H&R Real Estate Investment Trust

OTCPK:HRUF.F Stock Report

Market Cap: US$1.8b

H&R Real Estate Investment Trust Management

Management criteria checks 2/4

H&R Real Estate Investment Trust's CEO is Tom Hofstedter, appointed in Dec 1996, has a tenure of 27.33 years. total yearly compensation is CA$4.52M, comprised of 26.6% salary and 73.4% bonuses, including company stock and options. directly owns 1.43% of the company’s shares, worth $26.44M. The average tenure of the management team and the board of directors is 3.1 years and 2.8 years respectively.

Key information

Tom Hofstedter

Chief executive officer

CA$4.5m

Total compensation

CEO salary percentage26.6%
CEO tenure27.3yrs
CEO ownership1.4%
Management average tenure3.1yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Hofstedter's remuneration changed compared to H&R Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

CA$62m

Sep 30 2023n/an/a

-CA$43m

Jun 30 2023n/an/a

-CA$202m

Mar 31 2023n/an/a

-CA$30m

Dec 31 2022CA$5mCA$1m

CA$845m

Sep 30 2022n/an/a

CA$1b

Jun 30 2022n/an/a

CA$1b

Mar 31 2022n/an/a

CA$1b

Dec 31 2021CA$4mCA$1m

CA$598m

Sep 30 2021n/an/a

CA$501m

Jun 30 2021n/an/a

CA$614m

Mar 31 2021n/an/a

CA$555m

Dec 31 2020CA$4mCA$1m

-CA$625m

Sep 30 2020n/an/a

-CA$573m

Jun 30 2020n/an/a

-CA$751m

Mar 31 2020n/an/a

-CA$678m

Dec 31 2019CA$4mCA$1m

CA$340m

Sep 30 2019n/an/a

CA$238m

Jun 30 2019n/an/a

CA$274m

Mar 31 2019n/an/a

CA$273m

Dec 31 2018CA$4mCA$1m

CA$338m

Sep 30 2018n/an/a

CA$602m

Jun 30 2018n/an/a

CA$575m

Mar 31 2018n/an/a

CA$620m

Dec 31 2017CA$4mCA$1m

CA$668m

Compensation vs Market: Tom's total compensation ($USD3.31M) is below average for companies of similar size in the US market ($USD5.66M).

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

CEO

Tom Hofstedter (69 yo)

27.3yrs

Tenure

CA$4,516,000

Compensation

Mr. Thomas J. Hofstedter, also known as Tom, is Trustee of Lantower Residential Real Estate Development Trust (No. 1) from February 12, 2024. Mr. Hofstedter served as the President of H&R Real Estate Inves...

Leadership Team

NamePositionTenureCompensationOwnership
Thomas Hofstedter
CEO & Executive Chairman27.3yrsCA$4.52m1.43%
CA$ 26.4m
Larry Froom
Chief Financial Officer17.6yrsCA$2.71m0.056%
CA$ 1.0m
Robyn Kestenberg
Executive Vice President of Office & Industrial2.5yrsCA$1.80m0.046%
CA$ 849.7k
Emily Watson
Chief Operating Officer of Lantower Residential2.5yrsCA$1.02m0.00034%
CA$ 6.3k
Blair Kundell
Executive Vice President of Operations3.8yrsno data0.00088%
CA$ 16.3k
Cheryl Fried
Executive Vice President of Finance10.3yrsCA$521.00kno data
Brenda Huggins
Senior Vice President of Human Resources of Primarisno datano datano data
Colleen Grahn
President of Property Management- Lantower Residential2.5yrsno datano data
Matthew Kingston
Executive Vice President of Development & Construction2.5yrsno datano data
Audrey Craig
Executive Vice President of Accounting - Lantower Residentialno datano datano data
Hunter Webb
Executive Vice President of Development - Lantower Residentialno datano datano data
Tony Duplisse
Executive Vice President of Portfolio Management - Lantower Residentialno datano datano data

3.1yrs

Average Tenure

58yo

Average Age

Experienced Management: HRUF.F's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Thomas Hofstedter
CEO & Executive Chairman28.3yrsCA$4.52m1.43%
CA$ 26.4m
Sandor Hofstedter
Honorary Chairmanno datano datano data
Juli Morrow
Non-Independent Trustee6.8yrsCA$120.00k0.012%
CA$ 222.0k
Donald Clow
Independent Lead Trustee1.1yrsno data0.012%
CA$ 229.5k
Marvin Rubner
Independent Trustee3.8yrsCA$165.00kno data
Shimshon Gross
Independent Director2.8yrsCA$175.00k0.0024%
CA$ 44.6k
Leonard Abramsky
Independent Trusteeless than a yearno data0.0076%
CA$ 141.3k
Brenna Haysom
Independent Trustee3.8yrsCA$165.00k0.0084%
CA$ 156.3k
Lindsay Brand
Independent Trusteeless than a yearno data0.00048%
CA$ 8.9k
Jennifer Chasson
Independent Director2.8yrsCA$175.00k0.00087%
CA$ 16.1k
Mark Cowie
Independent Director2.8yrsCA$165.00k0.034%
CA$ 621.3k

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: HRUF.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

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