Cushman & Wakefield finalizes CEO John Forrester employment agreement effective Jan 1, 2022

Cushman & Wakefield Ltd.

Base salary of at least £693,900; target annual cash bonus of £1,542,000.
Annual RSU grants with target value of $5,100,000, half time-vested over 3 years, half performance-vested.
Severance: 1.5x base salary for 18 months plus target bonus for termination year upon qualifying termination.
Equity treatment upon qualifying termination or retirement: unvested RSUs continue on schedule.
Agreement supersedes prior Dec 2018 agreement; Forrester also to serve on Board if nominated.

item 5.02 item 9.01

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Appointed

John Forrester

Chief Executive Officer

CWK · Cushman & Wakefield Ltd.

Effective: 2022-01-01
Filed: November 15, 2021, 6:59 PM ET

John Forrester, who will assume the role of Chief Executive Officer of the Company on January 1, 2022, as previously announced.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John Forrester was appointed as Chief Executive Officer at Cushman & Wakefield Ltd..

Action: will assume
Role: Chief Executive Officer

Exact text from the filing

John Forrester, who will assume the role of Chief Executive Officer of the Company on January 1, 2022, as previously announced.

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Source: SEC EDGAR

accession 0001193125-21-328976

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