In 2009 Don Clow was appointed CEO of Crombie Real Estate Investment Trust (TSE:CRR.UN). First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the business growth. Third, we'll reflect on the total return to shareholders over three years, as a second measure of business performance. This process should give us an idea about how appropriately the CEO is paid.
How Does Don Clow's Compensation Compare With Similar Sized Companies?
Our data indicates that Crombie Real Estate Investment Trust is worth CA$2.2b, and total annual CEO compensation is CA$2.2m. (This is based on the year to December 2017). While we always look at total compensation first, we note that the salary component is less, at CA$630k. When we examined a selection of companies with market caps ranging from CA$1.3b to CA$4.3b, we found the median CEO total compensation was CA$3.1m.
So Don Clow receives a similar amount to the median CEO pay, amongst the companies we looked at. While this data point isn't particularly informative alone, it gains more meaning when considered with business performance.
You can see, below, how CEO compensation at Crombie Real Estate Investment Trust has changed over time.
Is Crombie Real Estate Investment Trust Growing?
Crombie Real Estate Investment Trust has increased its earnings per share (EPS) by an average of 9.0% a year, over the last three years (using a line of best fit). Revenue was pretty flat on last year.
I'd prefer higher revenue growth, but the modest improvement in EPS is good. It's clear the performance has been quite decent, but it it falls short of outstanding,based on this information. Shareholders might be interested in this free visualization of analyst forecasts.
Has Crombie Real Estate Investment Trust Been A Good Investment?
Crombie Real Estate Investment Trust has served shareholders reasonably well, with a total return of 25% over three years. But they probably don't want to see the CEO paid more than is normal for companies around the same size.
Remuneration for Don Clow is close enough to the median pay for a CEO of a similar sized company .
We see room for improved growth, as well as fairly unremarkable returns over the last three years. But we don't think the CEO compensation is a problem. If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Crombie Real Estate Investment Trust.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
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