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DREAM Unlimited Corp (DRM.TO)

DRM.TO on Toronto Stock Exchange

17.37CAD
7 Aug 2020
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Summary

Name Age Since Current Position

Joanne Ferstman

52 2017 Independent Chairman of the Board

Michael Cooper

2015 President, Chief Responsible Officer, Non-Independent Director

P. Jane Gavan

2014 President - Asset Management, Non-Independent Director

Jason Lester

2017 Vice Chairman - Development

Brian Pauls

Senior Vice President - Industrial

Lindsay Brand

2018 Chief Investment Officer

Daniel Marinovic

2017 Chief Development Officer

James Eaton

2018 Independent Director

Richard Gateman

2013 Independent Director

Duncan Jackman

2017 Independent Director

Jennifer Koss

2014 Independent Director

Vincenza Sera

65 2013 Independent Director

Biographies

Name Description

Joanne Ferstman

Ms. Joanne S. Ferstman CPA serves as Independent Chairman of the Board of the Company. Ms. Ferstman is a corporate director. Over the past 18 years and until her retirement in June 2012, Ms. Ferstman held a variety of executive positions with the Dundee Group of Companies. Most recently, Ms. Ferstman was the President and Chief Executive Officer of Dundee Capital Markets Inc., a full service investment dealer with principal businesses including investment banking, institutional sales and trading and private client financial advisory. Prior to January 31, 2011, Ms. Ferstman was Vice-Chair and Head of Capital Markets of DundeeWealth Inc., a diversified wealth management company. Prior to 2009, Ms. Ferstman was Executive Vice President and Chief Financial Officer of Dundee Wealth Inc. and Executive Vice President, Chief Financial Officer and Corporate Secretary of Dundee Corporation. In these senior financial roles, Ms. Ferstman was actively involved in all corporate strategy, including acquisitions and financings, and was responsible for all public financial reporting. In addition, Ms. Ferstman regularly represented Dundee Corporation on investee company boards and audit committees across various sectors. Prior to joining the Dundee Group of Companies, Ms. Ferstman spent four years as Chief Financial Officer for a national securities firm and five years at a major international accounting firm. Ms. Ferstman earned a Bachelor of Commerce and a Graduate degree in Public Accountancy from McGill University and is a Chartered Professional Accountant. Ms. Ferstman also sits on the board of trustees of Dream Office REIT (Chair).

Michael Cooper

Mr. Michael J. Cooper serves as President, Chief Responsible Officer, Non-Independent Director of the Company. He He has an extensive track record in the real estate industry dating back to 1986. He helped found DAM in 1996 and continues to hold the office of Chief Executive Officer. Under his leadership, the business has grown to more than $14.6 billion of commercial real estate, residential development and renewable energy infrastructure assets under management. Among his accomplishments, Mr. Cooper is responsible for the formation of three TSX-listed real estate investment trusts: Dream Office REIT, Canada’s largest office REIT; Dream Global REIT, a Canadian REIT investing in commercial real estate assets exclusively outside of Canada; Dream Industrial REIT, the largest pure-play industrial REIT in Canada; and most recently, for the formation of Dream Alternatives, a TSX-listed mutual fund trust focused on hard asset alternative investments. He earned a Bachelor of Laws degree from the University of Western Ontario and a Master of Business Administration from York University. Mr. Cooper currently sits on the board of directors of Dundee Corporation, Dream, Dream Office REIT, Dream Global REIT, Dream Industrial REIT, E-L Financial Corp, and Real Property Association of Canada.

P. Jane Gavan

Ms. P. Jane Gavan serves as President - Asset Management, Non-Independent Director of the Company. She is the President, Asset Management of DREAM and has more than 20 years of experience in the real estate industry. Ms. Gavan is primarily responsible for international real estate investments and serves as Chief Executive Officer of Dundee International REIT, a Canadian REIT that invests in commercial real estate assets exclusively outside of Canada. Since joining Dundee in 1998, Ms. Gavan has played a key role in numerous transactions including Dundee’s acquisition of Lehndorff Properties, the 2003 business restructuring that resulted in the creation of Dundee REIT, Dundee REIT’s $2.3 billion portfolio sale to GE Real Estate, and the initial public offering of Dundee International REIT. Prior to joining Dundee, Ms. Gavan served as legal counsel for numerous companies including Oxford Properties Group, and Denison Mines Corp., and began her career in private law practice with Blake, Cassels & Graydon LLP, specializing in real estate and corporate finance. She earned an Honours Bachelor of Commerce degree from Carleton University and a Bachelor of Laws degree from Osgoode Hall, York University.

Jason Lester

Mr. Jason Lester serves as Vice Chairman - Development of the Company. Mr. Lester is the Vice President - Development of the Company. He is primarily responsible for residential land development and urban development. He has 19 years of experience in multi-family residential, commercial and industrial asset and property management. Prior to joining DAM in 2004, Mr. Lester held the positions of Executive Vice-President, Asset Management and Vice-President, Acquisitions and Asset Management at Residential Equities REIT, where he was responsible for the property management division, acquisition activities and investment strategies for a portfolio of 11,000 suites.

Brian Pauls

Mr. Brian Daniel Pauls serves as Senior Vice President - Industrial of the Company. Prior to January 1, 2018 was and is the President of PAULS Corp, LLC, a capital management and real estate development firm.

Lindsay Brand

Ms. Lindsay Mara Brand serves as Chief Investment Officer of the Company. she is responsible for all the investments and capital allocation across Dream Unlimited and Dream Alternatives. In addition to investments, Ms. Brand is responsible for the portfolio management for Dream Alternatives and management oversight for all of our partnership developments. Ms. Brand joined Dream in 2011 and has held various positions throughout the organization prior to her current role. She has worked on acquisitions and asset management for Dream Office, Dream Global, Dream Alternatives and now Dream Unlimited. Prior to joining Dream, Ms. Brand worked at CIBC in both corporate development and real estate finance. Ms. Brand graduated with distinction from the Honours Business Administration program at the Richard Ivey School of Business and also obtained her Master of Science of Real Estate Development in 2014 from Columbia University in New York City.

Daniel Marinovic

Mr. Daniel Izidor Marinovic serves as Chief Development Officer of the Company. Prior to joining DREAM, Mr. Marinovic was the Vice President of Finance for First Gulf Corporation, the commercial affiliate of the Great Gulf Group of Companies, a major property developer and landlord with operations in Canada and the United States. Over the course of his career Mr. Marinovic has been involved with a considerable list of high profile developments which include office, industrial, retail, adaptive re-use, condominium and master-planned residential communities. Mr. Marinovic holds a Masters in Business Administration from the University of Kansas (USA).

James Eaton

Mr. James Eaton serves as Independent Director of the Company. Mr. James Eaton is the President of Weatons Holdings, a Canadian private holding company. Mr. Eaton has been active in the founding, growth and divestiture stages of the Weatons portfolio companies across a wide variety of industries. His responsibilities at Weatons include overseeing numerous private investments and a portfolio of listed securities. Mr. Eaton is currently a partner of JJR Capital, a private merchant bank, and serves on the boards of JC Clark Ltd. and Defyrus, Inc. Mr. Eaton is a founding director of the True Patriot Love Foundation, chaired the Invictus Games Toronto 2017, and is a trustee of the John David and Signy Eaton Foundation. Mr. Eaton also sits on the board of directors of Medley Management Inc., a NYSE listed company. Mr. Eaton holds a B.A. from the University of Colorado at Boulder. In 2012, Mr. Eaton was awarded a Queen Elizabeth II Jubilee Medal honouring significant contributions and achievements by Canadians.

Richard Gateman

Mr. Richard N. Gateman serves as Independent Director of the Company. Mr. Richard N. Gateman is Vice President, Canada Gas Business Development with TransCanada PipeLines Limited. He has over three decades of business development and legal experience in oil and gas, midstream and natural gas pipeline projects. His experience includes major project development and management; asset transactions; stakeholder, government and First Nations engagement; and general corporate law and business development. Mr. Gateman is also the President of Prince Rupert Gas Transmission Ltd., a wholly-owned subsidiary of TransCanada, which is seeking to develop a major natural gas transportation pipeline to the Prince Rupert, BC area. Mr. Gateman previously served as the President of Coastal GasLink Pipeline Ltd., another wholly-owned subsidiary of TransCanada, which is currently constructing a multi-billion-dollar pipeline project which will transport natural gas to the LNG Canada liquefied natural gas export facility near Kitimat, BC. Prior to this role, Mr. Gateman was Vice-President, Northern Development for TransCanada where he was responsible for TransCanada’s involvement in the Mackenzie Gas Project and for the origination and advancement of new Canadian business development projects apart from TransCanada’s existing pipeline platforms. Mr. Gateman holds a Bachelor of Arts degree from the University of Calgary and a Bachelor of Laws degree from the University of Western Ontario.

Duncan Jackman

Mr. Duncan N. R. Jackman serves as Independent Director of the Company. Mr. Duncan Jackman is Chairman and Chief Executive Officer of E-L Financial Corporation Limited, an investment and insurance holding company. Mr. Jackman oversees the company’s investments by sitting on the boards of directors of the company’s subsidiaries and select other companies in which the company has significant shareholdings, including by serving as Chairman of Algoma Central Corporation and Chairman and President of Economic Investment Trust Limited and United Corporations Limited, two closed-end investment companies. Mr. Jackman earned a Bachelor of Arts degree from McGill University.

Jennifer Koss

Ms. Jennifer Lee Koss serves as Independent Director of the Company. Ms. Jennifer Lee Koss is the Co-Founder and Builder of Business of BRIKA – the pre-eminent retail platform for contemporary, elevated craft online and offline representing a community of over 400 of the most talented artisans and designers. Prior to launching her business, she spent nearly five years at Ontario Teachers’ Private Capital investing in consumer/retail companies and in large private equity global funds. Her work experience also includes management consulting at The Bridgespan Group and The Parthenon Group, focusing on private equity due diligence, and in investment banking at JPMorgan. Ms. Koss is also a Member of the Board of Trustees of the Art Gallery of Ontario and a Director of the Board of The National Ballet of Canada. Ms. Koss is a Juilliard-trained cellist and holds an AB degree magna cum laude from Harvard College, an MPhil from Oxford University and an MBA from Harvard Business School.

Vincenza Sera

Ms. Vincenza Sera serves as Independent Director of the Company. Ms. Vincenza Sera is an active corporate director who currently sits on the board of Investment Management Corporation of Ontario (IMCO) which manages over $60 billion in assets for various Ontario stakeholders. Prior to this appointment, she was Chair of the Ontario Pension Board for nine years. In addition to the public companies listed below, Ms. Sera currently sits on the Board of Directors of the Ontario Financing Authority. Ms. Sera was an investment banker with more than 25 years of experience in capital markets, corporate finance and corporate governance. She has held senior positions with National Bank Financial, First Marathon Securities and Canadian Imperial Bank of Commerce. Ms. Sera holds an MBA from the University of Toronto and is a graduate of the Directors Education Program (ICD.D). Ms. Sera is also the Chair of the board of trustees of Dream Industrial REIT.

Basic Compensation

Name Fiscal Year Total

Joanne Ferstman

237,000

Michael Cooper

4,730,430

P. Jane Gavan

2,863,790

Jason Lester

668,632

Brian Pauls

--

Lindsay Brand

830,036

Daniel Marinovic

825,885

James Eaton

100,000

Richard Gateman

117,000

Duncan Jackman

100,000

Jennifer Koss

117,000

Vincenza Sera

128,000
As Of  31 Dec 2019