---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-328976"
form_type: "8-K"
ticker: "CWK"
cik: "0001628369"
company_name: "Cushman & Wakefield Ltd."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:25:21.345038+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-328976
- form_type: 8-K
- ticker: CWK
- cik: 0001628369
- company_name: Cushman & Wakefield Ltd.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628369/000119312521328976/0001193125-21-328976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628369/000119312521328976/d242190d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-328976
- JSON: https://secwatch.observer/filing/0001193125-21-328976.json
- Plain text: https://secwatch.observer/filing/0001193125-21-328976.txt

## Key facts
- Executive change
  John Forrester was appointed as Chief Executive Officer at Cushman & Wakefield Ltd..
  - Action: will assume
  - Role: Chief Executive Officer
  source text: John Forrester, who will assume the role of Chief Executive Officer of the Company on January 1, 2022, as previously announced.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628369/000119312521328976/0001193125-21-328976-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.