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
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2017 | n/a | n/a | US$56m |
| Jun 30 2017 | n/a | n/a | US$50m |
| Mar 31 2017 | n/a | n/a | US$31m |
| Dec 31 2016 | US$7m | US$692k | US$17m |
| Sep 30 2016 | n/a | n/a | US$107m |
| Jun 30 2016 | n/a | n/a | US$117m |
| Mar 31 2016 | n/a | n/a | US$137m |
| Dec 31 2015 | US$7m | US$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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | US$13.83m | 1.16% $ 211.9m | |
| President & COO | 14.75yrs | US$6.05m | 0.12% $ 21.9m | |
| Executive VP of Special Projects | 14.75yrs | US$5.90m | 0.15% $ 26.5m | |
| Executive Vice President of Operations & Sales | no data | US$2.09m | 0.020% $ 3.7m | |
| Executive Vice President of Corporate Strategy & Business Development | 1.08yrs | US$3.13m | 0.015% $ 2.7m | |
| Executive VP & CFO | 0.50yr | no data | 0.015% $ 2.8m | |
| Executive VP & Chief Administrative Officer | 0.42yr | no data | 0.019% $ 3.5m | |
| Chief Executive Officer of Safe Harbor Marinas | no data | US$9.89m | 0.052% $ 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 29.83yrs | US$13.83m | 1.16% $ 211.9m | |
| Independent Director | 15.5yrs | US$379.85k | 0.017% $ 3.1m | |
| Independent Director | 7.83yrs | US$484.85k | 0.014% $ 2.6m | |
| Lead Independent Director | 28.92yrs | US$399.85k | 0.024% $ 4.4m | |
| Director | 26.08yrs | US$367.35k | 0.014% $ 2.6m | |
| Independent Director | 8.83yrs | US$379.85k | 0.017% $ 3.1m | |
| Independent Director | 5.33yrs | US$379.85k | 0.0098% $ 1.8m | |
| Independent Director | 1.67yrs | US$302.92k | 0.0026% $ 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).