InterRent Real Estate Investment Trust

OTCPK:IIPZ.F Stock Report

Market Cap: US$1.3b

InterRent Real Estate Investment Trust Management

Management criteria checks 4/4

InterRent Real Estate Investment Trust's CEO is Brad Cutsey, appointed in Apr 2015, has a tenure of 9.08 years. total yearly compensation is CA$2.43M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth $45.66K. The average tenure of the management team and the board of directors is 4.9 years and 5.3 years respectively.

Key information

Brad Cutsey

Chief executive officer

CA$2.4m

Total compensation

CEO salary percentage30.8%
CEO tenure9.1yrs
CEO ownership0.004%
Management average tenure4.9yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brad Cutsey's remuneration changed compared to InterRent Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023CA$2mCA$750k

CA$92m

Sep 30 2023n/an/a

-CA$36m

Jun 30 2023n/an/a

CA$51m

Mar 31 2023n/an/a

CA$92m

Dec 31 2022CA$2mCA$717k

CA$104m

Sep 30 2022n/an/a

CA$304m

Jun 30 2022n/an/a

CA$376m

Mar 31 2022n/an/a

CA$360m

Dec 31 2021CA$935kCA$530k

CA$370m

Sep 30 2021n/an/a

CA$328m

Jun 30 2021n/an/a

CA$256m

Mar 31 2021n/an/a

CA$217m

Dec 31 2020CA$770kCA$500k

CA$151m

Sep 30 2020n/an/a

CA$358m

Jun 30 2020n/an/a

CA$395m

Mar 31 2020n/an/a

CA$409m

Dec 31 2019CA$905kCA$500k

CA$385m

Sep 30 2019n/an/a

CA$162m

Jun 30 2019n/an/a

CA$174m

Mar 31 2019n/an/a

CA$194m

Dec 31 2018CA$960kCA$400k

CA$168m

Sep 30 2018n/an/a

CA$168m

Jun 30 2018n/an/a

CA$198m

Mar 31 2018n/an/a

CA$181m

Dec 31 2017CA$914kCA$400k

CA$201m

Compensation vs Market: Brad's total compensation ($USD1.78M) is below average for companies of similar size in the US market ($USD5.72M).

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


CEO

Brad Cutsey (50 yo)

9.1yrs

Tenure

CA$2,431,500

Compensation

Mr. Bradley Cutsey, also known as Brad, CFA, has been the President at InterRent Real Estate Investment Trust since April 6, 2015 and also serves as Chief Executive Officer and Director since May 1, 2022....


Leadership Team

NamePositionTenureCompensationOwnership
Bradley Cutsey
President9.1yrsCA$2.43m0.0036%
CA$ 45.7k
Curt Millar
Chief Financial Officer15.3yrsCA$1.14m0.33%
CA$ 4.2m
Dave Nevins
Chief Operating Officer6.3yrsCA$989.64k0.23%
CA$ 3.0m
Asad Hanif
Vice President of Acquisitions3yrsCA$505.02kno data
Michael McGahan
Executive Chairman14.7yrsCA$1.63m2.42%
CA$ 31.1m
Will Chan
Chief Information Officerno datano datano data
Renee Wei
Director of Investor Relations & Sustainabilityno datano datano data
Chris Willoughby
Vice President of Marketing4.9yrsCA$234.00kno data
Catherine Hebert
Chief Talent Officer3.3yrsno datano data
Craig Stewart
Vice President of Financeno datano data0.028%
CA$ 355.4k

4.9yrs

Average Tenure

Experienced Management: IIPZ.F's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bradley Cutsey
President2yrsCA$2.43m0.0036%
CA$ 45.7k
Michael McGahan
Executive Chairman14.7yrsCA$1.63m2.42%
CA$ 31.1m
Ronald Leslie
Independent Trustee13yrsCA$135.00k0.048%
CA$ 614.2k
Jean-Louis Bellemare
Independent Trustee1.9yrsCA$105.00kno data
Paul Amirault
Independent Lead Trustee14yrsCA$135.00k0.084%
CA$ 1.1m
Cheryl Pangborn
Independent Trustee6.9yrsCA$130.00kno data
John Jussup
Independent Trustee5.3yrsCA$130.00kno data
Judy Hendriks
Independent Trustee1.9yrsCA$130.00kno data
Meghann O'Hara-Fraser
Independent Trusteeless than a yearCA$130.00kno data

5.3yrs

Average Tenure

59yo

Average Age

Experienced Board: IIPZ.F's board of directors are considered experienced (5.3 years average tenure).


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