---
schema_version: "secwatch.filing_event.v1"
accession: "0000895417-22-000006"
form_type: "8-K"
ticker: "ELS"
cik: "0000895417"
company_name: "EQUITY LIFESTYLE PROPERTIES INC"
filed_at: "2022-02-11T23:59:59+00:00"
generated_at: "2026-06-27T08:57:34.810093+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Roger Maynard to retire as EVP – Investments on March 31, 2022; Michael Bailey succeeds him

## Summary
- Roger Maynard to retire as EVP – Investments effective March 31, 2022; enters 12-month consulting agreement with $83,333/month fee plus $200K annual bonus opportunity.
- Michael Bailey, SVP – Investments (joined 2015), will assume duties for acquisition and investment opportunities.
- Compensation Committee approved 2022 Executive Bonus Plan: CEO bonus potential 290% of salary; other execs 220%.
- 70% of bonus based on operational targets; 30% discretionary; potential additional $553,285 for exceeding targets.

## SEC filing metadata
- accession: 0000895417-22-000006
- form_type: 8-K
- ticker: ELS
- cik: 0000895417
- company_name: EQUITY LIFESTYLE PROPERTIES INC
- filed_at: 2022-02-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895417/000089541722000006/0000895417-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895417/000089541722000006/els-20220207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895417-22-000006
- JSON: https://secwatch.observer/filing/0000895417-22-000006.json
- Plain text: https://secwatch.observer/filing/0000895417-22-000006.txt

## Key facts
- Executive change
  Roger Maynard retired as Executive Vice President – Investments at EQUITY LIFESTYLE PROPERTIES INC.
  - Action: retired
  - Role: Executive Vice President – Investments
  source text: announced the retirement of Roger Maynard as Executive Vice President – Investments effective March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895417/000089541722000006/0000895417-22-000006-index.htm
- Executive change
  Michael Bailey was appointed as Senior Vice President – Investments at EQUITY LIFESTYLE PROPERTIES INC.
  - Action: assumed duties
  - Role: Senior Vice President – Investments
  source text: Michael Bailey, Senior Vice President – Investments, will assume the duties of Mr. Maynard with respect to acquisition and investment opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895417/000089541722000006/0000895417-22-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.