Sun Communities Management

Management criteria checks 3/4

Sun Communities' CEO is Gary Shiffman, appointed in Dec 2022, has a tenure of 1.17 years. total yearly compensation is $14.97M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $134.17M. The average tenure of the management team and the board of directors is 1.7 years and 9.1 years respectively.

Key information

Gary Shiffman

Chief executive officer

US$15.0m

Total compensation

CEO salary percentage6.0%
CEO tenure1.2yrs
CEO ownership0.8%
Management average tenure1.7yrs
Board average tenure9.1yrs

Recent management updates

Recent updates

Sun Communities: Reversal Has Come

Dec 18

Safety, Growth And Income - Sun Communities Is A Top-Tier REIT

Nov 29

Sun Communities: Attractive Growth, But Valuation Creates A Risk

Nov 07

Sun Communities: UK Woes Present Opportunity For Long-Term Investors

Oct 17

Manufactured Housing: The Sun Will Rise Again

Aug 25

Sun Communities: A 'Buy" For The First Time In Almost A Year

Aug 19

Sun Communities: Solid Company In A Market With Growing Demand

Jun 01

Sun Communities: I'm Adding This 'Safe Harbor' REIT To My SWAN Portfolio

Feb 22

Sun Communities Q3 2022 Earnings Preview

Oct 23

Sun Communities declares $0.88 dividend

Sep 01

I Buy More As Sun Communities Falls

Aug 25

Sun Communities: Capitalizing On Affordable Housing And Recreational Opportunities

Aug 10

Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?

Jul 26
Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?

Sun Communities GAAP EPS of $0.61, revenue of $814.3M

Jul 25

Buying More: Beastly Growth On Sale At Sun Communities

May 11

Manufactured Housing: Affordable Prices For Elite REITs

Apr 18

Does Sun Communities (NYSE:SUI) Deserve A Spot On Your Watchlist?

Apr 14
Does Sun Communities (NYSE:SUI) Deserve A Spot On Your Watchlist?

Affordable Housing Dividends With Sun Communities

Mar 27

Sun Communities: A Fantastic REIT That Is Still A Little Too Rich For My Blood

Feb 20

Sun Communities: A Closer Look At The Top REIT In Manufactured Housing

Feb 08

Here's Why I Think Sun Communities (NYSE:SUI) Might Deserve Your Attention Today

Dec 27
Here's Why I Think Sun Communities (NYSE:SUI) Might Deserve Your Attention Today

Sun Communities: Park Holidays Acquisition Is A Key Positive

Dec 02

With EPS Growth And More, Sun Communities (NYSE:SUI) Is Interesting

Sep 26
With EPS Growth And More, Sun Communities (NYSE:SUI) Is Interesting

Sun Communities Is A High-Quality REIT

Sep 22

Brokers Are Upgrading Their Views On Sun Communities, Inc. (NYSE:SUI) With These New Forecasts

Jul 28
Brokers Are Upgrading Their Views On Sun Communities, Inc. (NYSE:SUI) With These New Forecasts

CEO Compensation Analysis

How has Gary Shiffman's remuneration changed compared to Sun Communities's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

US$226m

Jun 30 2023n/an/a

US$226m

Mar 31 2023n/an/a

US$210m

Dec 31 2022US$15mUS$900k

US$241m

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

Compensation vs Market: Gary's total compensation ($USD14.97M) is about average for companies of similar size in the US market ($USD12.07M).

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


CEO

Gary Shiffman (69 yo)

1.2yrs

Tenure

US$14,966,582

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

NamePositionTenureCompensationOwnership
Gary Shiffman
Chairman1.2yrsUS$14.97m0.81%
$ 134.2m
Fernando Castro-Caratini
Executive VP1.8yrsUS$2.69m0.029%
$ 4.9m
Bruce Thelen
Executive VP & COO1.2yrsUS$2.59m0.028%
$ 4.6m
Aaron Weiss
Executive Vice President of Corporate Strategy & Business Development2.3yrsUS$2.39m0.026%
$ 4.3m
John McLaren
Strategic Advisor of Residential Communities1.2yrsUS$5.54m0.12%
$ 19.8m
Marc Farrugia
Executive VP & Chief Administrative Officer1.7yrsno data0.022%
$ 3.6m
Baxter Underwood
Chief Executive Officer of Safe Harbor Marinas7.1yrsUS$9.89m0.054%
$ 8.9m

1.7yrs

Average Tenure

44yo

Average Age

Experienced Management: SUI's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gary Shiffman
Chairman31.1yrsUS$14.97m0.81%
$ 134.2m
Stephanie Bergeron
Independent Director16.8yrsUS$462.40k0.020%
$ 3.4m
Ronald Klein
Independent Director9.1yrsUS$567.40k0.014%
$ 2.3m
Clunet Lewis
Lead Independent Director30.2yrsUS$482.40k0.026%
$ 4.3m
Arthur Weiss
Director27.3yrsUS$449.90k0.10%
$ 16.8m
Brian Hermelin
Independent Director10.1yrsUS$462.40k0.020%
$ 3.4m
Jeff Blau
Independent Director1.1yrsno data0.0032%
$ 533.7k
Craig Leupold
Directorno datano datano data
Jerome Ehlinger
Directorno datano datano data
Meghan Baivier
Independent Director6.6yrsUS$462.40k0.013%
$ 2.2m
Tonya Allen
Independent Director3yrsUS$432.40k0.0058%
$ 962.6k

9.1yrs

Average Tenure

62yo

Average Age

Experienced Board: SUI's board of directors are considered experienced (9.1 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.