Killam Apartment REIT

OTCPK:KMMP.F Stock Report

Market Cap: US$1.6b

Killam Apartment REIT Management

Management criteria checks 3/4

Killam Apartment REIT's CEO is Philip Fraser, appointed in May 2000, has a tenure of 26.17 years. total yearly compensation is CA$2.94M, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $7.53M. The average tenure of the management team and the board of directors is 6.7 years and 5.7 years respectively.

Key information

Philip Fraser

Chief executive officer

CA$2.9m

Total compensation

CEO salary percentage25.84%
CEO tenure26.2yrs
CEO ownership0.5%
Management average tenure6.7yrs
Board average tenure5.7yrs

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
Mar 31 2026n/an/a

-CA$22m

Dec 31 2025CA$3mCA$760k

CA$29m

Sep 30 2025n/an/a

CA$540m

Jun 30 2025n/an/a

CA$561m

Mar 31 2025n/an/a

CA$643m

Dec 31 2024CA$3mCA$750k

CA$668m

Sep 30 2024n/an/a

CA$304m

Jun 30 2024n/an/a

CA$310m

Mar 31 2024n/an/a

CA$310m

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

Compensation vs Market: Philip's total compensation ($USD2.08M) is below average for companies of similar size in the US market ($USD5.17M).

Compensation vs Earnings: Philip's compensation has increased whilst the company is unprofitable.

CEO

Philip Fraser (64 yo)

26.2yrs
Tenure
CA$2,940,855
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
President26.2yrsCA$2.94m0.46%
$ 7.5m
Dale Noseworthy
Chief Financial Officer9.3yrsCA$1.07m0.055%
$ 886.8k
Robert Richardson
Executive VP & Trusteeno dataCA$1.50m0.15%
$ 2.5m
Ruth Buckle-McIntosh
Senior Vice President of Property Management23.2yrsCA$938.54k0.048%
$ 786.2k
Michael McLean
Senior Vice President of Development6.7yrsCA$880.88k0.048%
$ 779.7k
Claire Hawksworth
Senior Manager of Investor Relations4.1yrsno datano data
Nick Harris
Senior Director of Human Resourcesless than a yearno datano data
Erin Cleveland
Senior Vice President of Financeno datano data0.038%
$ 622.2k
Colleen McCarville
Senior Vice President of Corporate Servicesless than a yearno data0.034%
$ 548.1k
Joe MacDougall
Manager of Acquisitions5.5yrsno datano data
Ronald Barron
Corporate Secretary26.5yrsno datano data
6.7yrs
Average Tenure

Experienced Management: KMMP.F's management team is seasoned and experienced (6.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Philip Fraser
President26.2yrsCA$2.94m0.46%
$ 7.5m
Robert Richardson
Executive VP & Trustee26.2yrsCA$1.50m0.15%
$ 2.5m
A. McGregor
Independent Trustee5.2yrsCA$127.50k0.066%
$ 1.1m
James Lawley
Independent Chair of the Board26.2yrsCA$150.00k0.60%
$ 9.7m
Shant Poladian
Independent Trustee3yrsCA$110.00k0.0042%
$ 67.5k
Karine MacIndoe
Independent Trustee2.3yrsCA$125.00k0.048%
$ 781.2k
Andree Savoie
Independent Trustee3yrsCA$107.50k0.0043%
$ 70.2k
Laurie MacKeigan
Independent Trustee6.2yrsCA$117.50k0.0040%
$ 65.7k
5.7yrs
Average Tenure
64yo
Average Age

Experienced Board: KMMP.F's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/28 02:07
End of Day Share Price 2026/07/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Killam Apartment REIT is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sairam SrinivasATB Cormark
Michael MarkidisBMO Capital Markets Equity Research
Tom CallaghanBMO Capital Markets Equity Research