leadership
confidence high
sentiment neutral
materiality 0.60
RE/MAX Holdings CIO W. Grady Ligon to depart Sept 1, 2025; separation agreement signed
RE/MAX Holdings, Inc.
- CIO W. Grady Ligon's last day expected September 1, 2025; departure not due to disagreement.
- Ligon to receive base salary of $368,000/yr through separation; 9.5 months' severance pay of $291,333.
- Time-based and future performance RSUs forfeited; 27,074 performance-based RSUs for completed periods will vest.
- Pro-rated 2025 bonus possible if paid in Q1 2026; 9.5 months of outplacement services included.
- Non-compete in US and Canada for severance period; company can waive, forfeiting unpaid benefits.
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