Saturday, March 7, 2020

Southfield, Michigan-Based Manufactured Housing and RV Communities REIT Sun Communities Inc's Top-Tier Executives Average Pay and Benefits Raise Was an Off-the-Charts 72.8% Per Year During the Past Ten Years

Sun Communities Inc is an income-tax-free Real Estate Investment Trust.

It invests in manufactured housing (MH) communities and recreational vehicle (RV) communities.

From Company Proxy Statement filings with the SEC, below are Sun Communities' Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Sun Communities Inc 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Gary Shiffman CEO       9,194     13,630     13,630       6,681       6,681       7,388       7,388       1,659       1,658     14,774
John McLaren President        3,047       3,296       3,296       3,656       3,656       3,881       3,881       1,755       1,754       1,289
Karen Dearing CFO       2,954       3,046       3,046       3,138       3,138       3,236       3,236       1,995       1,994       1,219
Jonathon Colman EVP          560          451          451       1,219       1,219          790          790       1,596       1,595          480
 Totals      15,755     20,423     20,423     14,694     14,694     15,295     15,295       7,005       7,001     17,762
Annual % Change vs Prior Year -22.9% 39.0% -3.9% 118.3% -60.6%
 5 Year Average Per Year % Change 14.0%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Sun Communities Inc 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Gary Shiffman CEO     14,774       1,801       1,801       3,204       3,204          797          797       1,907       1,907          921
John McLaren President        1,289          938          938       1,845       1,845          282          282          583          583          533
Karen Dearing CFO       1,219          690          690       1,578       1,578          296          296          603          603          523
Jonathon Colman EVP          480          373          373          269          269          205          205          205          240          227
 Totals      17,762       3,802       3,802       6,896       6,896       1,580       1,580       3,298       3,333       2,204
Annual % Change vs Prior Year 367.2% -44.9% 336.5% -52.1% 51.2%
5 Year Average Per Year % Change 131.6%
10 Year Average Per Year % Change 72.8%