Morguard Real Estate Investment Trust Management
Management criteria checks 4/4
Morguard Real Estate Investment Trust's CEO is Kuldip Sahi, appointed in Jul 2001, has a tenure of 22.83 years. total yearly compensation is CA$100.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.9% of the company’s shares, worth $4.74M. The average tenure of the management team and the board of directors is 13.5 years and 5 years respectively.
Key information
Kuldip Sahi
Chief executive officer
CA$100.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 22.8yrs |
| CEO ownership | 1.9% |
| Management average tenure | 13.5yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -CA$106m |
| Dec 31 2023 | CA$100k | CA$100k | -CA$74m |
| Sep 30 2023 | n/a | n/a | -CA$142m |
| Jun 30 2023 | n/a | n/a | -CA$161m |
| Mar 31 2023 | n/a | n/a | -CA$131m |
| Dec 31 2022 | CA$100k | CA$100k | -CA$86m |
| Sep 30 2022 | n/a | n/a | CA$8m |
| Jun 30 2022 | n/a | n/a | CA$73m |
| Mar 31 2022 | n/a | n/a | CA$40m |
| Dec 31 2021 | CA$100k | CA$100k | CA$5m |
| Sep 30 2021 | n/a | n/a | -CA$62m |
| Jun 30 2021 | n/a | n/a | -CA$157m |
| Mar 31 2021 | n/a | n/a | -CA$250m |
| Dec 31 2020 | CA$100k | CA$100k | -CA$357m |
| Sep 30 2020 | n/a | n/a | -CA$293m |
| Jun 30 2020 | n/a | n/a | -CA$199m |
| Mar 31 2020 | n/a | n/a | -CA$105m |
| Dec 31 2019 | CA$100k | CA$100k | CA$15m |
| Sep 30 2019 | n/a | n/a | CA$25m |
| Jun 30 2019 | n/a | n/a | CA$24m |
| Mar 31 2019 | n/a | n/a | CA$72m |
| Dec 31 2018 | CA$100k | CA$100k | CA$73m |
| Sep 30 2018 | n/a | n/a | CA$58m |
| Jun 30 2018 | n/a | n/a | CA$38m |
| Mar 31 2018 | n/a | n/a | CA$47m |
| Dec 31 2017 | CA$100k | CA$100k | CA$67m |
Compensation vs Market: Kuldip's total compensation ($USD73.06K) is below average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Kuldip's compensation has been consistent with company performance over the past year.
CEO
Kuldip Sahi (76 yo)
22.8yrs
Tenure
CA$100,000
Compensation
Mr. Kuldip Rai Sahi, FCA, FCPA, FCGA, has been the Chief Executive Officer of Morguard Real Estate Investment Trust since July 31, 2001 and has been its President since October 21, 2005 and has been its Tr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 22.8yrs | CA$100.00k | 1.9% CA$ 4.7m | |
| Chief Financial Officer | 5.5yrs | CA$244.04k | 0.0070% CA$ 17.5k | |
| Senior VP | no data | no data | 0.012% CA$ 30.3k | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President | no data | no data | 0.013% CA$ 32.3k | |
| Director of Asset Management | no data | no data | no data | |
| Director of Asset Management - Retail | 13.5yrs | no data | no data |
13.5yrs
Average Tenure
Experienced Management: MGRU.F's management team is seasoned and experienced (13.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.5yrs | CA$100.00k | 1.9% CA$ 4.7m | |
| Lead Independent Trustee | 6yrs | CA$50.00k | 0.019% CA$ 48.6k | |
| Independent Director | 4yrs | CA$41.00k | no data | |
| Independent Trustee | 10yrs | CA$46.50k | 0.0075% CA$ 18.7k | |
| Independent Director | 4yrs | CA$40.00k | 0.014% CA$ 35.0k | |
| Non-Independent Director | less than a year | CA$131.98k | no data |
5.0yrs
Average Tenure
68yo
Average Age
Experienced Board: MGRU.F's board of directors are considered experienced (5 years average tenure).