Former President Saul Scherl's employment terminated; $1.78M cash payment for cancellation of equity awards

Howard Hughes Holdings Inc.

Saul Scherl's employment terminated; previously served as President, New York Tri-State Region and Senior Advisor, Seaport.
Company to pay $1,776,891 cash to cancel all outstanding equity incentive awards; anti-dilutive effect of 133,562 stock awards.
Transition from President role and subsequent termination part of previously disclosed arrangements.

item 5.02

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Departed

Saul Scherl

Senior Advisor, Seaport

HHH · Howard Hughes Holdings Inc.

Effective: 2023-10-19
Filed: October 19, 2023, 7:59 PM ET

Mr. Scherl’s employment with Howard Hughes Holdings Inc. (the “Company”) and its affiliates has now terminated.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Saul Scherl was terminated as Senior Advisor, Seaport at Howard Hughes Holdings Inc..

Action: terminated
Role: Senior Advisor, Seaport

Exact text from the filing

Mr. Scherl’s employment with Howard Hughes Holdings Inc. (the “Company”) and its affiliates has now terminated.

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Howard Hughes Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-110102

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