Killam Apartment REIT

OTCPK:KMMP.F Stock Report

Market Cap: US$1.5b

Killam Apartment REIT Management

Management criteria checks 4/4

Killam Apartment REIT's CEO is Philip Fraser, appointed in May 2000, has a tenure of 23.92 years. total yearly compensation is CA$2.63M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.44% of the company’s shares, worth $6.78M. The average tenure of the management team and the board of directors is 9.6 years and 10.1 years respectively.

Key information

Philip Fraser

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage27.0%
CEO tenure23.9yrs
CEO ownership0.4%
Management average tenure9.6yrs
Board average tenure10.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Philip Fraser's remuneration changed compared to Killam Apartment REIT's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023CA$3mCA$710k

CA$266m

Sep 30 2023n/an/a

CA$257m

Jun 30 2023n/an/a

CA$192m

Mar 31 2023n/an/a

CA$146m

Dec 31 2022CA$2mCA$690k

CA$123m

Sep 30 2022n/an/a

CA$207m

Jun 30 2022n/an/a

CA$250m

Mar 31 2022n/an/a

CA$318m

Dec 31 2021CA$2mCA$680k

CA$286m

Sep 30 2021n/an/a

CA$259m

Jun 30 2021n/an/a

CA$250m

Mar 31 2021n/an/a

CA$135m

Dec 31 2020CA$2mCA$650k

CA$146m

Sep 30 2020n/an/a

CA$224m

Jun 30 2020n/an/a

CA$234m

Mar 31 2020n/an/a

CA$295m

Dec 31 2019CA$2mCA$650k

CA$284m

Sep 30 2019n/an/a

CA$201m

Jun 30 2019n/an/a

CA$181m

Mar 31 2019n/an/a

CA$133m

Dec 31 2018CA$2mCA$650k

CA$175m

Sep 30 2018n/an/a

CA$169m

Jun 30 2018n/an/a

CA$156m

Mar 31 2018n/an/a

CA$156m

Dec 31 2017CA$2mCA$600k

CA$105m

Compensation vs Market: Philip's total compensation ($USD1.93M) is below average for companies of similar size in the US market ($USD5.66M).

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


CEO

Philip Fraser (61 yo)

23.9yrs

Tenure

CA$2,631,541

Compensation

Mr. Philip D. Fraser, B.Comm, MURP, MBA, has been Chief Executive Officer and Founding President at Killam Apartment Real Estate Investment Trust since May 2000 and serves as a Trustee since May 26, 2000....


Leadership Team

NamePositionTenureCompensationOwnership
Philip Fraser
President23.9yrsCA$2.63m0.44%
CA$ 6.8m
Dale Noseworthy
Chief Financial Officer7yrsCA$859.46k0.049%
CA$ 751.6k
Robert Richardson
Executive VP & Trusteeno dataCA$1.31m0.14%
CA$ 2.1m
Ruth Buckle-McIntosh
Senior Vice President of Property Management20.9yrsCA$832.70k0.058%
CA$ 902.9k
Michael McLean
Senior Vice President of Development4.4yrsCA$760.14k0.041%
CA$ 632.6k
Brian Jessop
Vice President of Operationsno datano data0.0057%
CA$ 87.8k
Claire Hawksworth
Manager of Investor Relations & Sustainability1.8yrsno datano data
Jeremy Jackson
Vice President of Marketing & Government Relations18.4yrsno data0.025%
CA$ 386.8k
Colleen McCarville
Vice President of Human Resources9.6yrsno data0.028%
CA$ 434.4k
Erin Cleveland
Senior Vice President of Financeno datano data0.031%
CA$ 474.6k
Joe MacDougall
Manager of Acquisitions3.3yrsno datano data
Ronald Barron
Corporate Secretary24.3yrsno datano data

9.6yrs

Average Tenure

Experienced Management: KMMP.F's management team is seasoned and experienced (9.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Philip Fraser
President23.9yrsCA$2.63m0.44%
CA$ 6.8m
Robert Richardson
Executive VP & Trustee23.9yrsCA$1.31m0.14%
CA$ 2.1m
Manfred Walt
Independent Trustee16.9yrsCA$101.67k0.055%
CA$ 852.1k
A. McGregor
Independent Trustee2.9yrsCA$105.36k0.050%
CA$ 773.0k
James Lawley
Independent Trustee23.9yrsCA$81.50k0.58%
CA$ 8.9m
Robert Kay
Independent Non-Executive Chairman of the Board22.2yrsCA$125.00kno data
Aldéa M. Landry
Independent Trustee6.5yrsCA$105.41k0.017%
CA$ 259.8k
Shant Poladian
Independent Trusteeless than a yearCA$44.46k0.0042%
CA$ 65.2k
Karine MacIndoe
Independent Trustee10.1yrsCA$125.00k0.049%
CA$ 757.0k
Andree Savoie
Independent Trusteeless than a yearCA$44.46kno data
Laurie MacKeigan
Independent Trustee3.9yrsCA$99.50k0.0034%
CA$ 53.0k

10.1yrs

Average Tenure

62.5yo

Average Age

Experienced Board: KMMP.F's board of directors are seasoned and experienced ( 10.1 years average tenure).


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