President L. Jay Cross retires effective June 30, 2025; receives $4.57M in cash plus equity acceleration

Howard Hughes Holdings Inc.

Cross will step down as President and executive officer on June 30, 2025, vs. prior Dec 1 non-renewal.
Separation package: $317,308 base salary through Dec 1, $1.95M 2025 bonus, and $2.3M discretionary cash payment.
29,980 restricted shares and 17,208 stock options vest immediately; 41,926 performance shares remain outstanding.
COBRA premiums reimbursed through Dec 31, 2025; standard release and nondisparagement obligations apply.
2025 annual meeting set for Sept 30; record date Aug 4; shareholder proposal deadlines June 23 (14a-8) and July 2 (other).

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

L. Jay Cross

President

HHH · Howard Hughes Holdings Inc.

Effective: 2025-06-30
Filed: June 10, 2025, 7:59 PM ET

The Company and Mr. Cross have now agreed that Mr. Cross will retire from and cease to be an executive officer of the Company effective June 30, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

L. Jay Cross retired as President at Howard Hughes Holdings Inc..

Action: retired
Role: President

Exact text from the filing

The Company and Mr. Cross have now agreed that Mr. Cross will retire from and cease to be an executive officer of the Company effective June 30, 2025.

View on SEC.gov

Howard Hughes Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-058189

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.