Granite Real Estate Investment Trust (GRP-UN)

50.83 -0.30 (-0.58%) At close: 03:45PM EDT

Granite Real Estate Investment Trust

Toronto-Dominion Centre
77 King Street West Suite 4010 P.O. Box 159
Toronto, ON M5K 1H1
Canada
647 925 7500
https://www.granitereit.com

Sector(s): Real Estate
Industry: REIT - Industrial
Full-time employees: 69

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kevan S. Gorrie ICD.D, P. Eng	President, CEO & Trustee	1.49M	N/A	1969
Ms. Teresa Neto CA	Chief Financial Officer	714.79k	N/A	1966
Mr. Michael A. Ramparas	Executive VP of Global Real Estate & Head of Investments	671.27k	N/A	N/A
Mr. Lawrence Clarfield	Executive VP, General Counsel & Corporate Secretary	589.84k	N/A	N/A
Mr. Lorne Kumer	Executive VP & Head of Global Real Estate	714.79k	N/A	N/A
Andrea Sanelli	Manager of Legal & Investor Services	N/A	N/A	N/A
Mr. Witsard Schaper	Senior VP & Head of Europe	N/A	N/A	N/A
Mr. Jon Sorg	Senior VP & Head of U.S.	N/A	N/A	N/A
Mr. Keith Stephen	Vice President of Sustainability & Environment	N/A	N/A	N/A
Mr. Gregory C. Avioli	CEO of the Racing & Gaming Division and President of the Racing & Gaming Division	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 143 investment properties representing approximately 62.9 million square feet of leasable area.

Corporate governance

Granite Real Estate Investment Trust’s ISS governance QualityScore as of 1 May 2024 is 2. The pillar scores are Audit: 9; Board: 5; Shareholder rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.