HHH appoints ex-Arch Capital CEO Marc Grandisson to board; buys $10M warrants

Howard Hughes Holdings Inc.

Marc Grandisson appointed to HHH board effective May 7, 2026, replacing Ben Hakim, who resigned with no disagreement.
Grandisson invests $10M to purchase warrants for 1,131,273 HHH shares at $100 strike price, five-year term, four-year transfer restriction.
Grandisson was Arch Capital CEO (2018-2024), delivering 298% TSR during tenure; expected to join Pershing Square as partner in March 2027.
Appointment comes ahead of HHH's planned close of Vantage Group Holdings acquisition this quarter.

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