JLL Technologies CEO Mihir Shah to leave April 1, 2027; severance package valued at about $3.63M

JONES LANG LASALLE INC

Mihir Shah, CEO of Jones Lang LaSalle Technologies and a member of the Global Executive Board, will leave the company effective April 1, 2027; announcement dated Sept 30, 2026.
Severance totals roughly $3.63M: $675,000 (54 weeks of base salary), a $590,000 pro-rated 2026 Annual Incentive Plan payment, and $2,360,000 equal to 1x his target annual incentive.
Current base salary continues through the Separation Date plus a 2026 AIP bonus paid March 2027; outstanding RSUs and PSUs vest pro-rated, with the unvested portion forfeited as of April 1, 2027.
Company will reimburse the employer share of up to 12 months of COBRA premiums, ending sooner if Shah obtains new health-benefit-covered employment; a 12-month non-solicitation covenant applies.
Payment is conditioned on execution and non-revocation of a general release; the Separation Agreement dated Sept 28, 2026 will be filed as an exhibit to the company's Form 10-Q.

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