Melcor Developments MRD.TO · CAD

Its shares trade on Toronto Stock Exchange under the ticker MRD.TO. It has been listed since 17 March 1980. In the fiscal year to 31 December 2025, it reported revenue of C$410.5m and net income of C$58.0m. At that date it held total assets of C$2.05bn and shareholders' equity of C$1.27bn.

Melcor Developments Ltd. is a diversified real estate development and asset management company, which develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses. The company is headquartered in Edmonton, Alberta. The firm develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers and golf courses. The firm's divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing and construction of commercial properties; Investment Properties, which operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation of owned properties and property management of real estate investment trust (REIT) owned properties; the REIT, which is engaged in acquiring and owning leasable commercial and residential sites, and Recreational Properties, which owns and operates championship golf courses associated with its residential communities.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Timothy MeltonExecutive Chairman of the Board, Chief Executive Officer, since 1973C$1.4m
• Ms. Naomi StefuraChief Financial Officer, Chief Operating Officer, Corporate SecretaryC$1.3m
• Ms. Susan KeatingVice President - Land Edmonton, since 2023C$495,943
• Mr. Graeme MeltonVice President - Land Calgary and USA, since 2023C$496,976
• Ms. Catherine RoozenLead Independent DirectorC$59,500
• Mr. Andrew MeltonDirector, since 1985C$517,070
• Ms. Kathleen MeltonDirectorC$57,000
• Mr. Douglas GossIndependent DirectorC$37,500
• Mr. Bruce PennockIndependent DirectorC$52,500
• Ms. Janet RiopelIndependent DirectorC$40,500
• Mr. Ralph YoungIndependent Director, since 1976C$34,500

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