First Capital Real Estate Investment Trust

OTCPK:FCXX.F Stock Report

Market Cap: US$2.7b

First Capital Real Estate Investment Trust Management

Management criteria checks 4/4

First Capital Real Estate Investment Trust's CEO is Adam Paul, appointed in Feb 2015, has a tenure of 9.75 years. total yearly compensation is CA$4.82M, comprised of 18.7% salary and 81.3% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $5.74M. The average tenure of the management team and the board of directors is 3.8 years and 4.4 years respectively.

Key information

Adam Paul

Chief executive officer

CA$4.8m

Total compensation

CEO salary percentage18.7%
CEO tenure9.8yrs
CEO ownership0.2%
Management average tenure3.8yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Adam Paul's remuneration changed compared to First Capital Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$347m

Jun 30 2024n/an/a

-CA$62m

Mar 31 2024n/an/a

-CA$108m

Dec 31 2023CA$5mCA$900k

-CA$134m

Sep 30 2023n/an/a

-CA$265m

Jun 30 2023n/an/a

-CA$143m

Mar 31 2023n/an/a

-CA$156m

Dec 31 2022CA$5mCA$900k

-CA$160m

Sep 30 2022n/an/a

-CA$174m

Jun 30 2022n/an/a

CA$213m

Mar 31 2022n/an/a

CA$467m

Dec 31 2021CA$5mCA$850k

CA$460m

Sep 30 2021n/an/a

CA$469m

Jun 30 2021n/an/a

CA$299m

Mar 31 2021n/an/a

CA$97m

Dec 31 2020CA$4mCA$850k

CA$3m

Sep 30 2020n/an/a

CA$158m

Jun 30 2020n/an/a

CA$212m

Mar 31 2020n/an/a

CA$283m

Dec 31 2019CA$4mCA$800k

CA$401m

Sep 30 2019n/an/a

CA$273m

Jun 30 2019n/an/a

CA$339m

Mar 31 2019n/an/a

CA$340m

Dec 31 2018CA$4mCA$800k

CA$344m

Sep 30 2018n/an/a

CA$354m

Jun 30 2018n/an/a

CA$306m

Mar 31 2018n/an/a

CA$495m

Dec 31 2017CA$3mCA$800k

CA$633m

Compensation vs Market: Adam's total compensation ($USD3.45M) is below average for companies of similar size in the US market ($USD6.60M).

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

CEO

Adam Paul (49 yo)

9.8yrs

Tenure

CA$4,823,500

Compensation

Mr. Adam E. Paul, C.P.A. C.A. has been the Chief Executive Officer and President of First Capital Real Estate Investment Trust since February 16, 2015. Prior to joining First Capital REIT in February 2015,...

Leadership Team

NamePositionTenureCompensationOwnership
Adam Paul
President9.8yrsCA$4.82m0.21%
$ 5.7m
Neil William Downey
Executive VP of Enterprise Strategies & CFO3.8yrsCA$1.89m0.033%
$ 898.2k
Jordan Robins
Executive VP & COO8.4yrsCA$2.15m0.049%
$ 1.3m
Alison Harnick
Senior VP7.1yrsCA$997.80k0.0048%
$ 129.3k
Carmine Francella
Senior Vice President of Real Estate Services8.8yrsCA$1.23m0.0090%
$ 243.5k
Jeff Farbman
Vice President of Investments1.7yrsno datano data
Matt Silcoff
Vice President of Investmentsno datano datano data
Elle Agourias
Chief Accounting Officerno datano datano data
Simon Streeter
Chief Information Officer2.7yrsno datano data
Ryan Ng
Head of Finance & Treasury1.1yrsno datano data
Michele Walkau
Senior Vice President of Brand & Cultureno datano data0.0014%
$ 39.0k
Melissa Ferrato
Vice President of ESG1.7yrsno datano data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Management: FCXX.F's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Adam Paul
President9.8yrsCA$4.82m0.21%
$ 5.7m
Aladin Mawani
Independent Trustee6.5yrsCA$187.50k0.014%
$ 388.5k
Richard Nesbitt
Independent Trustee1.8yrsCA$143.94kno data
Paul Douglas
Independent Chairman of the Board5.4yrsCA$264.21k0.038%
$ 1.0m
Annalisa King
Independent Trustee8yrsCA$180.00k0.0069%
$ 186.4k
Sheila Botting
Independent Trustee3.4yrsCA$170.00k0.0062%
$ 168.3k
Ira Gluskin
Independent Trustee1.8yrsCA$151.06k0.087%
$ 2.4m
Ian L. Clarke
Independent Trustee3.4yrsCA$175.00k0.0046%
$ 124.2k
Leonard Abramsky
Independent Trustee5.4yrsCA$170.00k0.039%
$ 1.1m
Dayna Gibbs
Independent Trustee1.6yrsCA$122.83k0.0047%
$ 127.4k

4.4yrs

Average Tenure

63.5yo

Average Age

Experienced Board: FCXX.F's board of directors are considered experienced (4.4 years average tenure).