/a | US$210m |
| Dec 31 2022 | US$15m | US$900k | US$241m |
| Sep 30 2022 | n/a | n/a | US$249m |
| Jun 30 2022 | n/a | n/a | US$317m |
| Mar 31 2022 | n/a | n/a | US$354m |
| Dec 31 2021 | US$14m | US$852k | US$378m |
| Sep 30 2021 | n/a | n/a | US$373m |
| Jun 30 2021 | n/a | n/a | US$223m |
| Mar 31 2021 | n/a | n/a | US$171m |
| Dec 31 2020 | US$11m | US$521k | US$131m |
| Sep 30 2020 | n/a | n/a | US$152m |
| Jun 30 2020 | n/a | n/a | US$128m |
| Mar 31 2020 | n/a | n/a | US$109m |
| Dec 31 2019 | US$8m | US$692k | US$159m |
| Sep 30 2019 | n/a | n/a | US$140m |
| Jun 30 2019 | n/a | n/a | US$129m |
| Mar 31 2019 | n/a | n/a | US$109m |
| Dec 31 2018 | US$9m | US$692k | US$105m |
| Sep 30 2018 | n/a | n/a | US$103m |
| Jun 30 2018 | n/a | n/a | US$81m |
| Mar 31 2018 | n/a | n/a | US$73m |
| Dec 31 2017 | US$13m | US$692k | US$65m |
Compensation vs Market: Gary's total compensation ($USD10.95M) is about average for companies of similar size in the US market ($USD13.05M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
CEO
Gary Shiffman (69 yo)
1.3yrs
Tenure
US$10,946,746
Compensation
Mr. Gary A. Shiffman is President of Sun Communities, Inc. from December 31, 2022,. He has been the Secretary of Bingham Financial Services Corp. since 1997 and as its Chairman of the Board since August 19...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.3yrs | US$10.95m | 0.80% $ 120.6m | |
| Executive VP | 1.9yrs | US$3.40m | 0.040% $ 6.0m | |
| Executive VP & COO | 1.3yrs | US$3.12m | 0.040% $ 6.0m | |
| Executive VP & Chief Administrative Officer | 1.8yrs | US$2.04m | 0.032% $ 4.9m | |
| Executive Vice President of Corporate Strategy & Business Development | 2.5yrs | US$2.82m | 0.038% $ 5.7m | |
| Chief Executive Officer of Safe Harbor Marinas | 7.3yrs | US$9.89m | 0.053% $ 8.0m | |
| Strategic Advisor of Residential Communities | 1.3yrs | US$5.54m | 0% $ 0 |
1.8yrs
Average Tenure
44yo
Average Age
Experienced Management: SUI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 31.3yrs | US$10.95m | 0.80% $ 120.6m | |
| Independent Director | 16.9yrs | US$423.74k | 0.020% $ 3.0m | |
| Independent Director | 9.3yrs | US$428.74k | 0.014% $ 2.1m | |
| Lead Independent Director | 30.3yrs | US$482.40k | 0.023% $ 3.4m | |
| Director | 27.5yrs | US$449.90k | 0.14% $ 20.5m | |
| Independent Director | 10.3yrs | US$462.40k | 0.020% $ 3.0m | |
| Independent Director | 1.3yrs | US$370.91k | 0.0032% $ 484.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 6.8yrs | US$423.74k | 0.013% $ 2.0m | |
| Independent Director | 3.2yrs | US$432.40k | 0.0058% $ 871.9k |
9.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: SUI's board of directors are considered experienced (9.3 years average tenure).