Firm Capital Property Trust Management

Management criteria checks 4/4

Firm Capital Property Trust's CEO is Bob McKee, appointed in Jan 2012, has a tenure of 12.83 years. total yearly compensation is CA$512.63K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $617.54K. The average tenure of the management team and the board of directors is 12.8 years and 12.8 years respectively.

Key information

Bob McKee

Chief executive officer

CA$512.6k

Total compensation

CEO salary percentage	100.0%
CEO tenure	12.8yrs
CEO ownership	0.4%
Management average tenure	12.8yrs
Board average tenure	12.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bob McKee's remuneration changed compared to Firm Capital Property Trust's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CA$35m
Jun 30 2024	n/a	n/a	CA$23m
Mar 31 2024	n/a	n/a	CA$20m
Dec 31 2023	CA$513k	CA$513k	CA$15m
Sep 30 2023	n/a	n/a	CA$17m
Jun 30 2023	n/a	n/a	CA$25m
Mar 31 2023	n/a	n/a	-CA$1m
Dec 31 2022	CA$512k	CA$487k	-CA$1m
Sep 30 2022	n/a	n/a	-CA$3m
Jun 30 2022	n/a	n/a	CA$1m
Mar 31 2022	n/a	n/a	CA$54m
Dec 31 2021	CA$432k	CA$432k	CA$58m
Sep 30 2021	n/a	n/a	CA$65m
Jun 30 2021	n/a	n/a	CA$59m
Mar 31 2021	n/a	n/a	CA$31m
Dec 31 2020	CA$362k	CA$356k	CA$16m
Sep 30 2020	n/a	n/a	CA$23m
Jun 30 2020	n/a	n/a	CA$23m
Mar 31 2020	n/a	n/a	CA$28m
Dec 31 2019	CA$756k	CA$706k	CA$36m
Sep 30 2019	n/a	n/a	CA$18m
Jun 30 2019	n/a	n/a	CA$17m
Mar 31 2019	n/a	n/a	CA$12m
Dec 31 2018	CA$305k	CA$290k	CA$16m
Sep 30 2018	n/a	n/a	CA$18m
Jun 30 2018	n/a	n/a	CA$19m
Mar 31 2018	n/a	n/a	CA$20m
Dec 31 2017	CA$284k	CA$284k	CA$16m

Compensation vs Market: Bob's total compensation ($USD366.88K) is below average for companies of similar size in the US market ($USD1.46M).

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

CEO

Bob McKee (61 yo)

12.8yrs

Tenure

CA$512,630

Compensation

Mr. Robert McKee, also known as Bob, serves as the Chief Executive Officer and President of Firm Capital Property Trust. Mr. McKee has been Managing Director of Capital Realty Partners Inc. since October 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert McKee	President	12.8yrs	CA$512.63k	0.40% $ 617.5k
Eli Dadouch	Vice Chairman & Co-Chief Investment Officer	12.8yrs	no data	2.34% $ 3.6m
Sandy Poklar	CFO & Non-Independent Trustee	12.8yrs	CA$272.30k	0.39% $ 606.0k
Jonathan Mair	Co-Chief Investment Officer & Non-Independent Trustee	no data	no data	0.53% $ 820.6k
Victoria Granovski	Secretary & Trustee	3.8yrs	no data	0.015% $ 23.2k

12.8yrs

Average Tenure

Experienced Management: FRMU.F's management team is seasoned and experienced (12.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert McKee	President	12.8yrs	CA$512.63k	0.40% $ 617.5k
Eli Dadouch	Vice Chairman & Co-Chief Investment Officer	12.8yrs	no data	2.34% $ 3.6m
Sandy Poklar	CFO & Non-Independent Trustee	12.8yrs	CA$272.30k	0.39% $ 606.0k
Jonathan Mair	Co-Chief Investment Officer & Non-Independent Trustee	12.8yrs	no data	0.53% $ 820.6k
Victoria Granovski	Secretary & Trustee	6.3yrs	no data	0.015% $ 23.2k
Manfred Walt	Independent Trustee	12.8yrs	CA$58.00k	no data
Howard Smuschkowitz	Independent Trustee	12.8yrs	CA$58.00k	2.18% $ 3.4m
Geoffrey Bledin	Independent Trustee	12.8yrs	CA$58.00k	2.37% $ 3.7m
Stanley Goldfarb	Independent Chairman of the Board	12.8yrs	CA$62.88k	0.20% $ 307.7k
Lawrence Shulman	Independent Trustee	12.8yrs	CA$58.00k	0.31% $ 475.1k
Jeffrey Goldfarb	Independent Trustee	6.3yrs	CA$58.00k	0.072% $ 111.6k

12.8yrs

Average Tenure

70yo

Average Age

Experienced Board: FRMU.F's board of directors are seasoned and experienced ( 12.8 years average tenure).

Firm Capital Property Trust Management

Management criteria checks 4/4

Key information

Recent management updates

Firm Capital Property Trust, Annual General Meeting, Jun 20, 2024

Firm Capital Property Trust, Annual General Meeting, Jun 23, 2022

Recent updates

Firm Capital Property Trust Declares Monthly Distributions, Payable on or About August 15, 2024, September 16, 2024 and October 15, 2024, Respectively

Firm Capital Property Trust, Annual General Meeting, Jun 20, 2024

Firm Capital Property Trust (TSX:FCD.UN) along with unknown buyers acquired SunPark Parkhill Estates and SunPark Skyview Estates for $5.9 million.

An unknown buyer completed the acquisition of 39,420 square foot medical office building in Barrie, Ontario from Firm Capital Property Trust (TSX:FCD.UN).

An unknown buyer acquired 11,247 square foot retail property in Pembroke, Ontario from Firm Capital Property Trust for approximately $2.7 million.

Firm Capital Property Trust Declares Monthly Distributions, Payable on or About November 15, 2022, December 15, 2022 and January 16, 2023, Respectively

Firm Capital Property Trust has completed a Follow-on Equity Offering in the amount of CAD 20.022 million.

Firm Capital Property Trust announced that it expects to receive CAD 20.022 million in funding

Firm Capital Property Trust (TSX:FCD.UN) acquired 50% stake in Industrial Portfolio Located in Edmonton, Alberta for $18.2 million.

Firm Capital Property Trust, Annual General Meeting, Jun 23, 2022

Firm Capital Property Trust (TSXV:FCD.UN) and unknown buyers agreed to acquire Industrial Portfolio Located in Edmonton, Alberta for $36.5 million.

Firm Capital Property Trust (TSXV:FCD.UN) completed the acquisition of a Multi Residential Building Comprised of 135 Units in Pointe Claire, Quebec.

Firm Capital Property Trust (TSXV:FCD.UN) and others acquired Industrial Property located in Saint Laurent, QC for CAD 6.3 million.

Firm Capital Property Trust (TSXV:FCD.UN) completed the acquisition of Three Industrial Properties located in Ontario.

Firm Capital Property Trust and SunPark Communities, LP completed the acquisition of 242 units in Hidden Creek Condominium.

Firm Capital Property Trust agreed to acquire a 50% stake in Hidden Creek Condominium.

Firm Capital Property Trust has completed a Follow-on Equity Offering in the amount of CAD 25.004 million.

An unknown buyer acquired Four Retail Properties in Centre Ice Retail Portfolio from Firm Capital Property Trust (TSXV:FCD.UN) for CAD 11 million.

Firm Capital Property Trust (TSXV:FCD.UN) completed the acquisition of 128 Units in Two Multi-Residential Buildings Located in Edmonton, Alberta.

Firm Capital Property Trust (TSXV:FCD.UN) acquired 50% stake in Mountview Mobile Home Park from SunPark Communities, LP for CAD 8.5 million.

Firm Capital Property Trust Approves Monthly Distributions, Payable on or About May 17, 2021, June 15, 2021 and July 15, 2021, Respectively

An unknown buyer acquired Three Retail Properties in Ontario & Manitoba from Firm Capital Property Trust (TSXV:FCD.UN) for CAD 10.2 million.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age