Board approves $2.5M equity award for new CEO Eli Simon

SIMON PROPERTY GROUP INC.

Eli Simon appointed CEO and President effective March 23, 2026.
On May 13, 2026, independent directors approved a $2.5M 2026 LTI award to Mr. Simon.
Award consists of LTIP units and restricted stock units valued at SPG closing price.
No other components of Mr. Simon's compensation were changed.

item 5.02

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Appointed

Eli Simon

Chief Executive Officer and President

SPG · SIMON PROPERTY GROUP INC.

Effective: 2026-03-23
Filed: May 15, 2026, 10:19 AM ET

appointed Eli Simon to serve as Chief Executive Officer and President of the Company, effective March 23, 2026

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Eli Simon was appointed as Chief Executive Officer and President at SIMON PROPERTY GROUP INC..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

appointed Eli Simon to serve as Chief Executive Officer and President of the Company, effective March 23, 2026

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SIMON PROPERTY GROUP INC. filing history →

Source: SEC EDGAR

accession 0001104659-26-062019

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