leadership
confidence high
sentiment neutral
materiality 0.55
Equity Residential announces CIO succession: Garechana becomes CIO, McLeod as CFO
EQUITY RESIDENTIAL
- Alexander Brackenridge steps down as CIO effective Aug 7, 2025; will retire end of 2025.
- CFO Robert Garechana succeeds Brackenridge as CIO, effective Aug 7, 2025.
- Bret McLeod joins from Great Wolf Resorts as EVP-Finance July 22, becomes CFO Aug 7.
- McLeod base salary $550K, target bonus $687.5K, retention equity $1.25M (3-year cliff).
- Brackenridge eligible for 2025 bonus/equity in early 2026; no severance; retirement benefits per Rule of 70.
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