SL Green President Andrew Mathias to depart Dec 31, 2023; remains on board and advisory

SL GREEN REALTY CORP

Andrew Mathias's employment agreement non-renewed; termination effective Dec 31, 2023; no disagreement with company.
Mathias will remain on Board and serve as advisor under one-year advisory agreement at $8,333/month plus perks.
CEO Marc Holliday appointed interim President effective Jan 1, 2024.
Mathias to receive severance including base salary, bonus, equity acceleration per existing agreement.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Andrew Mathias

President

SLG · SL GREEN REALTY CORP

Effective: 2023-12-31
Successor: Marc Holliday
Filed: October 10, 2023, 7:59 PM ET

the Company has provided Mr. Mathias notice of non-renewal of the Employment Agreement, and, as a result, the Employment Agreement will terminate at 11:59 p.m. Eastern Standard Time on December 31, 2023 (the “Separation Date”) and Mr. Mathias will cease to serve in his role as President of the Company.

Appointed (interim)

Marc Holliday

President (interim)

SLG · SL GREEN REALTY CORP

Effective: 2024-01-01
Filed: October 10, 2023, 7:59 PM ET

the Board anticipates appointing Marc Holliday, the Company’s Chief Executive Officer and Chairman of the Board, to the role of President of the Company, on an interim basis, effective immediately following the Separation Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Andrew Mathias departed as President at SL GREEN REALTY CORP.

Action: non-renewal
Role: President

Exact text from the filing

the Company has provided Mr. Mathias notice of non-renewal of the Employment Agreement, and, as a result, the Employment Agreement will terminate at 11:59 p.m. Eastern Standard Time on December 31, 2023 (the “Separation Date”) and Mr. Mathias will cease to serve in his role as President of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Marc Holliday was appointed as President (interim) at SL GREEN REALTY CORP.

Action: appointed
Role: President (interim)

Exact text from the filing

the Board anticipates appointing Marc Holliday, the Company’s Chief Executive Officer and Chairman of the Board, to the role of President of the Company, on an interim basis, effective immediately following the Separation Date.

View on SEC.gov

SL GREEN REALTY CORP filing history →

Source: SEC EDGAR

accession 0001104659-23-107859

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