Christopher P. Marr has been at the helm of CubeSmart since January 1, 2014. With a strong background in finance and investment, he has been pivotal in steering CubeSmart's growth in the real estate sector. Before becoming CEO, Marr served...

Number of Employees

3.04K

Year

2023

Total Compensation

$2.62M

Salary

$884.00K

Board Justification

The compensation philosophy is designed to attract and retain top executive talent, aligning executive goals with both short-term and long-term company performance, with a significant portion of compensation being performance-based.

Bonus

$1.48M

Board Justification

Annual incentive compensation based on performance metrics tied to financial results and individual goals for 2023.

Other

$255.23K

Board Justification

Includes contributions to retirement plans, vehicle allowance, and other benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2023 as the focus was on performance units and options that vest over time.

Performance Metrics

Performance metrics include financial results, execution of strategy, and individual goals.

SEC Filing

From April 5, 2024