Sun Communities Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Gary Shiffman (68 yo)

29.83yrs

Tenure

US$13,828,288

Compensation

Mr. Gary A. Shiffman has been the Secretary of Bingham Financial Services Corp. since 1997 and as its Chairman of the Board since August 1996. Mr. Shiffman has been a Non-Executive Director at Ingenia Comm...


CEO Compensation Analysis

How has Gary Shiffman's remuneration changed compared to Sun Communities's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$249m

Jun 30 2022n/an/a

US$317m

Mar 31 2022n/an/a

US$354m

Dec 31 2021US$14mUS$852k

US$378m

Sep 30 2021n/an/a

US$373m

Jun 30 2021n/an/a

US$223m

Mar 31 2021n/an/a

US$171m

Dec 31 2020US$11mUS$521k

US$131m

Sep 30 2020n/an/a

US$152m

Jun 30 2020n/an/a

US$128m

Mar 31 2020n/an/a

US$109m

Dec 31 2019US$8mUS$692k

US$159m

Sep 30 2019n/an/a

US$140m

Jun 30 2019n/an/a

US$129m

Mar 31 2019n/an/a

US$109m

Dec 31 2018US$9mUS$692k

US$105m

Sep 30 2018n/an/a

US$103m

Jun 30 2018n/an/a

US$81m

Mar 31 2018n/an/a

US$73m

Dec 31 2017US$13mUS$692k

US$65m

Sep 30 2017n/an/a

US$56m

Jun 30 2017n/an/a

US$50m

Mar 31 2017n/an/a

US$31m

Dec 31 2016US$7mUS$692k

US$17m

Sep 30 2016n/an/a

US$107m

Jun 30 2016n/an/a

US$117m

Mar 31 2016n/an/a

US$137m

Dec 31 2015US$7mUS$692k

US$136m

Compensation vs Market: Gary's total compensation ($USD13.83M) is about average for companies of similar size in the US market ($USD12.88M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Gary Shiffman
Chairman & CEOno dataUS$13.83m1.16%
$ 211.9m
John McLaren
President & COO14.75yrsUS$6.05m0.12%
$ 21.9m
Karen Dearing
Executive VP of Special Projects14.75yrsUS$5.90m0.15%
$ 26.5m
Bruce Thelen
Executive Vice President of Operations & Salesno dataUS$2.09m0.020%
$ 3.7m
Aaron Weiss
Executive Vice President of Corporate Strategy & Business Development1.08yrsUS$3.13m0.015%
$ 2.7m
Fernando Castro-Caratini
Executive VP & CFO0.50yrno data0.015%
$ 2.8m
Marc Farrugia
Executive VP & Chief Administrative Officer0.42yrno data0.019%
$ 3.5m
Baxter Underwood
Chief Executive Officer of Safe Harbor Marinasno dataUS$9.89m0.052%
$ 9.6m

1.1yrs

Average Tenure

48yo

Average Age

Experienced Management: SUI's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gary Shiffman
Chairman & CEO29.83yrsUS$13.83m1.16%
$ 211.9m
Stephanie Bergeron
Independent Director15.5yrsUS$379.85k0.017%
$ 3.1m
Ronald Klein
Independent Director7.83yrsUS$484.85k0.014%
$ 2.6m
Clunet Lewis
Lead Independent Director28.92yrsUS$399.85k0.024%
$ 4.4m
Arthur Weiss
Director26.08yrsUS$367.35k0.014%
$ 2.6m
Brian Hermelin
Independent Director8.83yrsUS$379.85k0.017%
$ 3.1m
Meghan Baivier
Independent Director5.33yrsUS$379.85k0.0098%
$ 1.8m
Tonya Allen
Independent Director1.67yrsUS$302.92k0.0026%
$ 473.5k

12.2yrs

Average Tenure

66yo

Average Age

Experienced Board: SUI's board of directors are seasoned and experienced ( 12.2 years average tenure).