Nova Net Lease REIT Management
Management criteria checks 2/4
Nova Net Lease REIT's CEO is James MacDonald, appointed in May 2022, has a tenure of 2.42 years. total yearly compensation is $262.50K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.26% of the company’s shares, worth $11.68K. The average tenure of the management team and the board of directors is 3.3 years and 2.9 years respectively.
Key information
James MacDonald
Chief executive officer
US$262.5k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.4yrs |
| CEO ownership | 1.3% |
| Management average tenure | 3.3yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$2m |
| Mar 31 2024 | n/a | n/a | -US$536k |
| Dec 31 2023 | US$263k | US$263k | US$2m |
| Sep 30 2023 | n/a | n/a | US$9m |
| Jun 30 2023 | n/a | n/a | US$7m |
| Mar 31 2023 | n/a | n/a | US$8m |
| Dec 31 2022 | US$188k | US$188k | US$8m |
Compensation vs Market: James's total compensation ($USD262.50K) is below average for companies of similar size in the US market ($USD661.09K).
Compensation vs Earnings: James's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
James MacDonald
2.4yrs
Tenure
US$262,500
Compensation
Mr. James Tyson MacDonald serves as Director of Information Systems and a Partner at Plainview Capital LLC. He served as an Executive Vice President of Corporate Development at Acreage Holdings, Inc. till...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.4yrs | US$262.50k | 1.26% $ 11.7k | |
| CFO & Executive VP | 3.3yrs | US$166.50k | 2.7% $ 25.0k | |
| Chief Investment Officer & Executive VP | 3.3yrs | US$166.50k | 1.02% $ 9.5k |
3.3yrs
Average Tenure
Experienced Management: NNLR.F's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chair of the Board | 3.3yrs | US$15.00k | 9.69% $ 89.7k | |
| Independent Trustee | 2.9yrs | US$17.50k | 2.69% $ 24.9k | |
| Independent Trustee | 2.3yrs | US$12.50k | 0.96% $ 8.8k | |
| Independent Trustee | 2.9yrs | US$15.00k | 2.63% $ 24.3k | |
| Independent Vice-Chair of the Board | 2.9yrs | US$15.00k | 6.17% $ 57.1k | |
| Independent Trustee | 3yrs | US$15.00k | 1.68% $ 15.6k | |
| Independent Trustee | 2.9yrs | US$12.50k | 2.56% $ 23.7k | |
| Special Advisor & Observer | no data | no data | no data |
2.9yrs
Average Tenure
67yo
Average Age
Experienced Board: NNLR.F's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.